Arc Management SAS agreed to acquire 6.65% stake in GROUPE SFPI SA (ENXTPA:SFPI) form Spring Management for ?15.3 million on December 20, 2023. The acquisition is at price of ?2.50 per share. As a result of these acquisitions (i) Henri Morel would therefore hold, directly and indirectly through ARC Management which he controls, 57.52% of the capital and 67.52% of the theoretical voting rights of SFPI Group, and (ii) Crédit Mutuel Equity and BNP Paribas Développement would hold respectively 10.00% and 4.00% of the capital and 10.80% and 3.72% of the theoretical voting rights of SFPI Group.

Arc Management of the funds required for the acquisition under a bank loan. This acquisition will be completed early February 2024.