Temporary ban on net short positions by CNMV and CONSOB

Temporary ban on net short positions by CNMV

The FCA would like to draw the industry’s attention to the announcement by the COMISIÓN NACIONAL DEL MERCADO DE VALORES (CNMV) which restricts transactions under Article 20 of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012.

The measure applies to shares admitted to trading to Spanish Trading Venues (BOLSA DE MADRID, S.A., BOLSA DE BARCELONA, S.A., BOLSA DE VALENCIA, S.A., BOLSA DE BILBAO, S.A. and Mercado Alternativo Bursátil, S.A., as well as to all related instruments relevant for the calculation of the net short position determined in Annex I, part 1, articles 5 and 6 of Commission Delegated Regulation EU Nº 918/2012, except index-related instruments on indices not composed mainly by shares affected by the prohibition.

This measure is effective immediately until the end of trading on the 17 April 2020. 

The exact scope of this measure is specified in the statement issued by CNMV.

Temporary ban on net short positions by CONSOB

The FCA would like to draw the industry’s attention to the announcement by the Italian Commissione Nazionale per le Società e la Borsa (CONSOB) which restricts transactions under Article 20 of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012.

This applies to transactions in the following shares as well as to all related instruments relevant for the calculation of the net short position determined in Annex I, part 1, Articles 5 and 6 of Commission Delegated Regulation EU No 918/2012, with the partial exception of index-related instruments. The ban applies to index-related instruments only if the restricted shares represent more than 20% of the index weight. Special provisions apply to convertible bonds and subscription rights.

This measure is effective from 18 March 2020 (before the opening of the trading session) until the end of trading on 18 June 2020.

