Jose Antonio dos Santos told Benfica on Tuesday that he has an agreement with John Textor to sell 25 percent of the share capital of SAD dos Incardos, and the American businessman has already provided a million euros for this purpose. In a statement to the Portuguese Securities Market Commission (CMVM), the eagles claim that on Monday and yesterday they received information from an American businessman and the King of Chickens about the signing of an agreement to sell the latter. … percentage of society.

06/16/2021 [José António dos Santos] signed two agreements with John C. Textor for the sale of a total of 5,750,000 ordinary, uncertified and registered shares representing 25% of the share capital of Benfica SAD, subject to payment by 15.09.2021 of the total agreed price after being deposited into an escrow account in the amount of € 1,000,000.00 (one million euros) ”can be read in the note sent to the regulator. In other words, an agreement was concluded with Textor from June 16, as the latter has already contributed one million euros as an initial contribution and will have to transfer the remaining 49 million euros by September 15 – this should amount to the mentioned value of 50 million euros. José António dos Santos’ message Benfica has strengthened its shareholder position in SAD since April by signing bills of exchange purchase and sale agreements with two other companies: Quinta de Jugais (2%) and José Guilherme (3.65%). In both cases, “depending on the completion of the purchase of shares required for subsequent sale to a third party, in an amount corresponding to 25% of the authorized capital of this company.”

Following these two purchases from these two shareholders, José António dos Santos owned approximately 20.40% of SAD’s capital, as can be seen from the King of Chicken message sent to Benfica, where he also guarantees that “if it were to collect the required number of shares, and in the event of the execution of the sales contract, John Textor completely disposes of its shareholder position in Benfica SAD. “

It should be noted that Luis Filipe Vieira is another large individual shareholder in SAD with a 3.28% stake. When added to the share held by José Antonio dos Santos (20.40%), the total share thus approaches the 25% agreed for the sale of Textor. According to the order of the prosecutor’s office, the intention of the now former President Benfica was sell 25% of SAD with a profit of 30 million euros…

Read Benfica’s press release for CMVM:

Sport Lisboa e Benfica – Futebol, SAD (“Benfica SAD”) hereby informs that:

(i) received yesterday, 12 July 2021, a Notice of Eligible Participation (attached) from Mr John Textor under which this gives rise to agreements that will give Mr John Textor the right to acquire Mr José António dos Santos shares representing 25% of the share capital of Benfica SAD, although the acquisition is subject to certain conditions;

(ii) received this afternoon, 13 July 2021, the following message from the shareholder José António dos Santos: “José António dos Santos, married, born in Miragaia, municipality of Lorignan, holder of ID No. 1071712 9, issued 03/03/12 … 14/2003, by the Civil Identification Service of the General Directorate of Registers and Notaries, valid for life, holder of tax identification number 110068920 and business address: Avibom Building, Vila Facaia, 2565-642 Ramalhal informa, under the conditions and for the purposes of Articles 16 and 20 of the Code securities of Portugal and Article 2 of CMVM Regulation No. 5/2008, which:

a) As of this date – and as a result of the acquisitions it has made in the market – it directly owns a total of 3,143,942 ordinary, uncertified and registered shares, which is approximately 13.67% of the share capital. of Sport. Lisboa e Benfica – Futebol SAD (“Benfica SAD”), and which correspond to an equal percentage of voting rights in the said public company;

b) Grupo Valouro – SGPS SA (legal entity registered in the Commercial Register of Lorignan under the unique registration and identification number of the legal entity 502500280, headquartered in Casais do Araujo, union of the parishes of Miragia and Marteleira, municipality of de Lurignan. with the statutory capital of 100,000,000 euros, already fully subscribed and paid up), of which he is a shareholder (directly or indirectly owns 23.335% of the corresponding share capital) and where he acts as Chairman of the Board of Directors, owns 450,000 ordinary, uncertificated and registered shares, which is 1, 9565% of the share capital of Benfica SAD, which corresponds to an equal percentage of voting rights in the said public company;

c) Avibom company – Avícola SA (legal entity registered in the Commercial Register of Lorignan under a single registration number and identification number 503742732, headquartered in Casaís do Araujo, union of the parishes of Miragia and Marteleira, municipality of Lorignan, with a share capital in EUR 4,500,000, already fully subscribed and paid), of which Grupo Valouro – SGPS SA is the sole shareholder, owns 172,166 ordinary, uncertified and registered shares, which is 0.7485% of the share capital of Benfica SAD, which corresponds to an equal percentage of voting rights in the aforementioned public company;

