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Pinto da Costa strengthens its position in Porto FC’s SAD by acquiring another 1,298 shares.

The president of national football champion FC Porto, Jorge Nuno Pinto da Costa, has acquired another 1,298 SAD shares, the dragons said today in a note to the Securities Market Commission (CMVM).

Wednesday’s transaction included €1,479.72, with the Blue and White leader investing 1,298 shares at €1.14 each, slightly strengthening its position in the SAD for the fifth straight month.

The president of FC Porto started by buying 7,248 shares in exchange for €6,623.20 between November and December 2022 and then repeated the process in January and February 2023 when he raised another 7,590 shares worth €7 509.70 euros.

In the first half of the 2022/23 season, 85-year-old Jorge Nuno Pinto da Costa held 320,804 shares, representing 1.43% of his position, as of December 31, 2022, according to the latest SAD report and accounts submitted to CMVM.

The majority of SAD is owned directly by the club (74.59%), with businessman, former football player and former coach António Oliveira being the main individual shareholder (7.34%), followed by his brother Joaquim Oliveira through Olivedesportos society (6.68%) .

Author: Portuguese
Source: CM Jornal

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