  • A.S. ROMA (ISIN: IT0001008876)
  • A2A (ISIN: IT0001233417)
  • ACEA (ISIN: IT0001207098)
  • ACOTEL GROUP (ISIN: IT0001469953)
  • ACSM-AGAM (ISIN: IT0001382024)
  • AEDES (ISIN: IT0005350449)
  • AEFFE (ISIN: IT0001384590)
  • AEROPORTO GUGLIELMO MARCONI DI BOLOGNA (ISIN: IT0001006128)
  • AGATOS (ISIN: IT0005216533)
  • ALERION (ISIN: IT0004720733)
  • ALGOWATT (ISIN: IT0004359037)
  • ALKEMY (ISIN: IT0005314635)
  • AMBIENTHESIS (ISIN: IT0001042297)
  • AMPLIFON (ISIN: IT0004056880)
  • ANIMA HOLDING (ISIN: IT0004998065)
  • AQUAFIL (ISIN: IT0005241192)
  • ASCOPIAVE (ISIN: IT0004093263)
  • ASTALDI (ISIN: IT0003261069)
  • ASTM (ISIN: IT0000084027)
  • ATLANTIA (ISIN: IT0003506190)
  • AUTOGRILL SPA (ISIN: IT0001137345)
  • AUTOSTRADE MERID (ISIN: IT0000084043)
  • AVIO (ISIN: IT0005119810)
  • AZIMUT (ISIN: IT0003261697)
  • B&C SPEAKERS (ISIN: IT0001268561)
  • B.F. (ISIN: IT0005187460)
  • BANCA FARMAFACTORING (ISIN: IT0005244402)
  • BANCA GENERALI (ISIN: IT0001031084)
  • BANCA IFIS (ISIN: IT0003188064)
  • BANCA INTERMOBILIARE (ISIN: IT0000074077)
  • BANCA MEDIOLANUM (ISIN: IT0004776628)
  • BANCA SISTEMA (ISIN: IT0003173629)
  • BANCO BPM (ISIN: IT0005218380)
  • BASICNET (ISIN: IT0001033700)
  • BASTOGI SPA (ISIN: IT0004412497)
  • BCA CARIGE (ISIN: IT0005108763)
  • BCA FINNAT (ISIN: IT0000088853)
  • BCA MPS (ISIN: IT0005218752)
  • BCA POP SONDRIO (ISIN: IT0000784196)
  • BCA PROFILO (ISIN: IT0001073045)
  • BCO DESIO BRIANZA (ISIN: IT0001041000)
  • BCO SARDEGNA RISP (ISIN: IT0001005070)
  • BE (ISIN: IT0001479523)
  • BEGHELLI (ISIN: IT0001223277)
  • BIALETTI INDUSTRIE (ISIN: IT0004222102)
  • BIANCAMANO (ISIN: IT0004095888)
  • BIESSE (ISIN: IT0003097257)
  • BIOERA (ISIN: IT0005387995)
  • BORGOSESIA (ISIN: IT0003217335)
  • BPER BANCA (ISIN: IT0000066123)
  • BREMBO (ISIN: IT0005252728)
  • BRIOSCHI (ISIN: IT0000066180)
  • BRUNELLO CUCINELLI (ISIN: IT0004764699)
  • BUZZI UNICEM (ISIN: IT0001347308)
  • CAIRO COMMUNICATION (ISIN: IT0004329733)
  • CALEFFI (ISIN: IT0003025019)
  • CALTAGIRONE (ISIN: IT0003127930)
  • CALTAGIRONE EDIT (ISIN: IT0001472171)
  • CAMPARI (ISIN: IT0005252207)
  • CAREL INDUSTRIES (ISIN: IT0005331019)
  • CARRARO (ISIN: IT0001046553)
  • CATTOLICA ASS (ISIN: IT0000784154)
  • CELLULARLINE (ISIN: IT0005244618)
  • CEMBRE (ISIN: IT0001128047)
  • CEMENTIR HOLDING (ISIN: NL0013995087)
  • CENTRALE DEL LATTE D'ITALIA (ISIN: IT0003023980)
  • CERVED GROUP (ISIN: IT0005010423)
  • CHL (ISIN: IT0001446613)
  • CIA (ISIN: IT0003389522)
  • CIR (ISIN: IT0000070786)
  • CLASS EDITORI (ISIN: IT0005117848)
  • CNH INDUSTRIAL (ISIN: NL0010545661)
  • COIMA RES (ISIN: IT0005136681)
  • CONAFI (ISIN: IT0004105653)
  • COSE BELLE D'ITALIA (ISIN: IT0004991490)
  • CREDEM (ISIN: IT0003121677)
  • CREDITO VALTELLINESE (ISIN: IT0005319444)
  • CSP INT IND CALZE (ISIN: IT0001127874)
