Moncler Sold 15 Million Shares Through Its Subsidiaries.

Italy

group

Confirmed that it has passed its subsidiary company.

The Moncler 15 million shares sold will be sold.

The sale is equivalent to a 6% stake in Moncler group, valued at about 230 million euros, and Eurazeo has a net income of about 190 million euros.

After the completion of the paction, ECIP M will continue to hold 9.5% of the Moncler group's share, and Eurazeo will enjoy 7.9% of the economic benefits from Moncler, and Eurazeo's three seats on the board will also remain.

Goldman Sachs hosted the stock exchange, and Lazard acted as a financial adviser to Eurazeo.

Eurazeo acquired a 45% stake in Moncler in 2011 and successfully launched its listing in Milan at the end of 2013.

This year, Moncler has repeatedly reported its outstanding performance beyond market expectations. In just four and a half months this year, its share price rose by more than 50%, and finally created a good opportunity for large shareholders to withdraw cash.

In May of this year, Eurazeo sold 7.8% of Moncler shares.

(see "ornate ambition" report: Moncler major shareholder Eurazeo meets high shipping)

Eurazeo's agent, CEO Virginie Morgon, said: "despite the international economic turmoil, Moncler still performs well in the first half of 2016 and still has great potential in the future."

In the first half of June 30th, Moncler sales increased 17% to 347 million euros, but net profit fell slightly 1.1% to 33 million 600 thousand euros.

The largest shareholder of Moncler is still Moncler's chairman and Ruffini's Partecipazioni Srl, an investment company under CEO.

Moncler ushered in two new shareholders in July: Juan and Carlos Torres, the sovereign wealth fund of Temasek and Temasek, Switzerland's tourism Dufry.