Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
- Peter Lynch
What is insider trading>>
|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
|
Lanvin Group Holdings Limited (Name of Issuer) |
Ordinary Shares, par value $0.000001 per share (Title of Class of Securities) |
G5380J100 (CUSIP Number) |
SZE Mei Ming Room 808, ICBC Tower,, 3 Garden Road, Central Hong Kong, K3, 00000 852-2509-3228 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
06/27/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
|
| CUSIP No. | G5380J100 |
| 1 |
Name of reporting person
Fosun International Limited | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
HONG KONG
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
90,334,215.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
71.92 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person:
Rows 8 and 10: Includes (i) 18,811,415 ordinary shares, par value $0.000001 per share ("Ordinary Shares") held by Fosun Fashion Holdings (Cayman) Limited and (ii) 6,071,591 Ordinary Shares held by Yujing Fashion (BVI) Limited. Fosun Fashion Holdings (Cayman) Limited is wholly owned by Fosun International Limited (HKSE Stock Code: 00656). Yujing Fashion (BVI) Limited is wholly owned by Yu Jing Industrial Limited, which is in turn wholly owned by Shanghai Yuyuan Tourist Mart (Group) Co., Ltd (SSE Stock Code: 600655). Shanghai Yuyuan Tourist Mart (Group) Co., Ltd (SSE Stock Code: 600655) is majority owned by Fosun International Limited (HKSE Stock Code: 00656) indirectly through a number of intermediate subsidiaries. Row 11: Includes (i) 65,451,209 Ordinary Shares held by Fosun International Limited, (ii) 18,811,415 Ordinary Shares held by Fosun Fashion Holdings (Cayman) Limited and (iii) 6,071,591 Ordinary Shares held by Yujing Fashion (BVI) Limited. Row 13: Based on 125,595,914 Ordinary Shares of the Issuer outstanding as of June 27, 2025, as determined based on the records of the Issuer.
SCHEDULE 13D
|
| CUSIP No. | G5380J100 |
| 1 |
Name of reporting person
Fosun Fashion Holdings (Cayman) Limited | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC, OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
CAYMAN ISLANDS
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
18,811,415.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
14.98 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person:
Row 13: Based on 125,595,914 Ordinary Shares of the Issuer outstanding as of June 27, 2025, as determined based on the records of the Issuer.
SCHEDULE 13D
|
| CUSIP No. | G5380J100 |
| 1 |
Name of reporting person
Yujing Fashion (BVI) Limited | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
VIRGIN ISLANDS, BRITISH
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
6,071,591.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
4.83 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person:
Rows 8, 10 and 11: Represents 6,071,591 Ordinary Shares held by Yujing Fashion (BVI) Limited. Yujing Fashion (BVI) Limited is wholly owned by Yu Jing Industrial Limited, which is in turn wholly owned by Shanghai Yuyuan Tourist Mart (Group) Co., Ltd (SSE Stock Code: 600655). Shanghai Yuyuan Tourist Mart (Group) Co., Ltd (SSE Stock Code: 600655) is majority owned by Fosun International Limited (HKSE Stock Code: 00656) indirectly through a number of intermediate subsidiaries. Row 13: Based on 125,595,914 Ordinary Shares of the Issuer outstanding as of June 27, 2025, as determined based on the records of the Issuer.
SCHEDULE 13D
|
| CUSIP No. | G5380J100 |
| 1 |
Name of reporting person
Shanghai Yuyuan Tourist Mart (Group) Co., Ltd | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
CHINA
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
6,071,591.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
4.83 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person:
Rows 8, 10 and 11: Represents 6,071,591 Ordinary Shares held by Yujing Fashion (BVI) Limited. Yujing Fashion (BVI) Limited is wholly owned by Yu Jing Industrial Limited, which is in turn wholly owned by Shanghai Yuyuan Tourist Mart (Group) Co., Ltd (SSE Stock Code: 600655). Shanghai Yuyuan Tourist Mart (Group) Co., Ltd (SSE Stock Code: 600655) is majority owned by Fosun International Limited (HKSE Stock Code: 00656) indirectly through a number of intermediate subsidiaries. Row 13: Based on 125,595,914 Ordinary Shares of the Issuer outstanding as of June 27, 2025, as determined based on the records of the Issuer.
SCHEDULE 13D
|
| CUSIP No. | G5380J100 |
| 1 |
Name of reporting person
Yu Jing Industrial Limited | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
HONG KONG
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
6,071,591.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
4.83 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person:
Rows 8, 10 and 11: Represents 6,071,591 Ordinary Shares held by Yujing Fashion (BVI) Limited. Yujing Fashion (BVI) Limited is wholly owned by Yu Jing Industrial Limited, which is in turn wholly owned by Shanghai Yuyuan Tourist Mart (Group) Co., Ltd (SSE Stock Code: 600655). Shanghai Yuyuan Tourist Mart (Group) Co., Ltd (SSE Stock Code: 600655) is majority owned by Fosun International Limited (HKSE Stock Code: 00656) indirectly through a number of intermediate subsidiaries. Row 13: Based on 125,595,914 Ordinary Shares of the Issuer outstanding as of June 27, 2025, as determined based on the records of the Issuer.
