Management Transaction
Pursuant to the terms and for the purposes of article 19 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council and of article 248-B of the Portuguese Securities code, EDP - Energias de Portugal SA (“EDP”) informs the market that on the 2nd of October, 2017 the member of the General and Supervisory Board China Three Gorges (Europe) S.A. provided the following information to EDP:
“China Three Gorges (Europe) S.A., a company incorporated under the laws of the Grand Duchy of Luxembourg, with registered office at 14, Rue Edward Steichen, L-2540 Luxembourg (“CTG Europe”), as member of the General and Supervisory Board of EDP - ENERGIAS DE PORTUGAL, S.A. (“EDP”), hereby notifies the acquisition of 70,143,242 shares representing around 1.9183% of EDP’s share capital (“Shares”).
The acquisition of the Shares results from an off-market transaction of 2017/09/29, only subject to the applicable physical and financial settlement mechanisms. Given that, before the transaction, CTG Europe held 780,633,782 shares representing 21.35% of EDP’s share capital, after said transaction it became the holder of 850,777,024 shares.
As CTG Europe is a subsidiary fully held by China Three Gorges Corporation (“CTG”), a state-owned company from the People’s Republic of China, all voting rights inherent to said 850,777,024 shares, are attributable to CTG.”
Please find enclosed in Annex the form for notification and public disclosure of transactions on the shares of EDP – Energias de Portugal, S.A., prepared in conformance with the Commission Implementing Regulation (EU) No. 2016/523, of 10 March 2016, laying down implementing technical standards with regard to the format and template for notification and public disclosure of managers’ transactions, in accordance with Regulation (EU) No. 596/2016 of the European Parliament and of the Council.
Pursuant to the terms and for the purposes of article 19 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council and of article 248-B of the Portuguese Securities code, EDP - Energias de Portugal SA (“EDP”) informs the market that on the 2nd of October, 2017 the member of the General and Supervisory Board China Three Gorges (Europe) S.A. provided the following information to EDP:
“China Three Gorges (Europe) S.A., a company incorporated under the laws of the Grand Duchy of Luxembourg, with registered office at 14, Rue Edward Steichen, L-2540 Luxembourg (“CTG Europe”), as member of the General and Supervisory Board of EDP - ENERGIAS DE PORTUGAL, S.A. (“EDP”), hereby notifies the acquisition of 70,143,242 shares representing around 1.9183% of EDP’s share capital (“Shares”).
The acquisition of the Shares results from an off-market transaction of 2017/09/29, only subject to the applicable physical and financial settlement mechanisms. Given that, before the transaction, CTG Europe held 780,633,782 shares representing 21.35% of EDP’s share capital, after said transaction it became the holder of 850,777,024 shares.
As CTG Europe is a subsidiary fully held by China Three Gorges Corporation (“CTG”), a state-owned company from the People’s Republic of China, all voting rights inherent to said 850,777,024 shares, are attributable to CTG.”
Please find enclosed in Annex the form for notification and public disclosure of transactions on the shares of EDP – Energias de Portugal, S.A., prepared in conformance with the Commission Implementing Regulation (EU) No. 2016/523, of 10 March 2016, laying down implementing technical standards with regard to the format and template for notification and public disclosure of managers’ transactions, in accordance with Regulation (EU) No. 596/2016 of the European Parliament and of the Council.
EDP – Energias de Portugal, S.A.