Fosun International Amends Lanvin Group Holdings Stake

TL;DR

Fosun International just updated their Lanvin Group stake filing. Watch this space.

AI Summary

On April 9, 2024, Fosun International Ltd. and its group members filed an amendment to their Schedule 13D, reporting a change in beneficial ownership of Lanvin Group Holdings Ltd. The filing indicates a shift in control or influence over the luxury fashion group.

Why It Matters

This filing signals a potential shift in the ownership structure and strategic direction of Lanvin Group Holdings, which could impact its market position and future performance.

Risk Assessment

Risk Level: medium — Changes in major shareholder filings can indicate strategic shifts or potential future transactions that may affect the company's stock price.

Key Players & Entities

• Fosun International Ltd. (company) — Filing entity
• Lanvin Group Holdings Ltd (company) — Subject company
• FOSUN FASHION HOLDINGS (CAYMAN) LTD (company) — Group member
• SHANGHAI YUYUAN TOURIST MART (GROUP) CO., LTD (company) — Group member
• YU JING INDUSTRIAL LTD (company) — Group member
• YUJING FASHION (BVI) LTD (company) — Group member
• SZE Mei Ming (person) — Contact person

FAQ

Key Financial Figures

• $0.000001 — of Issuer) Ordinary Shares, par value $0.000001 per share (Title of Class of Securiti

Filing Documents

• tm2411190d1_sc13da.htm (SC 13D/A) — 91KB
• 0001104659-24-044920.txt ( ) — 93KB

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer This Amendment is being filed to update the percentages of the Ordinary Shares beneficially owned by the Reporting Persons in connection with Fosun International mortgaging and charging additional 26,500,000 Ordinary Shares (the “Additional Charged Shares”), in favor of Meritz pursuant to the Meritz SBSA. The Additional Charged Shares were transferred from FFH to Fosun International, and not in connection with a disposition of any Ordinary Shares by the Reporting Persons. Section (a) and Section (b) of Item 5 of the Schedule 13D are hereby amended and restated in their entirety as follows: (a)-(b) The information contained on the cover pages to this Schedule 13D is incorporated herein by reference. Fosun International directly beneficially owns 56,671,565, or 39.08%, of the Ordinary Shares. FFH directly beneficially owns 22,311,415, or 15.38%, of the Ordinary Shares. Yujing Fashion directly beneficially owns 6,071,591, or 4.19%, of the Ordinary Shares. Yu Jing as the sole shareholder of Yujing Fashion, and Yuyuan as the sole shareholder of Yu Jing, may be deemed to have shared voting and dispositive power, and therefore, beneficial the indirect majority shareholder of Yujing Fashion may be deemed to have shared voting and dispositive power, and therefore, beneficial The filing of this Schedule 13D shall not be construed as an admission that the Reporting Persons are, for the purposes of Section 13(d) or 13(g) of the Exchange Act, the beneficial owners of the Ordinary Shares. (c)On December 14, 2023, February 5, 2024 and April 5, 2024, FFH transferred 5,171,565, 25,000,000 and 26,500,000 Ordinary Shares to Fosun International, respectively. Except as disclos

Contracts, Arrangements, Understandings or Relationships

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

of the Schedule 13D is hereby amended and supplemented by inserting

Item 6 of the Schedule 13D is hereby amended and supplemented by inserting the following: Pursuant to the Meritz SBSA and the Amended and Restated Relationship Agreement, Fosun International mortgaged and charged additional 26,500,000 Ordinary Shares in favor of Meritz on April 5, 2024. These additional charged shares will be deposited into the same secured securities account charged in favor of Meritz as the initial share charge pursuant to the Account Security Agreement. These additional charged shares were transferred from FFH to Fosun International.

Materials to be Filed as Exhibits

Item 7. Materials to be Filed as Exhibits Exhibit No. Description 99.1* Joint Filing Agreement, dated December 23, 2022, by and among the Reporting Persons. 99.2 Business Combination Agreement, dated as of March 23, 2022, by and among Primavera Capital Acquisition Corporation, Fosun Fashion Group (Cayman) Limited, Lanvin Group Holdings Limited, Lanvin Group Heritage I Limited and Lanvin Group Heritage II Limited (incorporated by reference to Exhibit 2.1 to the Registration Statement on Form F-4 (Reg. No. 333-266095), as amended, initially filed with the SEC on July 11, 2022). 99.3 Amendment No.1 to the Business Combination Agreement, dated as of October 17, 2022, by and among Primavera Capital Acquisition Corporation, Fosun Fashion Group (Cayman) Limited, Lanvin Group Holdings Limited, Lanvin Group Heritage I Limited and Lanvin Group Heritage II Limited (incorporated by reference to Exhibit 2.2 to the Registration Statement on Form F-4 (Reg. No. 333-266095), as amended, initially filed with the SEC on July 11, 2022). 99.4 Amendment No. 2 to the Business Combination Agreement, dated as of October 20, 2022, by and among Primavera Capital Acquisition Corporation, Fosun Fashion Group (Cayman) Limited, Lanvin Group Holdings Limited, Lanvin Group Heritage I Limited and Lanvin Group Heritage II Limited (incorporated by reference to Exhibit 2.3 to the Registration Statement on Form F-4 (Reg. No. 333-266095), as amended, initially filed with the SEC on July 11, 2022). 99.5 Amendment No. 3 to the Business Combination Agreement, dated as of October 28, 2022, by and among Primavera Capital Acquisition Corporation, Fosun Fashion Group (Cayman) Limited, Lanvin Group Holdings Limited, Lanvin Group Heritage I Limited and Lanvin Group Heritage II Limited (incorporated by reference to Exhibit 2.4 to the Registration Statement on Form F-4 (Reg. No. 333-266095), as amended, initially filed with the SEC on July 11, 2022). 99.6 Amendment No. 4 to the Business Combi

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: April 9, 2024 Fosun International Limited By: /s/ SZE Mei Ming Name: SZE Mei Ming Title: Company Secretary Fosun Fashion Holdings (Cayman) Limited By: /s/ ZOU Chao Name: ZOU Chao Title: Director Yujing Fashion (BVI) Limited By: /s/ WANG Zunxiang Name: WANG Zunxiang Title: Director Yu Jing Industrial Limited By: /s/ ZOU Chao Name: ZOU Chao Title: Director Shanghai Yuyuan Tourist Mart (Group) Co., Ltd By: /s/ HUANG Zhen Name: HUANG Zhen Title: Director

View Full Filing

View this SC 13D/A filing on SEC EDGAR