Press release
Listing of SMCP on Euronext
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SMCP, the parent company of French apparel and accessories brands Sandro, Maje and Claudie Pierlot, today celebrated its first day of trading in Compartment A of Euronext Paris. CEO Daniel Lalonde rang the bell that opens European markets, accompanied by Evelyne Chétrite and Judith Milgrom, the founders and artistic directors of the Sandro and Maje brands, and Ilan Chétrite, founder and artistic director of the Sandro men’s label.
« We are very pleased with the success of this new IPO. This is an important milestone that opens the first of many new chapters in SMCP’s tremendous growth story.
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The offering price was set at €22 per share.
The total amount of the offer represents €541 million.
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