This Decree-Law proceeds the implementation of the 2006-2007 reprivatisations programme, which defined as an objective, among others, the sale of a stake in the share capital of EDP.

This reprivatisation will be done through the issuance of exchangeable bonds into EDP shares, to be issued by Parpública – Participações do Estado, S.G.P.S., S.A., up to an amount that will not exceed 5% of EDP share capital.

The terms and conditions of the operation will be defined subsequently through a Resolution of the Council of Ministers.
 

EDP – Energias de Portugal, S.A.