Management Transaction
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, SA ("BES"), entered into the following contracts on financial instruments relating to EDP shares:
Instrument | Trade Date | Maturity Date | Strike Price (€) | Quantity |
Equity Swap | 27-09-2013 | 01-10-2014 | 2.714 | 35,492,945 |
Equity Swap | 27-09-2013 | 01-10-2014 | 2.714 | 35,492,945 |
BES also said that as a result of these transactions, there was no change to the number of shares that BES holds in EDP's share capital.
The reporting of such transaction is made since a person discharging managerial responsibilities of BES is also a person discharging managerial responsibilities of EDP.
EDP – Energias de Portugal, S.A.