LVMH: Reduction of the liquidity contract with ODDO BHF SCACA
Source: GlobeNewswireParis, December 20th, 2021
On December 20th, 2021, in accordance with article 4.6 of AMF decision n° 2021-01 dated June 22nd, 2021, LVMH reduced the cash amount allocated to the liquidity contract entered into with ODDO BHF SCA by 16,000,000 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 December 20th, 2021, the following assets appeared on the liquidity account:
- 28,000 shares
- 19,713,374.23 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, Ao Yun, Château d'Esclans and Château du Galoupet. 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. 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 investors Chris Hollis LVMH + 33 1 44 13 21 22 | Media Jean-Charles Tréhan LVMH + 33 1 44 13 26 20 |
MEDIA CONTACTS | |
France Aymeric Granet 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 Nik Deogun / Blake Sonnenshein Brunswick Group + 1 212 333 3810 | China Daniel Jeffreys Deluxewords +44 772 212 6562 +86 21 80 36 04 48 |
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