Ercros shareholder Víctor Rodríguez Martín increases his stake to 6% in full Bondalti takeover bid

The lawyer positions himself as a significant shareholder of the Spanish company.

Ercros shareholder Víctor Rodríguez Martín increases his stake to 6% in full Bondalti takeover bid

The lawyer positions himself as a significant shareholder of the Spanish company

MADRID, 11 Mar. (EUROPA PRESS) -

Lawyer Víctor Manuel Rodríguez Martín has increased his stake in Ercros from 5.007% to 6.092% following the launch of a voluntary public takeover bid (OPA) by the Portuguese chemical group Bondalti for 100% of the Spanish company. .

Thus, the Ercros shareholder holds a package of shares of around 5.57 million shares, which according to the market price this Monday at 10:40 a.m. was valued at almost 19.1 million euros.

Rodríguez Martín has explained to the CNMV that this new communication of his participation in Ercros is in accordance with the provisions of Spanish legislation for after a public acquisition offer for the issuer's shares is announced.

Specifically, in the information sent to the supervisor it has been detailed that the reason is nothing more than "to comply with article 30.6 of Royal Decree 1362/2007, of October 19, for public offer to acquire shares", according to the CNMV records consulted by Europa Press.

According to the regulations, from the date of the request, those shareholders of the affected company who acquire securities that attribute voting rights must notify the CNMV of said acquisition when the proportion of voting rights in their possession reaches or exceeds 1%. .

Likewise, Ercros shareholders who already had 3% of the voting rights "will notify any operation that implies a subsequent variation in said percentage."

In this way, Rodríguez Martín rises as the significant shareholder within Ercros, ahead of Joan Casas Galofre (6,015%), the American fund Dimensional Fund Advisors (4,991%) and Montserat Garcia Pruns (3,609%).

The Spanish firm highlighted last week that the voluntary takeover bid launched by the Portuguese firm Bondalti, owned by the José de Mello group, for 100% of the Spanish company, "is neither requested nor previously agreed upon with society."

This is what the company said in a statement sent to the supervisor after the Portuguese chemical group Bondalti announced the launch of a voluntary takeover bid for 100% of Ercros at 3.6 euros per share, which means valuing the entire stake. Spanish company at 329.17 million euros.

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