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Yes, BNP Paribas Arbitrage SNC appear to be the French stockbroking arm of the bank so that makes it almost certain that the purchase is on behalf of a private investor or group of investors.

 

Perhaps Rafat is out at the Normady stables riding your man Chuck's horses and discussing business, then perhaps not.

 

Guess that might be contingent on French extradiction treaties !!

 

:merlin:

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SEPT. 27, 2014

 

PARIS — The chairman of BNP Paribas, France’s largest bank, is stepping down as the institution seeks to move beyond the fallout from its guilty plea and nearly $9 billion in fines in the United States for its dealings with blacklisted countries.

 

The chairman, Baudouin Prot, 63, will leave on Dec. 1 after more than 30 years with the bank, the board said in a statement late Friday. His departure was widely expected. He will be replaced by Jean Lemierre, a former head of the European Bank for Reconstruction and Development.

 

Before he became chairman three years ago, Mr. Prot was chief executive from 2003 to 2011. He is credited with helping guide BNP Paribas through the global financial crisis and into the ranks of the world’s biggest banks.

 

Mr. Prot’s reign, however, may ultimately be remembered more for the landmark criminal case brought by prosecutors and regulators in Washington and New York after the bank was accused of illegally transferring billions of dollars on behalf of countries blacklisted by the United States, including Sudan and Iran.

 

While other major banks, including Standard Chartered and HSBC, have been caught up in such affairs, the United States authorities were particularly incensed that BNP had ignored warnings and then refused to cooperate with the investigation.

 

After months of stormy negotiations, in which the French government lobbied on the bank’s behalf, BNP agreed in June to plead guilty and pay $8.9 billion in fines to settle the case, the largest such judgment ever.

 

Recent news reports that Mr. Prot would resign indicated it was his choice to leave. In its statement, the board lauded his leadership, saying it was “grateful to Baudouin Prot for his total commitment during the financial crisis of 2007-2011.”

 

The statement did not mention the American investigation.

 

BNP reported net profit last year of 4.8 billion euros, or $6.1 billion.

 

http://www.nytimes.com/2014/09/28/business/international/bnp-paribas-chairman-to-step-down-as-french-bank-seeks-to-shed-stigma.html?_r=0

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I thought I had a screenshot of the old shareholder list for comparison, but can't find it.

 

At first glance, it looks like Artemis definitely took up a lot more than their basic allocation in the open offer, just like Laxey did.

 

Also interesting to see that Margarita didn't buy any shares in the open offer.

 

Laxey 5,006,458

Artemis 2,630,223

River & Mercantile 959,327

Blue Pitch 426,485

Miton Capital Partners 916,425

Mike Ashley 0

Sandy Easdale 1,299,153

Margarita 0

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Laxey 5,006,458

Artemis 2,630,223

River & Mercantile 959,327

Blue Pitch 426,485

Miton Capital Partners 916,425

Mike Ashley 0

Sandy Easdale 1,299,153

Margarita 0

 

Thanks. :tu:

 

I take it that those are the figures for what they each purchased in the open offer?

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