Listed on the stock exchange

In 1966, Picañol was listed on the Brussels Stock Exchange. The main reason for the public offering was the appointment of Charles Steverlynck at the Banking Commission. Namely, it was forbidden for a member of this commission to have substantial interests in a company. That is why the Steverlynck family decided to convert Picañol into a limited liability company, and list their stock on the exchange. The family did, however, buy the majority of the stock.