The CNMV Pescanova log shows two major shareholders sold
The regulatory body based its decision on the irregularities in the registration
An Icelandic and a Portuguese firm accounted for 10.05% of the company
The two companies are still in the 'web' of fishing as holders of that part
La CNMV saca del registro de Pescanova a dos grandes accionistas que vendieron
El organismo regulador basa su decisión en las irregularidades observadas en el registro
Una firma islandesa y otra portuguesa sumaban el 10,05% de la compañía
Las dos firmas aparecen todavía en la ‘web’ de la pesquera como titulares de esa parte
El País / EP Madrid 5 JUN 2013 - 21:06 CET
The CNMV Pescanova log shows two major shareholders sold
The regulatory body based its decision on the irregularities in the registration
An Icelandic and a Portuguese firm accounted for 10.05% of the company
The two companies are still in the 'web' of fishing as holders of that part
The Country / EP Madrid 5 JUN 2013 - 21:06 CET
The shareholders and the board of directors of Pescanova seemed stable. The inputs and outputs are followed for years with dropper. Or so it seemed. Because since the company filed for creditor preconcurso March 1 records in the National Securities Market Commission (CNMV) have continued to mutate. The latest changes are low shareholder of FBA-The Icelandic Investment Bank and International Trade Alquiere-two firms that allegedly controlled 10% of the fish (5% each) but apparently long since changed their participation in signature without communicating.
morePescanova hid losses for yearsThe hidden network Pescanova SousaThe judge accused the president of Pescanova and part of the domeSousa pocketed by selling 31.5 million shares
The National Securities Market Commission (CNMV) has agreed to terminate in Pescanova shares of the two companies-one Portuguese and one Icelandic. Icelandic society was held by the May 19, 2000 of a package of 500,000 shares of the company from Galicia, while the Portuguese had, on June 28, 1994, a total of 325 123 titles, as recorded in the records of the CNMV . Both shares would be valued at 4.87 million euros by the last marked price before the suspension, which was 5.91 euros per share.
Specifically, the CNMV received last April 15 a letter sent by Cesar Mata, as secretary of the board of directors of Pescanova, in which he warned of the existence of inaccuracies in the Register of Significant supervisory body in the two companies, one based in Reykjavik and another in Funchal (Madeira), listed as shareholders. Both data points to the writing of the Galician company, were outdated, since as contained in the file X-25 issued by Iberclear, to the general meeting of shareholders held Pescanova April 13, 2012, both companies are Galician company shareholders.
Following the information provided by Pescanova, the CNMV sent two letters, dated April 19 and May 7 of this year, to each of the companies for the period of ten to five days, respectively, to regularize their situation or put express its disagreement with the inaccuracies appreciated. Once the deadline for submissions without having received any communication, the CNMV has decided to cancel, dated yesterday, the two companies, although this situation means an alteration of their legal position.
The funny thing is that the company, which warned in April, in paragraph aimed at investors of their own website, yet claimed Wednesday that the two companies have 10% of its shares.
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