SCHEDULE 13D
|
| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Ordinary Shares, par value $0.000001 per share | |
| (b) | Name of Issuer:
Lanvin Group Holdings Limited | |
| (c) | Address of Issuer's Principal Executive Offices:
4F, 168 Jiujiang Road, CARLOWITZ & CO, Huangpu District, Shanghai,
CHINA
, 200001. | |
Item 1 Comment:
This Amendment No. 6 (this "Amendment"), jointly filed on behalf of Fosun International Limited ("Fosun International"), Fosun Fashion Holdings (Cayman) Limited ("FFH"), Yujing Fashion (BVI) Limited ("Yujing Fashion"), Yu Jing Industrial Limited ("Yu Jing") and Shanghai Yuyuan Tourist Mart (Group) Co., Ltd ("Yuyuan" and, together with Fosun International, FFH, Yujing Fashion and Yu Jing, the "Reporting Persons" and each a "Reporting Person"), relates to the ordinary shares, par value $0.000001 per share (the "Ordinary Shares") of Lanvin Group Holdings Limited (the "Issuer"), and amends and supplements the Schedule 13D filed by the Reporting Persons on December 23, 2022 with the SEC, as amended by Amendment No. 1 filed by the Reporting Persons on December 18, 2023, Amendment No. 2 filed by the Reporting Persons on February 7, 2024, Amendment No. 3 filed by the Reporting Persons on April 9, 2024, as amended by Amendment No. 4 filed by the Reporting Persons on June 17, 2024 and as further amended by Amendment No. 5 filed by the Reporting Persons on August 6, 2024 (the "Schedule 13D"). Capitalized terms used but not defined in this Amendment shall have the meanings assigned to such terms in the Schedule 13D. Unless specifically amended hereby, the disclosure set forth in the Schedule 13D remains unchanged. | ||
| Item 2. | Identity and Background | |
| (a) | The name, residence or business address, present principal occupation and country of citizenship of each director and executive officer of Fosun International and Yuyuan included in Section (a) of Item 2 of the Schedule 13D are hereby amended and restated in their entirety as set forth below: Fosun International Name Residence or Business Address Present Principal Occupation and Employment Citizenship GUO Guangchang Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Executive Director and Chairman of Fosun International Hong Kong, China WANG Qunbin Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Executive Director and Co-Chairman of Fosun International Hong Kong, China CHEN Qiyu Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Executive Director and Co-Chief Executive Officer of Fosun International China XU Xiaoliang Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Executive Director and Co-Chief Executive Officer of Fosun International China GONG Ping Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Executive Director, Executive President and Chief Financial Officer of Fosun International China HUANG Zhen Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Executive Director and Executive President of Fosun International China PAN Donghui Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Executive Director, Executive President and Chief Human Resources Officer of Fosun International Hong Kong, China LUO Yuanli Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Non-executive Director of Fosun International China LI Shupei Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Non-executive Director of Fosun International China LI Fuhua Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Non-executive Director of Fosun International China ZHANG Shengman Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Independent Non-executive Director of Fosun International Hong Kong, China ZHANG Huaqiao Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Independent Non-executive Director of Fosun International Hong Kong, China David T. ZHANG Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Independent Non-executive Director of Fosun International Hong Kong, China LEE Kai-Fu Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Independent Non-executive Director of Fosun International Republic of China TSANG King Suen Katherine Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong Independent Non-executive Director of Fosun International Hong Kong, China Yuyuan Name Residence or Business Address Present Principal Occupation and Employment Citizenship HUANG Zhen Fuxing Rd East 2, Shanghai, 200010, China Chairman of Yuyuan China WANG Jiping F11, Tower S2, No.600 Zhongshan No.2 Road(E), Shanghai, China Co-Chairman of Yuyuan China SHI Kun Fuxing Rd East 2, Shanghai, 200010, China Co-Chairman of Yuyuan China ZHU Lixin Fuxing Rd East 2, Shanghai,200010, China Vice Chairman of Yuyuan China NI Qiang Fuxing Rd East 2, Shanghai,200010, China Vice Chairman of Yuyuan China XU Xiaoliang Tower S2, No.600 Zhongshan No.2 Road(E), Shanghai, China Director of Yuyuan China HAO Yuming Tower S2, No.600 Zhongshan No.2 Road(E), Shanghai,China Director of Yuyuan China LI Zhiqiang Fuxing Rd East 2, Shanghai, 200010, China Director of Yuyuan China YE Lelei Fuxing Rd East 2, Shanghai, 200010, China Independent Director of Yuyuan China NI Jing Fuxing Rd East 2, Shanghai, 200010, China Independent Director of Yuyuan China SUN Yan Fuxing Rd East 2, Shanghai, 200010, China Independent Director of Yuyuan China SONG Hang Fuxing