RETENTION OF BENEFICIAL INTEREST THROUGH LUCA ASSOCIATES AG BY DR ZIMMER30 Mar 2026 14:23
@Nopulus
This looks a similar prior transfer:
Based on the Investegate announcement from June 11, 2020, Dr. Robert Zimmer did not dispose of his shares in ImmuPharma PLC to an outside party, but rather transferred 20,000,000 shares to Luca & Associates AG, an entity that he is connected with, and of which he is President and a shareholder.
Key details regarding this transaction include:
Internal Transfer: The move was a transfer of shares rather than a market sale, meaning Dr. Zimmer retained a beneficial interest in the shares through Luca & Associates AG.
Purpose: As a substantial shareholder at the time, this transaction was structured to maintain his connection to the company while consolidating holdings.
Continued Support: Around the same time, Dr. Zimmer was identified as a significant shareholder demonstrating support for the company, and in early 2020, he participated in a subscription for new shares.
Context: Following this transfer and his later retirement from the board in 2021, Dr. Zimmer entered into a lock-in agreement to not dispose of shares in which he has an interest for a specified period, further indicating that the transfer was not a "cashing out" move.