Link Securities | The Board of the National Securities Market Commission (CNMV) agreed to authorise the delisting offer for Corporación Financiera Alba (ALB) submitted by the company itself, Carlos March Delgado and Son Daviú, S.L.U. on 17 January 2025, on the understanding that its terms comply with current regulations and that the content of the explanatory brochure submitted after the latest amendments registered on 13 March 2025 is sufficient.
The offer is for 100% of ALB’s share capital, comprising 60,305,186 shares, admitted to trading on the Madrid, Barcelona and Bilbao Stock Exchanges and integrated into the Spanish Stock Exchange Interconnection System, excluding 57,404,487 shares, representing 95.19% of the share capital, which have been immobilised by their respective holders. Consequently, the offer effectively extends to the acquisition of 2,900,699 ALB shares, representing 4.81% of its share capital.
The offer price is €84.20 per share and has been set by ALB in accordance with the provisions of Article 65 of Law 6/2023, of 17 March, on the Securities Markets and Investment Services and Article 10 of Royal Decree 1066/2007, of 27 July, on the regime of public offers for the acquisition of securities.
In accordance with the provisions of section 7 of article 10 of the aforementioned Royal Decree, the shares will be excluded from trading when the transaction has been settled.” The CNMV will announce the acceptance period for the offer when the bidders publish the first of the announcements provided for in article 22 of Royal Decree 1066/2007.
