Parpública increases its ownership interest in the share capital of EDP
On December 31, 2010, PARPÚBLICA – Participações Públicas (SGPS), S.A. notified EDP to the increase of a direct qualifying holding of 3.29% to 5.79% of the share capital of EDP. The change in participation is a result of the acquisition of 91,413,443 category A shares (representing 2.50% of EDP's share capital) from Caixa Geral de Depósitos, S.A.
On December 31, 2010, PARPÚBLICA – Participações Públicas (SGPS), S.A. ("Parpública") notified EDP to the increase of a direct qualifying holding of 3.29% to 5.79% of the share capital of EDP. The change in participation is a result of the acquisition of 91,413,443 category A shares (representing 2.50% of EDP's share capital) from Caixa Geral de Depósitos, S.A. ("CGD").
As a result of this transaction, Parpública now holds, direct and indirect (through its subsidiary Capitalpor – Participações Portuguesas, SGPS, S.A.), 915,977,598 shares, representing 25.05% of EDP's share capital. Given the limitation set forth in article 14 3) and 4) of the Articles of Association of EDP and taking into account the shares held by CGD, from the percentage of capital referred to above (25.05%) Parpública may exercise a minimum of 24.09% of voting rights.
EDP – Energias de Portugal, S.A.