SMCP - Update on the forced proceeding of the related shares July 2025
Press release - Paris, July 4th, 2025
Update on the proceedings in relation to the transfer of 15.5% of the share capital of SMCP
Transfer order from the Singapore High Court
SMCP has been informed today that the Singapore High Court decided to order Dynamic Treasure Group Ltd (DTG) to return to European Topsoho S.à r.l. (ETS) the 15.5% stake of SMCP which had been transferred in 2021.
DTG will have to comply with this order within one week following notification of the order.
This order remains subject to potential appeal. SMCP will keep the market informed about the effective completion of the return of this stake to ETS.
ABOUT SMCP
SMCP is a global leader in the accessible luxury market with four unique Parisian brands: Sandro. Maje. Claudie Pierlot and Fursac. Present in 53 countries. the Group led by Isabelle Guichot as CEO, comprises a network of over 1.600 stores globally and a strong digital presence in all its key markets. Evelyne Chetrite and Judith Milgrom founded Sandro and Maje in Paris. in 1984 and 1998 respectively. and continue to provide creative direction for the brands. Claudie Pierlot and Fursac were respectively acquired by SMCP in 2009 and 2019. SMCP is listed on the Euronext Paris regulated market (compartment A. ISIN Code FR0013214145. ticker: SMCP).
CONTACTS
| INVESTORS/PRESS | |
| SMCP | BRUNSWICK |
| Amélie Dernis | Hugues Boëton +33 (0) 6 79 99 27 15 |
| +33 (0) 1 55 80 51 00 | Tristan Roquet Montegon +33 (0) 6 37 00 52 57 |
| amelie.dernis@smcp.com | smcp@brunswickgroup.com |
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