Thermador Groupe Announces Dutreil Pact to Safeguard Shares

Thermador Groupe has announced the creation of a Dutreil pact, involving 2,313,461 shares. This represents 25.14% of the Group’s capital and 25.23% of voting rights. The two-year agreement was initiated by heirs of the founder, Mr. Guy Vincent, and other long-standing shareholders. The agreement aims to help these families retain as many shares as possible after inheritance tax.

The pact includes several notable shareholders: Investmentaktiengesellschaft für langfristige Investoren TGV with 9% of capital, Mr. and Mrs. de Sereys with 3.47%, and the indivision of Guy Vincent’s estate with 2.97%. Guillaume Robin, the Chairman and CEO, also holds 0.76% under this pact. Other CEOs and shareholders collectively add 12.37%.

This mechanism does not amount to a concerted action, as each party remains free to vote independently at future General Meetings. This agreement underscores Thermador Groupe’s commitment to long-term shareholder stability.