31-10-19: The company release information regarding the notice received by the Spanish judicial authorities
October 31, 2019 at 01:02 pm EDT
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REGULATORY DISCLOSURE
Madrid, 31 October 2019.
An alleged act of corruption occurred in Panama in 2010 were brought to the attention of the Officers and Directors of FCC.
The new controlling shareholders of FCC Group, who arrived in 2015, as well as the new Officers and Directors, have been collaborating with the competent authorities since the very moment they were aware of the above referred facts, with the aim of enabling the authorities to thoroughly investigate these events that completely infringe our principles of ethics and compliance.
The entire FCC Group is fully committed to the principle of zero tolerance as far as corruption is concerned.
The resolution which was served on yesterday was a result of the said investigation, in which FCC has fully collaborated since day one.
The FCC Group ratifies its commitment to and collaboration with the legal authorities in order to clarify the above referred facts.
Capital Markets Department ir@fcc.es + 34 91 757 47 51
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FCC - Fomento de Construcciones y Contratas SA published this content on 31 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2019 17:01:09 UTC
Fomento de Construcciones y Contratas SA (FCC) is a Spain-based company primarily engaged in the provision of environmental services. The Company's activities are divided into four business areas: Environmental services, Construction, Water management and Cement. The Environmental services division focuses on street cleaning, maintenance of urban parks and gardens, industrial waste management, waste treatment and recycling, among others. The Construction division offers engineering and construction of civil works, such as roads, railways, airports and hydraulic projects, as well as residential and non-residential buildings. The Water management division operates an integrated water management cycle, which includes intake, purification, treatment and distribution of the waste water. The Cement division manufactures cement, concrete, aggregate and mortar. The Company operates through numerous subsidiaries in Europe, the Americas, Africa and the Middle East region.