Iberdrola decreases its ownership interest in the share capital of EDP
As a result of this transaction, Iberdrola decreased its position from 2.90% to 1.58% of EDP share capital.
Pursuant to the terms and for the purposes of article 16 and 20 of the Portuguese Securities Code and article 2 of the Portuguese Securities Commission Regulation no. 5/2008, EDP - Energias de Portugal SA ("EDP") provide the following information to the market:
On March 31st, 2014, Iberdrola Energía, S.A. ("Iberdrola") notified EDP regarding the sale, over-the-counter, of 45,892,848 shares, corresponding to 1.26% of the share capital of EDP. As of today, and following sales carried out since our last press release of February 12th (including the liquidation of contracted financial derivatives for the sale of EDP shares and the aforementioned sale), Iberdrola holds 57,707,716 shares, correspondent to 1.58% of EDP's share capital and voting rights.
As a result of this transaction, Iberdrola decreased its position from 2.90% to 1.58% of EDP share capital.
Additionally, Iberdrola reported to EDP that continues to hold contracted financial derivatives for the sale of EDP shares which last due date of these derivatives will take place on May 7, 2014.
EDP – Energias de Portugal, S.A.