edp announcement

Management Transaction

Wednesday, 15 January 2014

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:

Banco Espírito Santo, S.A. ("BES") made the following transactions:

 

Financial InstrumentPurchase/Sale Date LocalPrice (€)  Quantity
SharesSale 06-01-2014Over-the-Counter 2.70 4,700,000
SharesSale 07-01-2014 NYSE Euronext Lisbon 2.70 4,740,000 


Additionally, BES Vida, a company 100% owned by BES, which in September 30, 2013 held 12,245 shares of EDP, made the following transactions:
 

Financial InstrumentPurchase/SaleDateLocalPrice (€)Quantity

Shares

Purchase04-11-2013NYSE Euronext Lisbon2.7024,835
SharesPurchase05-12-2013NYSE Euronext Lisbon2.771,930
SharesPurchase03-01-2014NYSE Euronext Lisbon2.69384,271
SharesPurchase06-01-2014NYSE Euronext Lisbon2.71376,320
SharesSale06-01-2014NYSE Euronext Lisbon2.70658
SharesPurchase07-01-2014NYSE Euronext Lisbon2.71390,422
SharesSale07-01-2014NYSE Euronext Lisbon2.71950
SharesPurchase08-01-2014NYSE Euronext Lisbon2.782,668
SharesPurchase09-01-2014NYSE Euronext Lisbon2.834,523
SharesPurchase10-01-2014NYSE Euronext Lisbon2.8515,982


As a result of these transactions, BES currently holds 1,214,963 shares, representing 0.03% of EDP share capital and 0.03% 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.