Brief: Vipshop to sell 4.48 pct stake in SRP Groupe

SRP Groupe SA

19/06/2017 16:56

June 19 (Reuters) - Vipshop Holdings Ltd  VIPS.N : 
    * Launched sale of remaining shares of SRP Groupe 
representing c.4.48 pct of share capital and 3.11 pct voting 
rights of the co via ABB 
    * Bookbuilding will start immediately. The results of the 
placement will be announced after the close of the bookbuilding 
process 
    * Following completion of the placement, the seller will no 
longer hold any shares in the company 
    * David Gu expected to tender his resignation as a director 
of the company on the settlement date of the placement with 
immediate effect 
 
Further company coverage:  VIPS.N  
 
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