edp announcement

Management Transaction

Friday, 06 December 2013

Pursuant to the terms and for the purposes of article 248-B of the Portuguese Securities code and article 14 of the Portuguese Securities Commission Regulation no. 5/2008, EDP - Energias de Portugal SA ("EDP") is providing the following information to the market:

Avistar, SGPS, SA ("Avistar"), a company wholly owned by Banco Espírito Santo, S.A. ("BES"), made the following transactions:

 

Finantial Instrument Purchase/Sale Date                Local Price (€) Quantity
SharesSale 03-12-2013 NYSE Euronext Lisbon2.7324 1,000,000
SharesSale 04-12-2013 NYSE Euronext Lisbon2.7181 2,500,000
SharesSale 05-12-2013 NYSE Euronext Lisbon2.6860 2,450,000
SharesSale 05-12-2013 NYSE Euronext Lisbon2.695 150,000
SharesSale 06-12-2013 NYSE Euronext Lisbon2.673 900,000



As a result of this transaction, BES currently holds 29,540,455 shares, representing 0.81% of EDP share capital and 0.81% of its voting rights.

The communication of the transaction is due to a person discharging managerial responsibilities of BES is also a person discharging managerial responsibilities of EDP.

EDP – Energias de Portugal, S.A.