MOTA-ENGIL INFORMS ABOUT THE CONDITIONS REGARDING THE INVESTMENT AGREEMENT WITH CCCC

MOTA-ENGIL S.G.P.S., S.A. (MOTA-ENGIL) informs, following the announcements released on August 27 and November 27, 2020 (available in web3.cmvm.pt/english/sdi/emitentes/and in www.mota-engil.com/en/investors/market-releases/), that, with the authorization of the Comisión Federal de Competência Económica (Mexico), granted yesterday, as of this date the precedent conditions on which the effectiveness of the investment agreement with China Communications Construction Company, Ltd. (CCCC) depend are fulfilled.

Therefore, under the statutory authorization granted and after having received a favourable opinion from the Statutory Audit Board, the Board of Directors decided, on April 1, 2021, to increase MOTA-ENGIL'S share capital in cash, up to 100,000,000 euros, through the issue, with an unit price of € 1.50, of 100,000,000 new common shares with the same nominal value of the existing ones, allocated to the shareholders of MOTA-ENGIL in the exercise of the respective pre-emptive rights and to other investors who acquire subscription rights.

Following the above referred, MOTA-ENGIL foresees that, in the near future, the public subscription offer can begin, through which the above referred share capital increase will take place.

Porto, April 30th, 2021

THE REPRESENTATIVE FOR THE MARKET RELATIONS

LUÍS SILVA

Attachments

  • Original document
  • Permalink

Disclaimer

Mota-Engil SGPS SA published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 21:26:02 UTC.