edp announcement

Income Fund of America reduces shareholding in EDP

Martes, 06 Diciembre 2016

Income Fund of America notified EDP that, it reduced its shareholding to 68,731,013 ordinary shares of EDP, which corresponds to 1.88% of EDP's share capital and of the respective voting rights.

Pursuant to the terms and for the purposes of article 244 of the Portuguese Securities code and of the CMVM Regulation 5/2008, EDP - Energias de Portugal, S.A. ("EDP") is providing the following information to the market:

 

On December 1st, 2016, Income Fund of America ("IFA") notified EDP that, in accordance with article 20 of the Portuguese Securities Code, it reduced its shareholding to 68,731,013 ordinary shares of EDP, which corresponds to 1.88% of EDP's share capital and of the respective voting rights.

 

IFA is a mutual fund registered in the United States under the investment Company Act of 1940. IFA has granted proxy voting authority to Capital Research and Management Company, its investment adviser. Therefore, shares held by IFA are also imputable to Capital Research and Management Company although IFA is the direct owner of shares.

 

Capital Research and Management Company is a US-based investment adviser that manages the American Funds family of mutual funds.

 

The total of shares held directly by IFA decreased below the 2.00% level of EDP's share capital on November 30th, 2016.

 

The previously known IFA's shareholding of 2.51% of EDP's share capital was disclosed to EDP by The Capital Group Companies Inc. in August 11th, 2016, being later disclosed by EDP to the market in August 18th, 2016.


EDP – Energias de Portugal. S.A.