Butler Hall Capital LLC has issued an open letter to L’Occitane’s board of directors regarding the opportunity to maximize shareholder value through a relisting

| Source: Butler Hall Capital, LLC Butler Hall Capital, LLC

Believes Relisting Shares to a U.S. Exchange Would Unlock Significant Value as Business Fundamentals Support a Share Price of HK$45 to HK$70

Believes Sol de Janeiro Alone Could be Worth HK$40+ Per Share

LOS ANGELES, Feb. 06, 2024 (GLOBE NEWSWIRE) -- A fund managed by Butler Hall Capital LLC, with current ownership of 1.5mm shares of L’Occitane International (“L’Occitane” or the “Company”), has issued an open letter to the Company’s board of directors regarding the potential bid for L’Occitane.

A full copy of the letter to the board and a supporting presentation are attached below and are available at:

http://ml.globenewswire.com/Resource/Download/edbd29a5-02a9-4aa2-a371-6ea58d01ee52

http://ml.globenewswire.com/Resource/Download/d1fe56e0-43a5-4b0b-9b35-7c030f69d976

 

            








        

            


                

                    
Attachments

                    

                                
                                    
                                        Board of Directors Supporting Presentation
                                    
                                    
                                
                                
                                    
                                        L'Occitane Letter to the Board
                                    
                                    
                                

                    

                


        




        

            

            
Contact Data