edp announcement

Management Transaction

Viernes, 04 Abril 2014

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") provides the following information to the market:

Banco Espírito Santo, S.A. ("BES") proceeded to the partial settlement of financial instruments related to EDP shares, over-the-counter:

 

InstrumentDateMaturity DateStrike Price (€) Quantity
Equity Swap 27-09-2013 01-10-2014 2.71435,492,945
Equity Swap 27-09-2013 01-10-2014 2.714 35,492,945



The amount of the partial settlement was as follows:

 

InstrumentDateMaturity DateStrike Price (€) Quantity
Equity Swap 27-09-2013 28-03-2014 2.71420,490,772
Equity Swap 27-09-2013 28-03-20142.714 20,490,772



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.