on KERING (EPA:KER)
Parvus reduces its stake in KERING
On July 30, 2025, Parvus Asset Management Jersey Limited crossed the 5% threshold in KERING's capital, declaring a reduced stake of 4.82%. In terms of voting rights, this represents 3.37%. This declaration, officially received on August 5, 2025, follows a sale of shares on the market.
These shares are managed primarily through equity swap agreements, granting Parvus rights to 5,945,638 KERING shares. These agreements extend to various maturities, from September 2, 2025 to January 6, 2027, totaling mainly 2,718,381 shares for the November 3, 2025 maturity.
R. H.
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