HONG KONG
,
April 6, 2022
(press release)
–
Reference is made to our announcement dated 24 March 2022 in relation to the acquisition of Group Fourteen Holdings Pty. We are pleased to announce that on 1 April 2022 (after trading hours), the Acquisition Agreement was entered into and the In addition, upon completion of the Acquisition, we replaced LOGI as a party to the Shareholders Agreement and assumed, By Order of the Board As at the date of this announcement, the executive directors of the Company are Mr. Reinold Geiger (Chairman), Mr. André
Ltd., or Grown Alchemist. Capitalised terms in this announcement shall take the same meanings as those defined in that
announcement.
Acquisition was completed in accordance with the Acquisition Agreement. Starting from this date, Grown Alchemist is our
indirect non-wholly owned subsidiary and shall be consolidated into and form part of our Group.
among others, the rights and obligations of LOGI with respect to the Options under the Shareholders Agreement.
L’Occitane International S.A.
Reinold Geiger
Chairman
Luxembourg, 1 April 2022
Hoffmann (Vice-Chairman and Chief Executive Officer), Mr. Yves Blouin (Group Managing Director), Mr. Thomas Levilion
(Group Deputy General Manager, Finance and Administration), Mr. Karl Guénard (Company Secretary) and Mr. Séan
Harrington (Chief Executive Officer of ELEMIS) and the independent non-executive directors of the Company are Mrs.
Valérie Bernis, Mr. Charles Mark Broadley, Ms. Betty Liu and Mr. Jackson Chik Sum Ng.
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