Nov 27 (Reuters) - SMCP SA SMCP.PA:
WAS INFORMED TODAY OF INITIATION OF A PROCESS TO SELL SMCP SHARES REPRESENTING UP TO 51.2% OF ITS SHARE CAPITAL
AFFECTED SMCP SHARES INCLUDE 28.0% STAKE HELD BY GLAS
7.7% STAKE MANAGED BY ALASTAIR BEVERIDGE AND DANIEL IMISON
INCLUDE 15.5% STAKE, RETURNED IN AUGUST 2025, HELD AND MANAGED BY ETS
WELCOMES THIS POTENTIAL SALE, WHICH WOULD ENABLE GROUP TO STABILIZE ITS SHAREHOLDER STRUCTURE AND FOCUS ON PURSUING ITS DEVELOPMENT STRATEGY
SALE PROCESS IS EXPECTED TO LAST SEVERAL MONTHS
Source text: ID:nGNEbhvPpP
Further company coverage: SMCP.PA
(Gdansk Newsroom)
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