Gerard Lopez, an investor in SAD do Boavista, has owned 50.78% of the company’s share capital since 28 July last year. According to available documents, the acquisition disclosed this Thursday refers to an increase in ownership that prompted CMVM to force the Luxembourgian promote a public offer of purchase (OPA) about GARDEN of panthers.
The businessman who controls SAD axadrezada through the Jogo Bonito group, a company in which he owns 88 percent of the share capital, acquired at the end of July 1,279,596 shares (36.56 percent) of Boavista Clube and 497,704 shares (14.22 percent). ) of BFC Investimentos. Thanks to this operation, Boavista Clube now owns only 10 percent of SAD’s share capital (350,000 Class A shares). It should be noted that the shares sold by the club become Category B shares, but if the chess players buy them back in the future, they are automatically converted into Category A shares, which gives, among other things, veto power.
Following the disclosure of the acquisition in a “proprietary document” and with Gerard Lopez as majority shareholder, according to information previously provided to CMVM, the entrepreneur will now have to launch OPA.
