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CMVM suspends SAD do Benfica and sees signs of violations

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CMVM suspends SAD do Benfica and sees signs of violations

The Portuguese Securities Market Commission has decided to suspend trading in Benfica SAD shares while it awaits information on possible deals to sell the incarnated company’s share capital.

“The Board of Directors of the Portuguese Securities Market Commission (CMVM) has decided in accordance with Article 214 and paragraph b) of paragraph 2 of Article 213 of the Portuguese Securities Code to suspend trading in Sport Lisboa e Benfica – Futebol SAD shares, to include information”, can be read in one of two communiqués released by CMVM on Monday morning.

In other information sent to the markets, CMVM claims that in recent days “signs of various irregularities” have been made public that may affect the company, raising doubts about its shareholding, so investigations are underway. …

“In particular, CMVM is requesting clarifications and, where appropriate, the provision of information to the market for Luis Filipe Vieira, José António dos Santos, John Textor, José Guilherme, Quinta de Jugais and Sport Lisboa e Benfica.” …

The Market Regulator advises that as a result of due diligence with shareholders and other interested parties, “there are share transfer agreements, the implications of which on the distribution of voting rights have not been communicated to the Marketplace”.

“Thus, there are doubts about the transparency of the aforementioned qualifying shareholdings and, in particular, regarding the current definition of Benfica SAD’s shareholder structure,” notes CMVM.

The same statement mentions that there are “strong indications” that the shareholder José Antonio dos Santos, one of the four holders of Operação Cartão Vermelho and the largest private shareholder of SAD do Benfica, has entered into debt agreements to buy and sell shares to other holders of the respective stakes. participation, which would increase their share from 16 to more than 20 percent. These contracts, if they come into force, would significantly reduce or eliminate the qualified participation of other shareholders, among which, it is said, the construction company José da Conceição Guilherme and Quinta dos Jugais, Lda.

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In addition, CMVM says there are “strong indications” that José António dos Santos has signed a sale and purchase agreement with US businessman John Textor to sell a 25 percent stake. This information has been circulated in the press over the past few days.

It is said that none of the transactions, even if they fall under the “suspension condition,” have been brought to the attention of the market.

“In these circumstances, given the failure to comply with the obligation to provide information on qualified holdings referred to in Article 16 of the Portuguese Securities Code, and the existence of reasonable doubts about the identity of the persons to whom they may be indicted, at this time, voting rights related to certain shareholdings in Benfica SAD, in accordance with the provisions of clause 1 of article 20 of the same Code, CMVM has already taken measures to restore the transparency of the said blocks of shares and hold violators accountable for violation of their rights. until transparency is fully restored, CMVM may decide to suspend the use of voting and equity rights inherent in the qualifying assets in question, ”justifies CMVM, which states that transparency is one of the“ core requirements. capital “and, the investigator however, it is necessary to provide the market with the information that the holders of the respective shareholdings or Benfica SAD were required to provide, even to another listed company in the market and at a time when there is a public offering on the subscription of outstanding bonds.

“CMVM will continue to monitor relevant developments that could affect Benfica SAD as a listed company, as well as an ongoing public offering of subscriptions to ensure that relevant information is available to the market by any appropriate means. or any surveillance intervention that proves necessary to adequately protect the integrity of the market and investors, ”he concludes.

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(updated article)

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BALL – Rangers legend: Goalkeeper dies after saying he had six months to live in May (Scotland)

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BALL - Rangers legend: Goalkeeper dies after saying he had six months to live in May (Scotland)

Misfortune knocked on Andy Goram’s door. The former Scottish goalkeeper passed away this Saturday at the age of 58 from esophageal cancer.

The ex-Rangers had already left a chilling score on May 30, when he explained Daily entry that the doctors gave him six months to live. However, the disease progressed faster than expected, and the guardian died about a month later.

Born in England and educated at Oldham, Andy Gorham experienced the best period of his career from 1991 to 1998 at Rangers. He won six titles and was even recognized by the fans as the best goalkeeper in the history of the club. He also had a spell at Manchester United (2001) in which he won the Premier League and made 43 caps for Scotland, starting in the 1992 and 1996 European Championships.

Gloves hung up, he still worked as a goalkeeping coach at minor clubs in Scotland such as BSC Glasgow, Dunfermline Athletic and the Airdreonians, from which he left in October 2016.

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Discussion at the airport control regarding the departure of Cristiano Ronaldo from Menorca

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Discussion at the airport control regarding the departure of Cristiano Ronaldo from Menorca



According to the local press, the security of the star entered into a heated skirmish with representatives of the airport.

Cristiano Ronaldo spent only one day in Menorca, but his short stay on this Spanish island was overshadowed by a small incident on the way to the island’s airport. According to the Menorca newspaper, as the Portuguese striker’s escorts were preparing to go through security in the space’s VIP area, there was a “bitter argument” between one of the CR7 guards and the airport authorities, which even led to the intervention of the Guardia Civil. According to the publication, which reports sources at the airport, it all happened when one of the attacker’s bodyguards walked past the control device and sounded the alarm. It was about the protection that he had on his finger, but since at that moment a woman was at the place for control, she asked to wait for the man to arrive in order to conduct a search. An element of the CR7 team did not like this, “he raised his voice, gesticulating furiously” before passing through security without proper body vision, although he was warned by officials that the Civil Guard would be called. Upon the arrival of the authorities, the situation was quickly rectified and Cristiano Ronaldo’s private jet took off half an hour late. According to the Menorca newspaper, Cristiano “watched the entire scene without participating, with the face of a few friends”.

By appointment


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BALL – Todd Boely era could start with a bang (Chelsea)

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BALL - Todd Boely era could start with a bang (Chelsea)

New Chelsea owner Todd Boly is set to open a consulate in London by signing a major deal. According to ESPNthe American businessman is exploring the possibility of bringing Neymar to Stamford Bridge and has already moved forward with the first contacts.

The Brazilian’s intention to leave PSG has been widely publicized, as well as the fact that he has Thiago Silva (with whom Neymar shares the dressing room in the Brazilian national team) and Thomas Tuchel in charge (who spent time at PSG from 2018 to 2021). year). ) help entice a 30 year old extreme. The only question is the scale of the operation, as PSG spent 222 million euros in 2017 and intend to recoup some of the money spent on a world record transfer.

If confirmed, it would be a paradigm shift for Roman Abramovich, who took over the reins of the club in 2003. If it is true that the Russian oligarch invested heavily in the Chelsea team during his time at the club, his consulate began by hiring two goalkeepers at…zero cost. Austrian Jürgen Macho and Italy’s Marco Ambrosio arrived at Stamford Bridge on the same day as Abramovich, but they can hardly be counted among the most influential members of the team, as they played eight matches together.

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