Principal Resolutions of the Executive Board of the CMVM
22 June 2012
The Executive Board of the CMVM (Comissão do Mercado de Valores Mobiliários) passed the following resolutions at a meeting held on 22 June 2012:
advertising of XTB Online Trading, “Newsletter, Anúncio e Banner”, concerning a decrease in the spreads of complex financial products trading, in accordance with CMVM Regulation No. 1/2009, of 30 July;
the base prospectus for issuance programme and admission to trading on the regulated market of Euronext Lisbon of medium-term debt securities up to a maximum of €200 million, by Sonae SGPS, SA, and the manual on transmission of orders by phone to be used for the initial offer;
advertising for public offer of bonds up to a maximum of €100 million, with a nominal value of €1 per unit, subject to a minimum subscription of 1,000 bonds per order, by Sonae SGPS, SA, called "Continente Obrigações 7% 2015" pursuant to €200 million Offer Programme;
advertising and call centre manual for the public offer of subscription of bonds, amounting to €250 million, called“Obrigações PT Taxa Fixa 2012/2016”, to be carried out by Portugal Telecom, SGPS, S.A., pursuant to €7,500 million Euro Medium Term Note Programme;
MIBEL document called “Integração da Produção em Regime Especial no MIBEL e na Operação dos Respectivos Sistemas Elétricos – Propostas de Harmonização Regulatória”, resulting from a public consultation organized by the MIBEL Council of Regulators in November 2011;
admission of two applications for traineeships in the CMVM;
selection and start of procedure for direct awarded contract for acquiring metal cabinets. Five entities were invited to submit proposals.
replacement of the the management company “Imorendimento – Sociedade Gestora de Fundos de Investimento Imobiliários, S.A.” and respective amendments to the management rules and regulations of the fund “Imorendimento II – Fundo de Investimento Imobiliário Fechado” by “Selecta – Sociedade Gestora de Fundos de Investimento Imobiliários, S.A.”;
merger by acquisition of “Fundo de Investimento Mobiliário Aberto Barclays Premier Acções Portugal” into the fund “Barclays Global Dinâmico – Fundo de Investimento Mobiliário Aberto de Fundos Misto”, managed by Barclays Wealth Managers Portugal – Sociedade Gestora de Fundos de Investimento Mobiliário, S.A.;
amendments to Rule Book and Instructions of LCHClearnet, S.A., concerning “position limit on commodity future contracts” and “delivery of commodity future contracts”;
amendments to Rule Book and Instructions of LCH Clearnet, S.A., concerning Secfinex – Termination.
sale of property by open-end investment fund “Gespatrimónio Rendimento”, managed by ESAF, to “FUNGEPI BES – Fundo de Gestão de Património Imobiliário”, managed by Fimoges – Sociedade Gestora de Fundos de Investimento Imobiliário.
3. Record entry in the register of:
Euronext Lisbon – Sociedade Gestora de Mercados Regulamentados, S.A. - amendments to Regulation I on Harmonised Market Rules;
OMIP - change of name of OMIP – Operador o Mercado Ibérico de Energia (Pólo Português), SGMR, S.A., to OMIP – Pólo Português, SGMR, S.A. and notify the MIBEL Regulators Council of said amendment.
The Executive Board