Regulatory approvals for the disposal of EDP Gás distribution in Portugal
Pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council and of article 248-A of the Portuguese Securities code, EDP - Energias de Portugal, S.A. (“EDP”) is providing the following information to the market:
Following the communication dated as of 7 April 2017, the conditions precedent (including the necessary regulatory approvals) for the purpose of the disposal by EDP, through its subsidiary EDP Iberia, S.L.U., of the entire share capital of EDP Gás, S.G.P.S., S.A. and its subsidiaries, EDP Gás Distribuição, S.A. and EDP Gás GPL – Comércio de Gás Petróleo Liquefeito, S.A. have been satisfied.
Under the terms agreed by the parties, it is expected that the above-mentioned transaction will be completed within approximately 15 days.
EDP – Energias de Portugal, S.A.
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