Group structure and significant shareholders
The Group’s luxury goods businesses are reported within: (i) Jewellery Maisons; (ii) Specialist Watchmakers; and (iii) Other Businesses. Each of the Maisons in the Group enjoys a high degree of autonomy, with its own management group under a chief executive officer. To complement those businesses, the Group has established central functions and a regional structure around the world to provide central controlling and support services in terms of distribution, finance, legal, IT, and administration services.
As at 31 March 2018, Compagnie Financière Rupert is the only significant shareholder (3 per cent or more of the voting rights). As at 31 March 2018, there were no other significant shareholders in the Company, i.e. with at least 3% of the voting rights.
Compagnie Financière Rupert
Compagnie Financière Rupert, a Swiss partnership limited by shares, holds 522 000 000 Richemont ‘B’ registered shares representing 9.1% of the equity of the Company and controlling 50% of the Company’s voting rights. Mr Johann Rupert, Chairman of Richemont, is the sole General Managing Partner of Compagnie Financière Rupert. Mr Ruggero Magnoni, a non-executive director of the Company, and Prof Juergen Schrempp, are partners of Compagnie Financière Rupert.
Richemont does not hold an interest in any company which is itself a shareholder in the Group.