Overview
- CNMV filings show Martínez sold 1.558% of Banco Sabadell, trimming his holding from 3.495% to 1.937%.
- His remaining stake consists only of voting-rights-attached shares, totaling 4.88 million shares.
- The holding was valued at about €15.64 million using a €3.20 market price reported in the filings.
- Martínez had publicly supported BBVA’s takeover attempt, which was accepted by about a quarter of votes and did not succeed, and he resigned from Sabadell’s board after the process.
- The disposal, disclosed by the CNMV and reported by news agencies, narrows Martínez’s direct influence over governance and could affect future voting outcomes while the buyer has not been made public.