“Jogo Bonito” launches OPA with more than 49% Boavista – Boavista

The Board of Directors of CMVM registered, this Thursday, the takeover offer (OPA) of the “Jogo Bonito Group” for 49.22% of the shares of Boavista Futebol Clube, Futebol SAD.

Following the disclosure of an initial announcement, on December 16, 2021 at CMVM, the Jogo Bonito Group is launching today a public and mandatory offer to acquire 1,722,700 shares, with a nominal value of €5 each, representing 49.22% of the capital market regulator, the statement from the Capital Market Regulatory Authority reads. Boavista SAD”. The consideration offered by Jogo Bonito is €0.56 per Boavista SAD share and corresponds to the amount I paid Boavista Futebol Clube (former majority shareholder of Boavista SAD) in 2021.

The OPA will be held between 8:30 am (Lisbon time) on June 23, 2023 and 3:00 pm (Lisbon time) on July 7, 2023, and the respective sales orders may be received until the deadline expires, he explains. document.

Shareholders who accept OPA may revoke these declarations of acceptance through July 3, 2023.

The results of the show will be determined and announced, as expected, on July 10, 2023, advances the statement published by CMVM.

It should be noted that on August 30, 2021, CMVM set the immediate disclosure of a preliminary announcement of the launch of OPA on all shares of Boavista SAD by Jogo Bonito (an entity controlled by Gérard Lopez).

This follows Jogo Bonito’s acquisition of more than 50% of the voting rights in Boavista SAD – as a result of the signing of a share purchase and sale agreement in Boavista SAD, between Boavista Futebol Clube and BFC (the company controlled by the former), as selling entities, and Jogo Bonito As a buyer, on July 28, 2021.

The OPA was tentatively announced by Jogo Bonito on December 16, 2021. Meanwhile, the process instructions were recently completed by the buyer’s company. After that, the OPA was registered by CMVM, as well as the prospectus and launch announcement. Approved – Revealed today.