General Announcement::Sale of all SG ownership interests in Lyxor group

Issuer & Securities

Issuer/ Manager
SG SECURITIES (HK) LIMITED
Securities
LYXOR ETF MSCI INDIA 10 - FR0010375766 - G1N
LYXOR ETF MSCI EMERGING MKT 10 - FR0010435297 - H1N
LYXOR ASIA 10 - LU1900068674 - P60
LYXOR CHINA ESG - LU1900069136 - P58
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
01-Dec-2021 19:01:55
Status
New
Announcement Sub Title
Sale of all SG ownership interests in Lyxor group
Announcement Reference
SG211201OTHROQAD
Submitted By (Co./ Ind. Name)
Lyxor Group
Designation
Lyxor Group
Description (Please provide a detailed description of the event in the box below)
Societe Generale S.A. (SG) is currently the parent company of the Lyxor group. In June 2021, SG and Amundi Asset Management (Amundi) entered into an agreement (the Agreement) regarding the sale of all SG ownership interests in Lyxor Asset Management S.A.S., Lyxor International Asset Management S.A.S. and consequently the indirect subsidiaries and branches of Lyxor1 (the Transaction). Subject to conditions precedents, notably the authorization from the relevant regulatory authorities, the Transaction is expected to close on or about December 31, 2021 (the Closing Date), and no later than February 28, 2022.

After the Closing Date, there will be no change for existing funds (including the Funds) managed by Lyxor entities. Lyxor Asset Management S.A.S, Lyxor International Asset Management S.A.S, Lyxor Fund Solutions S.A. will continue to provide the highest quality of management for these funds.

Attachments

Amundi Information notice_FINAL 20211201.pdf
Total size =122K