The president of national football champion FC Porto, Jorge Nuno Pinto da Costa, has purchased another 1,350 shares of SAD, the Dragons said on Monday in a note sent to the Securities Market Commission (CMVM).
The transaction completed on Thursday included an amount of EUR 1,579.50, with the director investing a second time in March, this time at a unit price of EUR 1.17, slightly strengthening his position in SAD for the fifth consecutive month.
The FC Porto leader began by buying 7,248 shares in exchange for €6,623.20 between November and December 2022, in a process repeated in January and February 2023 – 7,590 shares worth €7,509.70 – and March 1 – 1298 shares for 1479.72 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%) .