Spain's CNMV fines ex-footballer Pique 200,000 euros for insider trading
11/05/2026 12:31
By Mireia Merino May 11 (Reuters) - Spanish stock market regulator CNMV has fined former Spain defender Gerard Pique and Francisco Jose Elias over the use of inside information linked to Atrys Health's ATRY.MC plan to buy Aspy Global Services in 2021, it said on Monday. Pique, owner of FC Andorra and founder of the Kings League seven-a-side soccer format, faces a penalty double that of Elias, reflecting his role as the information recipient who traded on it in a rare case of insider trading allegations against a high-profile sports figure. CNMV fined Elias 100,000 euros ($113,507) for unlawfully sharing inside information and Pique 200,000 euros for using that information to buy 104,166 Aspy shares on January 20, 2021 The inside information, which concerned talks on Atrys Health's planned offer for Aspy Global Services, became public two days later The regulator said Pique sold the shares on January 27, 2021, making an economic gain Based on historical LSEG data, Aspy shares closed at 2.36 euros per share on January 20 and at 2.80 euros per share on January 27, 2021 Applied to the number of shares traded, this implies an estimated gain of about 45,800 euros The resolution is dated April 22 and the sanctions are final in the administrative process, though they can still be challenged before Spain's National Court (Reporting by Mireia Merino in Gdansk, editing by Milla Nissi-Prussak) ((mireia.merino@thomsonreuters.com))