The Entrecanals break their shareholding pact in Acciona after 14 years
10 Articles
10 Articles
The two branches of the Entrecanales family, which owns 55% of Acciona’s share capital through different companies, will not extend the shareholders’ agreement regarding the company’s preferential share acquisition rights until its expiry on 14 July 2026. This has been communicated to the National Securities Market Commission (CNMV) Tussen de Grachten BV, one of the companies based in the Netherlands through which it transports 29.02% of its sha…
After fourteen years of stability in the construction company Acciona, the Entrecanales family has decided to break ties . At the end of Friday afternoon, the company Tussen de Grachten BV, which controls 29.02% of the capital of Acciona and belongs to the family of the vice president of the company, Juan Ignacio Entrecanales, announced that it has decided not to extend the preferential acquisition agreement reached in 2011 with the other branch…
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The Entrecanales family, which owns 55% of the share capital of the construction and concession company Acciona through various companies, has decided not to renew, at maturity, the agreement that grants preferential acquisition rights over shares of the company. This agreement will expire on July 14, 2026.
"Tussen de Grachten BV announces that the agreement concerning preferential acquisition rights on Acciona's shares will not be renewed and will therefore cease to be in force on its expiry, on July 14, 2026," he explained. He also added that the decision not to renew the agreement tacitly, with a period of notice of eighteen months, "does not presuppose intention or will on the part of the reference shareholders linked by that agreement to dispo…
The Entrecanales family have put an end to their parasocial pact in Acciona, present in the company since 2011 through a parasocial pact. Its largest shareholder, the Tussen investment vehicle of Grachten BV, belonging to the Entrecanales Franco, has informed the market this Friday that the agreement will not be renewed and will end in 2026. “Tussen de Grachten BV announces that the agreement regarding preferential acquisition rights on Acciona …
Tussen, the family branch of Juan Ignacio Entrecanales, with 29% of the company, will not renew the preferential right of purchase with the branch of José Manuel Entrecanales, with 26%. Read
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