EDP Qualified Shareholding - Capital Group
On October 20th, 2014, Capital World Growth and Income Fund ("WGI") notified EDP that it holds a qualifying shareholding of 74,416,508 ordinary shares of EDP, which corresponds to 2.04% of EDP's share capital and 2.04% of the respective voting rights.
Pursuant to the terms and for the purposes of article 248 of the Portuguese Securities code, EDP - Energias de Portugal, S.A. ("EDP") is providing the following information to the market:
On October 20th, 2014, Capital World Growth and Income Fund ("WGI") notified EDP that, in accordance with article 20 of the Portuguese Securities Code, it holds a qualifying shareholding of 74,416,508 ordinary shares of EDP, which corresponds to 2.04% of EDP's share capital and 2.04% of the respective voting rights.
The significant shareholding resulted from the acquisition, on October 17th 2014, of 1,983,482 shares which corresponds to 0.05% of EDP's voting rights.
The Capital World Growth and Income Fund has granted proxy voting authority to Capital Research and Management Company ("CMRC"), its investment adviser. CMRC is "a U.S.-based investment adviser that manages the American Funds family of mutual funds". The Capital Group Companies, Inc. is the parent company of Capital Research and Management Company ("CRMC").
EDP's press release submitted on behalf of CRMC dated 13th of March 2014 included WGI's holdings on that date.
EDP – Energias de Portugal, S.A