Lalique Group to enter into strategic partnership focusing on Far Eastern markets

Zurich, 7 November 2017 – Lalique Group SA (BX: LLQ), a Swiss listed company active in the creation, development, marketing and worldwide distribution of luxury goods, has signed a partnership agreement with Hong Kong-based Damian Limited, representing high-profile Chinese entrepreneurs, with a view to boost Lalique’s business in Far Eastern markets. As part of the agreement, Lalique Group will propose to its shareholders the launch of a rights issue relating to 997,300 new shares, of which Damian Limited has agreed to subscribe to 380,000 shares for an amount of CHF 11.4 million. Damian Limited has also agreed to invest a further EUR 10.0 million in a joint venture with Lalique’s business in China.