Within 24 hours of the approval by shareholders at an EGM of its IPO, the Spanish stock exchange group BME had received support from 14.07% of its entire stock capital.
Among the shareholders pledging support were Banco de Espaa, Grupo Santander, BBVA, Caja Madrid, La Caixa, Morgan Stanley, and Merrill Lynch.
At BME has 125 shareholders. They can choose between selling part or all their shares or maintaining their shareholdings. Those of them who decide not to sell all their shares will be assuming a 180-day lock up commitment for all their shareholders.