Turbo Energy (TURB) chair lists 41,582,025 shares in initial Form 3
Rhea-AI Filing Summary
Turbo Energy, S.A. director and Chairman of the Board Enrique Selva Bellvis has filed an initial ownership report showing indirect holdings of 41,582,025 Ordinary Shares. These shares are held through entities including Turbo Energy S.L.U. and Umbrella Global Energy S.A., a Spanish public company listed on BME Growth.
The filing explains that Umbrella Global’s majority shareholders are Crocodile Investment, S.L.U. and Mr. Bellvis. Mr. Bellvis personally owns 23.21% of Umbrella Global and Crocodile Investment owns 54%. Mr. Bellvis is the sole owner of Crocodile Investment, holding 100% of its shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bellvis Enrique Selva
Role
Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 41,582,025 shares (Indirect, Turbo Energy S.L.U and Umbrella Global Energy S.A.)
Footnotes (1)
- F1. Consists of 41,582,025 Ordinary Shares. Umbrella Global Energy S.A., or Umbrella Global, is a corporation formed under the laws of the Kingdom of Spain. Umbrella Global is a public company listed on BME GROWTH. Crocodile Investment, S.L.U, or Crocodile Investment, a company established under the laws of the Kingdom of Spain on November 8, 2013, and Enrique Selva Bellvis, the Chairman of the board of directors of Turbo Energy, S.A., are the majority shareholders of the issued and outstanding shares of Umbrella Global. Enrique Selva Bellvis personally owns 23.21% of Umbrella Global, while Crocodile Investment owns 54% of Umbrella Global. Mr. Bellvis is the sole owner of Crocodile Investment, holding 100% of its shares. Umbrella Global's business address is Plaza America, 2, 4B, 46004, Valencia, Spain.
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FAQ
What does Turbo Energy (TURB) disclose in this Form 3 filing?
Turbo Energy, S.A. discloses the initial beneficial ownership of Ordinary Shares by Chairman Enrique Selva Bellvis. The filing reports indirect holdings through entities linked to him, providing transparency on his equity position associated with Turbo Energy’s share capital.
What is Umbrella Global Energy S.A.’s role in Turbo Energy (TURB) ownership?
Umbrella Global Energy S.A. is identified as a holder of the 41,582,025 Ordinary Shares attributed indirectly to Enrique Selva Bellvis. It is a Spanish public company listed on BME Growth, with its majority shareholders including Crocodile Investment, S.L.U. and Mr. Bellvis.
What percentage of Umbrella Global does Enrique Selva Bellvis personally own?
Enrique Selva Bellvis personally owns 23.21% of Umbrella Global Energy S.A. The filing also notes that Crocodile Investment, S.L.U. owns 54% of Umbrella Global, and Mr. Bellvis holds 100% of Crocodile Investment’s shares, consolidating his influence.
How is Crocodile Investment, S.L.U. connected to Turbo Energy (TURB) ownership?
Crocodile Investment, S.L.U. is a majority shareholder of Umbrella Global Energy S.A., which holds Turbo Energy shares. The filing explains Crocodile owns 54% of Umbrella Global, and Enrique Selva Bellvis owns 100% of Crocodile, linking him indirectly to the reported shares.