SAG GEST Soluções Automovel Globais : � Solu��es Autom�vel Globais, SGPS, SA announces about disposal of Treasury Stock.
July 03, 2019 at 01:53 pm EDT
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SAG GEST - Soluções Automóvel Globais, SGPS, SA
Listed Company
Estrada de Alfragide, nº 67, Amadora Registered Share Capital: 169.764.398 Euros Registered at the Amadora Registrar of Companies under the single registration and taxpayer no. 503 219 886
ANNOUNCEMENT
DISPOSAL OF TREASURY STOCK
In accordance and for the purposes of Article 11, 2.a), of the Portuguese Securities Market (CMVM) Regulation no. 7/2018 (Amendment to the CMVM Regulation no. 5/2008) SAG GEST - Soluções Automóvel Globais, SGPS, SA, listed company (Issuer), announces that, within the scope of the Voluntary General Tender Offer launched by the Offeror João Manuel de Quevedo Pereira Coutinho, which was registered by CMVM under no. 9220, and the physical and financial liquidation of which took place on this date, proceeded, under the current authorizations, to the divest of 16.771.015 shares, held directly and indirectly by the Issuer, corresponding to 9,88% of the respective share capital, admitted to trading on the regulated market in the Euronext Lisbon, at the unit price of Eur 0,0615 (six comma fifteen cents).
After these transactions, the Issuer has ceased to hold directly or through affiliated companies any of its own shares.
Alfragide, 3 July 2019
João Pedro Saraiva
Investor Relations
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SAG GEST - Soluções Automovel Globais SGPS SA published this content on 03 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 July 2019 17:52:10 UTC
SAG Gest Solucoes Automovel Globais SGPS SA is a Portugal-based holding company engaged in the automotive sector. The Company is primarily involved in the import, distribution, retail and rental of new passenger and commercial cars, as well as spare parts and accessories. It is also active in the retail and wholesale of used cars. Additionally, the Company is engaged in the provision of after-sales services, car financing services and insurance brokerage. It operates in Portugal and Brazil. The Company's portfolio includes various brand names, including Volkswagen, Audi, Skoda, Bentley and Lamborghini. The Company has a number of subsidiaries, such as SIVA SA, Soauto Comercio de Automoveis SA and Rolporto SA.