| Year | Listed and traded | Compagnie Financière Richemont SA, Switzerland | Richemont SA, Luxembourg |
|---|---|---|---|
| 1988 | Initial listing 522 000 ‘A’ bearer twinned units comprising: |
522 000 ‘A’ bearer shares of CHF 1 000 each |
522 000 bearer participation certificates |
| 1992 | 10:1 split 5 220 000 ‘A’ bearer twinned units comprising: |
5 220 000 ‘A’ bearer shares of CHF 100 each |
5 220 000 bearer participation certificates |
| 2001 | 100:1 split 522 000 000 ‘A’ bearer twinned units comprising: |
522 000 000 ‘A’ bearer shares of CHF 1 each |
522 000 000 bearer participation certificates |
| 2008 | Group restructuring * 522 000 000 ‘A’ bearer shares comprising: |
522 000 000 ‘A’ bearer shares of CHF 1 each |
- |
* The Group restructuring in 2008 saw the separation of the Group’s non-luxury goods interests, primarily its shareholding in British American Tobacco plc, from its luxury goods interests. The de-twinning of the bearer shares and participation certificates was an integral part of the separation process, with the participation certificates becoming shares in Reinet Investments S.C.A., a separate public company listed on the Luxembourg stock exchange. Since October 2008, Richemont has therefore been a focused luxury goods group.
The splits and restructuring noted above equally impacted the unlisted ‘B’ shares (formerly twinned units) in Compagnie Financière Richemont SA, Switzerland. There are currently 522 000 000 ‘B’ bearer shares of CHF 0.10 each in issue.