LVMH: Reduction of the liquidity contract with ODDO BHF SCA

Paris, January 11th, 2021

On January 11th, 2021, in accordance with article 4.6 of AMF decision n° 2018-01 dated  July 2nd, 2018, LVMH reduced the cash amount allocated to the liquidity contract entered into with ODDO BHF SCA by 7,000,000 euros in order to bring the total amount allocated to this contract down below the €50 million threshold referred to in the AMF decision for “very liquid shares” (as defined in paragraph 3.a of article 4 of the decision).

Following this operation, on January 11th, 2021, the following assets appeared on the liquidity account:

  • 38,000 shares
  • 29,322,943.15 euros in cash

LVMH LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Colgin Cellars, Hennessy, Glenmorangie, Ardbeg, Belvedere, Woodinville, Volcán de Mi Tierra, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton, Bodega Numanthia and Ao Yun. Its Fashion and Leather Goods division includes Louis Vuitton, Christian Dior Couture, Celine, Loewe, Kenzo, Givenchy, Fendi, Emilio Pucci, Marc Jacobs, Berluti, Loro Piana, RIMOWA, Patou and Fenty. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Perfumes Loewe, Benefit Cosmetics, Make Up For Ever, Acqua di Parma, Fresh, Fenty Beauty by Rihanna and Maison Francis Kurkdjian. LVMH's Watches and Jewelry division comprises Bvlgari Tiffany & Co., TAG Heuer, Chaumet, Dior Watches, Zenith, Fred and Hublot. LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, La Samaritaine, Groupe Les Echos, Cova, Le Jardin d’Acclimatation, Royal Van Lent, Belmond and Cheval Blanc hotels.

LVMH CONTACTS

Analysts and investorsChris HollisLVMH+ 33 1 4413 2122 MediaJean-Charles TréhanLVMH+ 33 1 4413 2620
  MEDIA CONTACTS  
 France Brune Diricq / Charlotte Mariné Publicis Consultants + 33 1 44 82 47 20  France Michel Calzaroni / Olivier Labesse /  Hugues Schmitt / Thomas Roborel de Climens  DGM Conseil + 33 1 40 70 11 89
 Italy Michele Calcaterra, Matteo Steinbach SEC and Partners + 39 02 6249991  UK Hugh Morrison, Charlotte McMullen Montfort Communications + 44 7921 881 800
 US James Fingeroth, Molly Morse, Anntal Silver Kekst & Company + 1 212 521 4800  China Daniel Jeffreys  Deluxewords +44 772 212 6562

 

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