ACS Actividades de Constrccn y Srvcos : Increases and decreases of share capital
February 06, 2017 at 02:42 am EST
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ACS, Actividades de Construcción y Servicios, S.A.
Comisión Nacional del Mercado de Valores Edison, 4
28006 MADRID
Madrid, 3 February 2017
Dear Sirs,
For the purposes specified in Article 228 of the Consolidated Securities Market Act approved by Royal Legislative Decree 4/2015, of October 23, and supplementary provisions, as a continuation of the Significant Events of 9 January 2017 (register nº. 246938) and of 17 January 2017 (register nº 247219), related to the second execution of the scrip (the "Second Execution") approved at the ACS, Actividades de Construcción y Servicios, S.A ("ACS" or the "Company") General Shareholders' Meeting of 5 May 2016 in order to implement an optional dividend system, I disclose the following Significant Event:
Today ended, the period of negotiation over the free allotment rights corresponding to the Second Execution ended.
The irrevocable commitment to purchasing rights assumed by ACS (the "Purchasing Commitment") has been accepted by holders of 43.73% of the free allotment rights, which has determined the acquisition by ACS of 137,609,300 rights for a total gross amount of 61,236,138.50 euros.
As it is usual in this type of operation, ACS has waived the shares corresponding to the free allotment rights acquired under the Purchasing Commitment. Likewise, ACS has renounced to the new shares corresponding to the remaining free allocation rights of ownership.
The definitive number of ordinary shares of a nominal value of EUR 0.5 each to be issued in the Second Execution is 2,534,969, and the nominal value of the capital increase corresponding to the Second Execution is 267,845.50 euros.
Consequently, the capital reduction by cancellation of treasury shares approved by the same General Meeting of May 5, 2016 will be a number of 2,534,969 shares and a nominal amount of 267,484.50 euros.
The expected date for the shares to be admitted for trading on the stock market is 17 February 2017, with trading properly commencing on 20 January 2017.
Yours sincerely,
Jose Luis del Valle Perez
Board Member, Secretary General
ACS - Actividades de Construcción y Servicios SA published this content on 06 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 February 2017 07:42:01 UTC.
Original documenthttp://www.grupoacs.com/adjuntos/3781_hr_cierre_3_feb_2017_div_eng.pdf
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ACS, Actividades de Construcción y Servicios, S.A. is one of Spain's leading construction groups. Net sales break down by activity as follows:
- construction of infrastructures and buildings (93.3%): civil engineering infrastructures (primarily highways, hydraulic constructions and railroads), non-residential and residential buildings;
- services (5.4%): cleaning, waste collection and treatment. Moreover, the group offers maintenance services of urban and industrial infrastructures, port and logistical services, and also social services and personal assistance services.
- industrial services (0.5%): development, construction, installation and maintenance of distribution networks of electricity, gas and water, industrial production systems, telecommunication networks, road traffic control systems, etc.;
- other (0.8%).
Net sales are distributed geographically as follows: Spain (9.4%), the United States (56.3%), Australia (20.2%), Canada (5.3%), Germany (2.4%) and others (6.4%).
ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A. 