  • D'AMICO (ISIN: LU0290697514)
  • DANIELI & C (ISIN: IT0000076502)
  • DATALOGIC (ISIN: IT0004053440)
  • DEA CAPITAL (ISIN: IT0001431805)
  • DE'LONGHI (ISIN: IT0003115950)
  • DIASORIN (ISIN: IT0003492391)
  • DIGITAL BROS (ISIN: IT0001469995)
  • DOVALUE (ISIN: IT0001044996)
  • EDISON R (ISIN: IT0003372205)
  • EEMS (ISIN: IT0001498234)
  • EL.EN. (ISIN: IT0005188336)
  • ELES (ISIN: IT0005373417)
  • ELICA (ISIN: IT0003404214)
  • EMAK (ISIN: IT0001237053)
  • ENAV (ISIN: IT0005176406)
  • ENEL (ISIN: IT0003128367)
  • ENERVIT (ISIN: IT0004356751)
  • ENI (ISIN: IT0003132476)
  • EPRICE (ISIN: IT0005084717)
  • EQUITA GROUP (ISIN: IT0005312027)
  • ERG (ISIN: IT0001157020)
  • ESPRINET (ISIN: IT0003850929)
  • EUKEDOS (ISIN: IT0004818297)
  • EUROTECH (ISIN: IT0003895668)
  • EXOR (ISIN: NL0012059018)
  • EXPRIVIA (ISIN: IT0001477402)
  • FALCK RENEWABLES (ISIN: IT0003198790)
  • FERRARI (ISIN: NL0011585146)
  • FIAT CHRYSLER AUTOMOBILES (ISIN: NL0010877643)
  • FIDIA (ISIN: IT0001498481)
  • FIERA MILANO (ISIN: IT0003365613)
  • FILA (ISIN: IT0004967292)
  • FINCANTIERI (ISIN: IT0001415246)
  • FINECOBANK (ISIN: IT0000072170)
  • FNM (ISIN: IT0000060886)
  • FULLSIX (ISIN: IT0001487047)
  • GABETTI (ISIN: IT0005023038)
  • GAROFALO HEALTH CARE (ISIN: IT0005345233)
  • GAS PLUS (ISIN: IT0004098510)
  • GEDI GRUPPO EDITORIALE (ISIN: IT0001398541)
  • GEFRAN (ISIN: IT0003203947)
  • GENERALI ASS (ISIN: IT0000062072)
  • GEOX (ISIN: IT0003697080)
  • GEQUITY (ISIN: IT0004942915)
  • GIGLIO GROUP (ISIN: IT0005122400)
  • GPI (ISIN: IT0005221517)
  • GUALA CLOSURES (ISIN: IT0005311821)
  • HERA (ISIN: IT0001250932)
  • I GRANDI VIAGGI (ISIN: IT0005108219)
  • I.M.A. (ISIN: IT0001049623)
  • IGD (ISIN: IT0005322612)
  • IL SOLE 24 ORE (ISIN: IT0005283111)
  • ILLIMITY BANK (ISIN: IT0005359192)
  • IMMSI (ISIN: IT0001413837)
  • INDEL B (ISIN: IT0005245508)
  • INTEK GROUP (ISIN: IT0004552359)
  • INTERPUMP GROUP (ISIN: IT0001078911)
  • INTESA SANPAOLO (ISIN: IT0000072618)
  • INWIT (ISIN: IT0005090300)
  • IRCE (ISIN: IT0001077780)
  • IREN (ISIN: IT0003027817)
  • ISAGRO (ISIN: IT0001069902)
  • IT WAY (ISIN: IT0003057624)
  • ITALGAS (ISIN: IT0005211237)
  • ITALIAN EXHIBITION GROUP (ISIN: IT0003411417)
  • ITALMOBILIARE (ISIN: IT0005253205)
  • IVS GROUP (ISIN: LU0556041001)
  • JUVENTUS FC (ISIN: IT0000336518)
  • LA DORIA (ISIN: IT0001055521)
  • LANDI RENZO (ISIN: IT0004210289)
  • LEONARDO (ISIN: IT0003856405)
  • LUVE (ISIN: IT0005107492)
  • LVENTURE GROUP (ISIN: IT0005013013)
  • MAIRE TECNIMONT (ISIN: IT0004931058)
  • MARR (ISIN: IT0003428445)
  • MASSIMO ZANETTI BEVERAGE (ISIN: IT0005042467)
  • MEDIASET S.P.A (ISIN: IT0001063210)
  • MEDIOBANCA (ISIN: IT0000062957)
  • MITTEL (ISIN: IT0001447348)
  • MOLMED (ISIN: IT0001080248)
  • MONCLER (ISIN: IT0004965148)
