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The founders and executives of SMCP hold 10.3% of the capital after the conversion of preferred shares

The founders and executives of SMCP hold 10.3% of the capital after the conversion of preferred shares
The founders and executives of SMCP hold 10.3% of the capital after the conversion of preferred shares

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AFP

Published on

January 3, 2025

Around a hundred “senior executives and managers” of SMCP (Sandro, Maje, Claudie Pierlot), including its founders Evelyne and Ilan Chétrite and Judith Milgrom, hold 10.3% of the capital of the textile group following a conversion of preferred shares, according to a press release on Friday.

A Sandro Magazine – Sandro

Between 2016 and 2017, the group which also owns the De Fursac brand “proceeded to allocate, on an exceptional basis” nearly 1.3 million “preferred shares” with a nominal value of 1.10 euros , to 98 executives and managers of SMCP, details the company in a press release.

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