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José María Castellana Increases His Stake in the Socimi Millenium

The businessman took advantage of the capital increase carried out by the Socimi in June, which amounted to 150 million euros, to raise his stake in the company from 5.6% to 8.2%.

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The Director and former Vice-President of Inditex, José María Castellano, has increased his stake in the Socimi Millenium, which specialises in luxury hotels. He has owned shares in the company since May 2019 as a proprietary director and is currently one of its main shareholders.

The firm, led by Javier Illán Plaza (pictured above), launched a capital increase last June amounting to up to 150 million euros. Castellano participated to raise his stake in the company from 5.6% to 8.2 %, as the records of BME Growth (formerly the MAB) have now disclosed.

Read the full article in Spanish.

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