  • MONDADORI EDIT (ISIN: IT0001469383)
  • MONDO TV (ISIN: IT0001447785)
  • MONRIF (ISIN: IT0000066016)
  • MUTUIONLINE (ISIN: IT0004195308)
  • NETWEEK (ISIN: IT0004819030)
  • NEWLAT FOOD (ISIN: IT0005385213)
  • NEXI (ISIN: IT0005366767)
  • NOVA RE (ISIN: IT0005330516)
  • OLIDATA (ISIN: IT0001350625)
  • OPENJOBMETIS (ISIN: IT0003683528)
  • ORSERO (ISIN: IT0005138703)
  • OVS (ISIN: IT0005043507)
  • PANARIAGROUP (ISIN: IT0001467577)
  • PIAGGIO (ISIN: IT0003073266)
  • PIERREL (ISIN: IT0004007560)
  • PININFARINA SPA (ISIN: IT0003056386)
  • PIOVAN (ISIN: IT0005337958)
  • PIQUADRO (ISIN: IT0004240443)
  • PIRELLI & C (ISIN: IT0005278236)
  • PITECO (ISIN: IT0004997984)
  • PLC (ISIN: IT0005339160)
  • POLIGRAF. S. F. (ISIN: IT0001352217)
  • POLIGRAFICI EDIT (ISIN: IT0000086923)
  • POSTE ITALIANE (ISIN: IT0003796171)
  • PRIMA INDUSTRIE (ISIN: IT0003124663)
  • PRYSMIAN (ISIN: IT0004176001)
  • RAI WAY (ISIN: IT0005054967)
  • RATTI (ISIN: IT0004724107)
  • RCS MEDIAGROUP (ISIN: IT0004931496)
  • RECORDATI ORD (ISIN: IT0003828271)
  • RENO DE MEDICI (ISIN: IT0001178299)
  • REPLY (ISIN: IT0005282865)
  • RESTART (ISIN: IT0005349052)
  • RETELIT (ISIN: IT0004370463)
  • RISANAMENTO (ISIN: IT0001402269)
  • ROSSS (ISIN: IT0004297575)
  • S.S. LAZIO (ISIN: IT0003621783)
  • SABAF (ISIN: IT0001042610)
  • SAES GETTERS (ISIN: IT0001029492)
  • SAFILO GROUP (ISIN: IT0004604762)
  • SAIPEM (ISIN: IT0005252140)
  • SALINI IMPREGILO (ISIN: IT0003865570)
  • SALVATORE FERRAGAMO (ISIN: IT0004712375)
  • SANLORENZO (ISIN: IT0003549422)
  • SARAS (ISIN: IT0000433307)
  • SERI INDUSTRIAL (ISIN: IT0005283640)
  • SERVIZI ITALIA (ISIN: IT0003814537)
  • SESA (ISIN: IT0004729759)
  • SIT (ISIN: IT0005262149)
  • SOL (ISIN: IT0001206769)
  • SNAM (ISIN: IT0003153415)
  • SOGEFI (ISIN: IT0000076536)
  • STEFANEL (ISIN: IT0004607518)
  • STMICROELECTRONICS (ISIN: NL0000226223)
  • TAMBURI (ISIN: IT0003153621)
  • TAS (ISIN: IT0001424644)
  • TECHEDGE (ISIN: IT0005331001)
  • TECHNOGYM (ISIN: IT0005162406)
  • TELECOM ITALIA (ISIN: IT0003497168)
  • TENARIS (ISIN: LU0156801721)
  • TERNA (ISIN: IT0003242622)
  • TESMEC (ISIN: IT0004585243)
  • TINEXTA (ISIN: IT0005037210)
  • TISCALI (ISIN: IT0004513666)
  • TITANMET (ISIN: IT0004659428)
  • TOD'S (ISIN: IT0003007728)
  • TOSCANA AEROPORTI (ISIN: IT0000214293)
  • TREVI FIN IND (ISIN: IT0005390965)
  • TRIBOO (ISIN: IT0005001554)
  • TXT E-SOLUTIONS (ISIN: IT0001454435)
  • UBI BANCA (ISIN: IT0003487029)
  • UNIEURO (ISIN: IT0005239881)
  • UNIPOL (ISIN: IT0004810054)
  • UNIPOLSAI (ISIN: IT0004827447)
  • UNICREDIT (ISIN: IT0005239360)
  • VALSOIA (ISIN: IT0001018362)
  • VIANINI (ISIN: IT0003127898)
  • WIIT (ISIN: IT0004922826)
  • ZIGNAGO VETRO (ISIN: IT0004171440)
  • ZUCCHI (ISIN: IT0005395071)

The exact scope of this measure is specified in the statement issued by CONSOB.