d) Rações Valouro SA (legal entity registered in the Commercial Register of Lorignan under a unique registration number and identification number 500658021, headquartered in Casaïs do Araujo, union of the parishes of Miragia and Marteleira, municipality of Lorignan, with a registered capital of 9 330 170 euros, already fully subscribed and paid), of which Grupo Valouro – SGPS SA is the majority shareholder, owns 470 ordinary, uncertified and registered shares, which is 0.002% of the share capital of Benfica SAD, which corresponds to an equal percentage of voting rights in the said public company;

e) In accordance with the provisions of paragraph 1 of Article 20, al. e), subal. i) of the Securities Code, “when calculating qualifying interests, in addition to those inherent in shares held by a participant or an usufructuary, voting rights: (…) e) which a participant may acquire by virtue of an agreement entered into. with the relevant holders or the financial instrument: i) It gives them an unconditional right or option to acquire by virtue of a binding agreement voting shares already issued by an issuer whose shares are admitted to trading on a regulated market. “(our emphasis)

f) On April 26, 2021, the declarant concluded with the company Quinta de Jugais – Comércio de Produtos Alimentares Ltd. a long-term sale and purchase agreement for 460,926 ordinary, uncertified and registered shares, which is approximately 2.00% of the share capital of Benfica SAD, subject to the completion of the purchase of shares required for subsequent sale to a third party, a batch of shares corresponding to 25% of the share capital of this company;

g) On 28 April 2021, the declarant entered into a long-term sale and purchase agreement with José da Conceição Guilherme for 856,900 ordinary, uncertificated and registered shares, representing approximately 3.65% of the share capital of Benfica SAD, subject to the completion of the purchase of the shares required for the subsequent sale to a third party, a block of shares constituting 25% of the authorized capital of this company;

h) On 16 June 2021, the applicant entered into two agreements with John K. Textor for the sale of a total of 5,750,000 ordinary, uncertified and registered shares constituting 25% of Benfica SAD’s share capital, subject to payment. by the date 15.09.2021, from the agreed total price already credited to the escrow account, an amount of EUR 1,000,000.00 (one million EUR);

i) On 30.06.2021 the declarant concluded with the company Quinta de Jugais – Comércio de Produtos Alimentares Ltd. a new sale and purchase agreement for 230,000 common, uncertified and registered shares, representing approximately 1.00%. the authorized capital of Benfica SAD, subject to the completion of the purchase of shares required for subsequent sale to a third party, a batch of shares corresponding to 25% of the authorized capital of this company;

j) Subject to the foregoing, and if the conditions stipulated in the aforementioned purchase agreements were met, the declarant will directly hold a total of 4,691,768 ordinary, uncertified and registered shares, which is approximately 20.40% of Benfica’s share capital. GARDEN;

k) If the declarant were to collect the required number of shares and the sale agreement was signed, in accordance with the agreements provided on 16.06.2021, he would completely sell his shareholder position in Benfica SAD, no longer holding any representative shares. in the authorized capital of this company. ”

Notwithstanding and without prejudice to the possible assignment of the following voting rights to persons or organizations that are in any relevant relationship in accordance with the provisions of Article 20 of the Portuguese Securities Code with Mr José Antonio dos Santos or any of the Valouro Group companies: SGPS, SA, Avibom – Avícola, SA or Rações Valouro, SA, from the statement (reproduced in full above) received from Mr José António dos Santos, Benfica SAD understands that: (i) to Mr José António dos Santos they are, by virtue of what is defined in subparagraphs a), f), g) – in accordance with this subparagraph, the voting rights inherent in shares constituting 3.7257% of the share capital of Benfica SAD, and not approximately 3.65%, as indicated in the statement on José Antonio dos Santos – and i) above, the attributable voting rights attributable to the shares constituting 20.399% of the share capital of Benfica SAD; (ii) Grupo Valouro – SGPS, SA, by virtue of what is stated in subparagraph b) above, has the voting rights inherent in shares of 1.9565% of the share capital of Benfica SAD; (iii) Avibom – Avícola, SA, by virtue of what is defined in subparagraph c) above, has the attributable voting rights attributable to shares representing 0.7485% of the share capital of Benfica SAD; and (iv) Rações Valouro, SA, by virtue of what is defined in subparagraph d) above, is the attributable voting rights attributable to shares representing 0.002% of the share capital of Benfica SAD, resulting in a total of voting rights attributable to the shares. representing 23.1061% of Benfica SAD’s share capital.

(in update)