Rd East 2, Shanghai, 200010, China Independent Director of Yuyuan China ZHOU Wenyi Fuxing Rd East 2, Shanghai, 200010, China Chairman of the Supervisory Committee of Yuyuan China XU Jun Fuxing Rd East 2, Shanghai, 200010, China Supervisor of Yuyuan China YU Lin Fuxing Rd East 2, Shanghai, 200010, China Employee Supervisor of Yuyuan China QIAN Shunjiang Fuxing Rd East 2, Shanghai, 200010, China President of Yuyuan China ZHANG Jian Fuxing Rd East 2, Shanghai, 200010, China President of Yuyuan China ZOU Chao Fuxing Rd East 2, Shanghai, 200010, China Executive President and Chief Financial Officer of Yuyuan China ZHOU Bo Fuxing Rd East 2, Shanghai, 200010, China Executive President of Yuyuan China CHEN Yihang Fuxing Rd East 2, Shanghai, 200010, China Executive President of Yuyuan China MAO Xianghua Fuxing Rd East 2, Shanghai, 200010, China Executive President of Yuyuan China WANG Jin Fuxing Rd East 2, Shanghai, 200010, China Vice President and Board Secretary of Yuyuan China HU Junjie Fuxing Rd East 2, Shanghai, 200010, China Vice President of Yuyuan China WU Yifei Fuxing Rd East 2, Shanghai, 200010, China Vice President of Yuyuan China MENG Lingyuan Fuxing Rd East 2, Shanghai, 200010, China Vice President of Yuyuan China ZUO Mozhi Fuxing Rd East 2, Shanghai, 200010, China Vice President of Yuyuan China CHEN Xiaoyan Fuxing Rd East 2, Shanghai,200010, China Vice President of Yuyuan China | |
| (d) | During the last five years, none of the Reporting Persons, and, to the Reporting Persons' knowledge, none of the Covered Persons, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). | |
| (e) | During the last five years, none of the Reporting Persons, and, to the Reporting Persons' knowledge, none of the Covered Persons, has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction such that, as a result of such proceeding, such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. | |
| Item 4. | Purpose of Transaction | |
Item 4 of the Schedule 13D is hereby amended and supplemented by incorporating by reference therein the information set forth in Item 6 of this Amendment. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (a) | This Amendment is being filed to update the percentages of the Ordinary Shares beneficially owned by the Reporting Persons due to reverse dilution caused by the Issuer's repurchase of 13,804,733 Ordinary Shares from Meritz Securities Co., Ltd. ("Meritz"), an institutional investor, pursuant to a share buyback agreement, dated as of June 27, 2025, by and between the Issuer and Meritz (the "2025 Meritz SBA"), 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 65,451,209, or 52.11%, of the Ordinary Shares. FFH directly beneficially owns 18,811,415, or 14.98%, of the Ordinary Shares. Yujing Fashion directly beneficially owns 6,071,591, or 4.83%, 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 ownership, over the 6,071,591 Ordinary Shares owned directly by Yujing Fashion. Fosun International as the sole shareholder of FFH and the indirect majority shareholder of Yujing Fashion may be deemed to have shared voting and dispositive power, and therefore, beneficial ownership, over the 18,811,415 and 6,071,591 Ordinary Shares owned directly by FFH and Yujing Fashion, respectively. 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) | None of the Reporting Persons has effected and, to the best knowledge of the Reporting Persons, none of the Covered Persons has effected any transactions in the Ordinary Shares since the most recent filing of the Schedule 13D on August 6, 2024. | |
| (d) | Except as disclosed herein, no other person is known to have the right to receive, or the power to direct the receipt of dividends from, the proceeds from the sale of the Ordinary Shares to which this Schedule 13D relates. | |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer | |
Item 6 of the Schedule 13D is hereby amended and supplemented by inserting the following: In connection with the consummation of the transactions contemplated under the 2025 Meritz SBA, Meritz sold and surrendered, and the Issuer repurchased from Meritz 13,804,733 Ordinary Shares for a price equal to EUR48.1 million (the "Repurchase Price") and (ii) the Issuer issued to Meritz a fixed rate 11.40% secured loan note (the "Loan Note") for a principal amount equal to the Repurchase Price. The foregoing descriptions of the 2025 Meritz SBA and Loan Note do not purport to be complete and are qualified in their entirety by reference to the, copies of which are filed as Exhibit 99.1and Exhibit 99.2 to the Issuer's current report on Form 6-K furnished to the SEC on July 1, 2025, respectively, which are incorporated herein by reference. | ||
| Item 7. | Material to be Filed as Exhibits. | |
99.15 Share Buyback Agreement, dated as of June 27, 2025, between Meritz Securities Co., Ltd. and Lanvin Group Holdings Limited https://www.sec.gov/Archives/edgar/data/1922097/000110465925064703/tm2519435d1_ex99-1.htm 99.16 Form of Certificate of Loan Note issued in Registered Form issued by Lanvin Group Holdings Limited on June 27, 2025. https://www.sec.gov/Archives/edgar/data/1922097/000110465925064703/tm2519435d1_ex99-2.htm | ||
| SIGNATURE | |
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.
|
|
|
|
|
|
|
|
|
|
|