Thank-you for your patience in digging it up
VC did a very attractive Gen II OS chronograph for Pisa and this is another winner. I wonder if they were inspired by the 2007 launch edition of the Historiques 1907 Chronometre Royal wristwatch? FWIW, red numerals have some historical context as well; a feature of pocket chronographs V&C made for Buenos Aires jewellers L & E Fabre.