edp announcement

Management Transaction

Thursday, 13 March 2014

As a result of this transaction, BES currently holds 1,964,963 shares, representing 0.05% of EDP share capital and 0.05% of its voting rights.

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 transaction relating to EDP shares: 
 

Finantial Instrument Purchase/Sale Date                   Local Price (€) Quantity
SharesPurchase06-03-2014 NYSE Euronext Lisbon 3.25 750,000


As a result of this transaction, BES currently holds 1,964,963 shares, representing 0.05% of EDP share capital and 0.05% of its voting rights.

Additionally, BES entered into the following contract on financial instruments relating to EDP shares:

 

EntityIntrument Option TypeBuy / Sell Date                Maturity Date      Strike Price (€) Quantity
 BES Finance Equity OTC Options Call Buy06-03-2014 19-05-2015 3,68 2.797.586

                         

The communication of the transactions above 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.