LVMH: Reduction of the liquidity contract with ODDO BHF SCA
11 Janeiro 2021 - 1:46PM
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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