Grupo Simec, S.A.B. de C.V. (NYSE: SIM) SIGNIFICANT EVENT (UNUSUAL MOVEMENTS)

Rhea-AI Summary

Grupo Simec (NYSE: SIM) reports unusual movements in the negotiation of its series B shares, attributing them to market conditions and denying involvement of its board members or executives.

Unusual movements in the negotiation of the shares comprising the share capital of "SIMEC" series "B"

GUADALAJARA, Mexico, Nov. 21, 2023 /PRNewswire/ -- Regarding the unusual movements presented today in the operation identified as associated with ticker symbol "SIMEC" values, the issuer company reports that such operations or herein cause of, are not of the knowledge of Grupo Simec and that they correspond to conditions of the market.

It is not of the knowledge of Grupo Simec that such movements have involved members of its board of directors, executive officers or repurchase fund.

Contact:
Mario Moreno Cortez
+52-33-3770-6734
mmoreno@gruposimec.com.mx

View original content:https://www.prnewswire.com/news-releases/grupo-simec-sab-de-cv-nyse-sim-significant-event-unusual-movements-301995286.html

SOURCE Grupo Simec, S.A.B. de C.V.

FAQ

What is the significance of the unusual movements in Grupo Simec (NYSE: SIM) series B shares?

The unusual movements in Grupo Simec (NYSE: SIM) series B shares are attributed to market conditions, according to the company.

What does Grupo Simec (NYSE: SIM) report regarding the operations associated with its ticker symbol?

Grupo Simec (NYSE: SIM) reports that the operations associated with its ticker symbol are not within the knowledge of the company and are due to market conditions.

Are the unusual movements in Grupo Simec (NYSE: SIM) series B shares related to the company's board members or executives?

Grupo Simec (NYSE: SIM) denies knowledge of any involvement of its board members or executives in the unusual movements of its series B shares.

How can Grupo Simec (NYSE: SIM) be contacted for further information?

For further information, Grupo Simec (NYSE: SIM) can be contacted at +52-33-3770-6734 or mmoreno@gruposimec.com.mx.