News in 2011
The Board of Directors of Natra SA has agreed unanimously at the board meeting held today, the remodeling of the governing bodies of the company, giving Natra a leaner executive structure that allows the company to start a new stage of maturity of their project.
Due to the gradual recovery of Natra’s business and the significant increase and volatility of raw materials, the company has obtained the support of its banks for a new model of working capital financing.
CastiCapital, the investment vehicle led by Canary businessman Pedro A. del Castillo, announced today at the Spanish Stock Exchange Commission of 3.4% holding in the capital of Natra.
In relation to the call option contract entered by and between Natra, S.A. and the Brazilian company Bio Group Brazil concerning the stake that Natra, S.A. holds in the French multinational Naturex, Bio Group Brazil has proceeded to execute before its maturity date the whole call option agreement, thus having acquired the 248,275 shares of Naturex owned by Natra, S.A.
In relation to the call options granted to the Brazilian Bio Group Brazil on the stakes that Natra, S.A. holds in Natraceutical (46.8%) and in the French multinational Naturex (3.89%), after the four-month period for the execution of the options, Bio Group Brazil has informed the Company of its wish to extend the deadline for the execution of the call option on Naturex shares to some further four months, as stipulated in the contract, and to reject the option agreement on the shareholding in Natraceutical.