Workers of the Diário de Notícias (DN) and Jornal de Notícias (JN) have already received their salaries for December this Thursday, several journalists confirmed to Luse.
One of the interlocutors clarified to Lusa that the payment concerns only last month’s salary and does not include the Christmas bonus.
Grupo Bel has guaranteed Vasp to advance money to Global Media to pay December salaries to the group’s workers, a source connected to the process told Lusa on Wednesday.
“Workers working on Global Notícias publications will continue on January 23 without receiving wages for December, Christmas pay, in some cases holiday pay, and in the case of employees (service providers) November,” the Global Media union said. Group (GMG) said on Wednesday in a statement released late in the day.
However, after it became known that the GMG general meeting, the agenda of which included the issue of dismissal of the current board of directors, would be held on February 19, union delegates expressed surprise and indignation at this date.
According to the ERC, Páginas Civilizada’s actual participation in GMG amounts to 50.25% of capital and voting rights. This position is calculated from the sum of direct ownership of 41.51% and indirect ownership through Grandes Notícias Lda of 8.74%.
The WOF Foundation owns 25.628% of GMG shares and voting rights.
In turn, Grupo Bel, owned by Marco Galinha, directly and through its companies Norma Erudita, Lda. and Palavras de Prestígio, Lda., holds an effective share of 24.623% of the share capital and voting rights of the owner of Diário. de Notícias (DN), Jornal de Notícias (JN), TSF, O Jogo, Dinheiro Vivo, Açoriano Oriental and others.
KNJ, owned by Kevin Ho, owns 29.350%, while Jose Pedro Soeiro owns 20.400%.
In short, Global Media is directly owned by Páginas Civilizada (41.510%), KNJ (29.350%), José Pedro Soeiro (20.400%) and Grandes Notícias (8.740%).
Last week, the Global Opportunity Fund, which controls GMG, said it was unable to transfer money to pay outstanding wages pending a decision by the ERC regulator and a supposed precautionary procedure.
On December 6, in an internal statement, GMG’s executive committee, headed by José Paulo Fafe, announced that it would urgently negotiate layoffs with 150–200 workers and embark on a restructuring that it said was necessary to avoid “more than the foreseeable outcome ” bankruptcy of the group.”
On September 21, WOF acquired a 51% stake in Páginas Civilizados.
Author: Lusa
Source: CM Jornal
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