Seb International 3.46 billion overweight Supor 20% stake

Supor (002032) today disclosed that the company's controlling shareholder Seb Internationale S.a.s. (Seb International) signed the Strategic Investment programme, which is intended to make strategic investments to the company through some Suzenfo shares held by the Supor Group Limited and Supor. It is reported that Seb International to transfer by way of agreement, increased Supor 20% of the shares, the transfer price of 30 yuan/share, the total amount of transfer over 3.46 billion yuan.　　Supor yesterday's closing price of 26.40 Yuan, up 9.09%, still lower than the above acquisition prices. February 16, 2011, Seb International and the company's second largest shareholder Supor group and the company's third largest shareholder Suzenfo signed the agreement on the transfer of shares, the Supor group will hold its 70.225 million shares of Supor shares to SEB International, accounting for Supor of the existing total share of 12.17% Suzenfo 45.225 million shares of Supor shares to SEB International, accounting for 7.83% of Supor's existing total equity. After the transfer of the agreement, SEB International will hold 410 million shares of Supor shares, accounting for 71.31% of the total issued share capital of Supor.　　The Supor group has lowered its share of Supor Holdings to 11.76%; Suzenfo will no longer hold Supor shares. According to reports, Seb International is the SEB S.A. (SEB Group) a wholly-owned subsidiary. The SEB Group has been listed in the Pan-European Securities Exchange market and is a global leader in the field of small household equipment and operates in nearly 150 countries with its superior brand portfolio.　　The group's combined revenues amounted to € 3.652 billion in 2010, up 9.6% from a year earlier, with about 23,000 employees worldwide. In fact, as early as January 2008, SEB International has held a 51.31% stake in Supor by way of agreement transfer, directional issuance and takeover. Supor said that in the past three years, the original holding shareholder of the Sioux clan and Supor Group and SEB International cooperation has been fruitful, so that the company's Supor brand in China's sales growth, the annual growth rate of more than 20%.　　This results from the knowledge of the Supor team, the contribution of SEB's new products and technology, and the combination of two corporate marketing and marketing cultures. The SEB Group undertakes to retain at least 25% of Supor's existing or any future total equity for a period of 10 years from the date of delivery.