Skip to main content

Press release :Half-Yearly Achievement Report on Kering Share Quotations Liquidity Mandate and Signing of a Contract Amendment Changing the Resources Allocated to the Liquidity Account

Written by Customer Service on . Posted in Public Companies.

PRESS RELEASE

 

July 9, 2021

 

HALF-YEARLY ACHIEVEMENT REPORT ON KERING SHARE
QUOTATIONS LIQUIDITY MANDATE AND SIGNING OF A CONTRACT AMENDMENT CHANGING THE RESOURCES ALLOCATED TO THE LIQUIDITY ACCOUNT

Pursuant to the liquidity mandate granted by Kering to Rothschild Martin Maurel on February 13, 2019, the following assets appeared on the liquidity account as of June 30, 2021:
•        0 Share
•        €50,212,359.00
  
As a reminder, the following assets appeared on the liquidity account as of December 31, 2020:
•        0 Share
•        €50,187,988.00

In addition, Kering and Rothschild Martin Maurel signed an amendment to the liquidity contract that came into effect on July 1st, 2021. This amendment provides a reduction of €25 million in the resources allocated to the liquidity account. Therefore, on July 1st, the following assets appeared on the liquidity account:
•        0 Share
•        €25,000,000.00

About Kering

A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, Jewelry and Watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow’s Luxury in a sustainable and responsible way. We capture these beliefs in our signature: “Empowering Imagination”. In 2020, Kering had over 38,000 employees and revenue of €13.1 billion.

Contacts

Press
Emilie Gargatte                        +33 (0)1 45 64 61 20                emilie.gargatte@kering.com
Marie de Montreynaud               +33 (0)1 45 64 62 53                marie.demontreynaud@kering.com 

Analysts/investors
Claire Roblet                         +33 (0)1 45 64 61 49              claire.roblet@kering.com
Julien Brosillon                      +33 (0)1 45 64 62 30              julien.brosillon@kering.com

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.