Crédit Mutuel Equity SCR agreed to acquire 2.66% stake in GROUPE SFPI SA (ENXTPA:SFPI) form Spring Management for ?6.1 million on December 20, 2023. The acquisition is at price of ?2.50 per share. As a result of these acquisitions (i) Henri Morel would therefore hold, directly and indirectly through ARC Management which he controls, 57.52% of the capital and 67.52% of the theoretical voting rights of SFPI Group, and (ii) Crédit Mutuel Equity and BNP Paribas Développement would hold respectively 10.00% and 4.00% of the capital and 10.80% and 3.72% of the theoretical voting rights of SFPI Group. This acquisition will be completed early February 2024.

Crédit Mutuel Equity SCR completed the acquisition of 2.66% stake in GROUPE SFPI SA (ENXTPA:SFPI) form Spring Management on February 1, 2024. In a related transaction, ARC Management and BNP Paribas Développement also acquired respectively 6.65% and 2.03% of the share capital GROUPE SFPI SA from Spring Management. ARC Management, Crédit Mutuel Equity and BNP Paribas Development do not act in concert and remain free to manage their respective interests. On completion, Spring Management has resigned as a director of Groupe SFPI, effective February 2, 2024.