Peugeot Invest announces the sale of its stake in Groupe SEB

Peugeot Invest announces its intention to sell the remainder of its stake in Groupe SEB, i.e. 2,223,674 shares, representing approximately 4.02% of the share capital as of December 31, 2023. This operation will be carried out via an institutional private placement carried out according to a accelerated bookbuilding process.

For two decades, Peugeot Invest has supported the development of Groupe SEB, the world leader in domestic equipment, through a strategy focused on innovation and a portfolio of iconic brands. This sale is part of the portfolio rotation strategy of Peugeot Invest, which, following this transaction, will no longer hold shares in Groupe SEB.

The book-building operation will begin without delay, with an announcement of the final terms of the placement expected after the process closes. Delivery of the shares is expected on February 29, 2024. Groupe SEB shares are listed on the regulated Euronext market in Paris.

Goldman Sachs Bank Europe SE and Natixis will act as Joint Bookrunners for this transaction, which does not constitute a public offering and is reserved for qualified investors, in accordance with applicable law.