Search Results for CNMV

grifols

Grifols to improve its rating for a better refinancing, as it has a debt maturity of €2,000m in 2025

Singular Bank: The manufacturer of plasma-derived medicines has informed the CNMV that it plans to sell a package of shares in its Chinese subsidiary Shanghai Raas, in which it is its main shareholder, where it will obtain some $1,500 million. As Grifols had already indicated, an asset sale was necessary to achieve its goal of reducing net financial debt to four times EBITDA by the end of 2024, from the…


amper2

Amper wins largest-ever contract for Dieppe Le Tréport wind farm, turnover to be boosted to €140 million

Link Securities| In a Significant Event sent to the National Securities Market Commission (CNMV) it is reported that Navantia Seanergies has awarded the company the contract for the assembly and construction of jacket components for the Dieppe Le Tréport wind farm. The contract, awarded to the subsidiary Nervión Naval OffShore, is the largest in Amper’s history, and will run from 2023 to 2025. The order book, including this new contract…


BBVA Holvi

BBVA redeems 64.6 M treasury shares as part of buyback programme

Link Securities | BBVA (BBVA) notified the National Securities Market Commission (CNMV) of the partial execution of the capital reduction resolution adopted by the Ordinary General Shareholders’ Meeting held on March 17 2023, through the reduction of BBVA’s share capital by a nominal amount of €31,675,343.91, and the consequent redemption of 64,643,559 treasury shares of €0.49 par value each, held by the company as treasury shares. The treasury shares subject…


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NH Hotels appoints Dillip Rajakarier, CEO of Minor, as new group chairman

Link Securities | The Board of Directors of NH Hotel Group (NHH) held on Thursday agreed to appoint Dillip Rajakarier, CEO of Minor, as the new chairman of the Spanish hotel group, according to elEconomista.es. In addition, NHH’s current CEO, Ramón Aragonés, will also take on the role of vice-chairman, the decision comes after the group’s three independent directors resigned on Tuesday 16 May to express their opposition to the…


Ferrovial DelPino 768x524 1

TCI further increases its stake in Ferrovial to 8% of its share capital

Alphavalue / Divacons | The Children’s Investment Fund (TCI) continues to strengthen its stake in the Spanish construction company and now holds 8% of its share capital. According to CNMV records, last Wednesday, one day before the Ferrovial General Shareholders’ Meeting, the fund acquired another package of shares with a current market value of close to €200 million. On the other hand, the construction, services and concessions company appointed Banco…


Cellnex

Bertrand Boudewijn and Leonard Peter Shore resign as independent directors of Cellnex citing “irreconcilable differences”

In a Significant Event communicated to the CNMV, the Board of Directors of Cellnex (CLNX) informed that it has received the resignations of Mr Bertrand Boudewijn Kan and Mr Leonard Peter Shore, in their capacity as independent directors, citing “irreconcilable differences with the Board in relation to the management, governance and succession process of the Company”. In their announcement, Mr Bertrand Boudewijn Kan and Mr Leonard Peter Shore stated that…


Iberdrola

Iberdrola sells Mexican government a large part of its business in the country for €5,478 million

Iberdrola announced on Tuesday a major sale of natural gas assets in Mexico, putting an end to several years of tensions with the country’s government. As the company, headed by Ignacio Sánchez Galán, informed the CNMV late in the afternoon, the subsidiary Iberdrola México and the state fund Mexico Infrastructure Partners (MIP) have signed an agreement of intent whereby a trust headed and managed by MIP will acquire 8,539 MW…


Cellnex

Chris Hohn (TCI) takes largest stake in Cellnex, calls for boardroom changes

Chris Hohn, who controls the firm TCI, has become the largest shareholder of Cellnex and has criticised the board of directors and its management over the appointment of the new CEO to replace Tobías Martínez. The British investor has taken a 9.032% stake in the Spanish telecoms infrastructure giant, compared to a previous holding of 7.086%. With this stake, the tycoon would surpass Edizione, the holding company of the Benetton…


Repsol

Repsol to buy back €900 million of its own shares

According to a note sent yesterday by Repsol to the Spanish Securities and Exchange Commission (Comisión Nacional del Mercado de Valores, or CNMV), the maximum number of shares to be acquired under the buyback programme will amount to 35,000,000, representing approximately 2.64% of Repsol’s current share capital. The maximum net investment under the programme amounts to €909,755,000, the oil company said. Repsol has explained that the acquisition of the shares…


capital energy auction

Helena Viñes to pilot new version of European Platform on Sustainable Finance

F.R. | Helena Viñes, director of the CNMV, is the new Chair of the Platform on Sustainable Finance, the European body that advises the EC on sustainability, including the strategy and also the drafting of specific projects such as the taxonomy. Viñes will lead the new path of a Platform that has reduced its number of members from 57 to 35 in an attempt to improve its efficiency and operability….