It has increased the number of Board Members from six to eight in order to adjust it to the Company's shareholding structure
•The Company announces the appointment of Borja Rubio de la Rocha as the new Chief Financial Officer who has come from Indra where he held the position of Executive Advisor for Public/Private Associations in the Transport and Defence markets.
•The Carbures Board has increased from six to eight members in order to better its corporate governance and adjust the board to the company's shareholding structure.
•Carbures issued warrants for a value of 35 million euros in favour of Black Toro Capital, which is one more example of the confidence in its business plan and the expected growth at Carbures.
Madrid, 2 December 2015. Carbures has begun a new phase following the Extraordinary General Meeting of Shareholders and the board of directors meeting held yesterday during which key decisions were made to progress with the company's solid and organised growth. On the one hand, the Board of Directors strengthened the company's management team with the appointment of a new Chief Financial Officer, Borja Rubio de la Rocha, as well as its corporate governance with the appointment of two new board members in order to better its corporate governance and adjust the board to the company's shareholding structure. Moreover, Carbures has closed a new financial transaction with Black Toro Capital for a value of 35 million euros through the issuance of warrants covered by a capital increase for the same amount.