HomeSportsPinto da Costa strengthens position in FC Porto's SAD for the second...

Pinto da Costa strengthens position in FC Porto’s SAD for the second time in March

The president of the national football champion FC Porto, Jorge Nuno Pinto da Costa, acquired another 1,350 SAD shares on Monday, the “dragons” reported in a note to the Securities Market Commission (CMVM).

The operation, which was completed on Thursday, involved an amount of 1,579.50 euros, with the director investing for the second time in March, this time at the unit price of 1.17 euros, extending his position in SAD for the fifth month slightly reinforced.

The leader of FC Porto started by buying 7,248 shares in exchange for 6,623.20 euros between November and December 2022, in a process repeated in January and February 2023 – 7,590 shares worth 7,509.70 euros – and on 1 March – 1298 for 1479.72.

According to the latest SAD report and accounts submitted to the CMVM, Jorge Nuno Pinto da Costa, aged 85, owned 320,804 shares for the first half of the 2022/23 season, equivalent to 1.43% of his position , on December 31, 2022.

The majority of SAD belongs directly to the club (74.59%), while businessman, former footballer and former coach António Oliveira is the main individual shareholder (7.34%), followed by his brother Joaquim Oliveira, through the Olivedesportos company (6.68%).

Author: DN/Lusa

Source: DN

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