Repsol YPF denies having received any indication from the Argentine government, with which it has a solid relationship, that it is supposedly acquiring 51% of YPFs capital.
This news has also been denied by the Argentine Planning Minister, Julio De Vido, who strongly stated that there does not exist any such plan on the part of the Administration of Nestor Kirchner.
Repsol YPF Chairman Antonio Brufau recently ratified in Buenos Aires that Repsol YPF will maintain a clear majority stake in YPF, and announced just yesterday in the webcast with international analysts that the company could sell between 15% to 20% of its capital in YPF under optimal market conditions, and which would be aimed at private investors.
Repsol YPF laments that such information can be published, and which not being factually true could intentionally or not negatively affect the correct functioning of the stock market, and the positive performance of companies.
Given that this published information has affected the performance of Repsol YPFs share price in todays session, the company reserves the right to take possible legal actions against those who are responsible for this negative performance, and to defend the interests of its shareholders.