ACS Actividades de Construccion y Servicios : Increases and decreases of share capital
July 12, 2017 at 12:39 pm EDT
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ACS, Actividades de Construcción y Servicios, S.A.
Comisión Nacional del Mercado de Valores Edison, 4
28006 MADRID
Madrid, 12 July 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 14 June 2017 (register nº. 253375) and of 22 June 2017 (register nº 253734), related to the first execution of the scrip (the "First Execution") approved at the ACS, Actividades de Construcción y Servicios, S.A ("ACS" or the "Company") General Shareholders' Meeting of 4 May 2017 in order to implement an optional dividend system, I disclose the following Significant Event:
11 July 2017, the period of negotiation over the free allotment rights corresponding to the First Execution ended.
The irrevocable commitment to purchasing rights assumed by ACS (the "Purchasing Commitment") has been accepted by holders of 32.37% of the free allotment rights, which has determined the acquisition by ACS of 101,861,628 rights for a total gross amount of 76,498,082.63 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 First Execution is 4,344,623, and the nominal value of the capital increase corresponding to the First Execution is 2,172,311.50 euros.
Consequently, the capital reduction by cancellation of treasury shares approved by the same General Meeting of May 4, 2017 will be a number of 4,344,623.50 shares and a nominal amount of 2,172,311.50 euros.
The expected date for the shares to be admitted for trading on the stock market is 25 July 2017, with trading properly commencing on 26 July 2017.
Yours sincerely,
Jose Luis del Valle Perez
Board Member, Secretary General
ACS - Actividades de Construcción y Servicios SA published this content on 12 July 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 July 2017 16:39:11 UTC.
Original documenthttp://www.grupoacs.com/ficheros_editor/File/03_accionistas_inversores/05_hechos_relevantes/2017/HR_cierre_negociacion_12_06_17_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. 
