Friday, June 3, 2016

A month after leaving, BlackRock Announces Reduction position in BCP – Business Journal – Portugal

At a time when the BCP shares have been under pressure, is published the announcement of the reduction in the share of BlackRock in the capital of the financial institution.

“Under the terms and for the purposes of Article 17 of the Securities Code, the Commercial Portuguese Bank, SA ( “BCP”) hereby announces to have received, on June 3, 2016, communication of Blackrock, Inc. informed the BCP shares for sale on May 1, 2016 “according to a statement sent to the CMVM.

According to the same statement the bank chaired by Nuno Amado,” from that date, Blackrock, Inc. reduced its stake for a number of shares representing a percentage of less than 2% of the share capital and voting rights. “

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