Mota Engil SGPS S A : Engil informs on investment agreement with CCCC – Clarification
May 11, 2021 at 05:26 am EDT
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MOTA-ENGIL INFORMS ON INVESTMENT AGREEMENT WITH CCCC (CLARIFICATION)
MOTA-ENGIL S.G.P.S., S.A. (MOTA-ENGIL) corrects and clarifies the information of yesterday's release about the additional step in the accomplishment of the Investment Agreement (Agreement) established with China Communications Construction Company, Ltd. (CCCC).
Thus, it took place yesterday the sale of 55 million shares by its reference shareholder, MOTA GESTÃO E PARTICIPAÇÕES, S.G.P.S., S.A. (MGP), to EPOCH CAPITAL INVESTMENT B.V. (EPOCH), subsidiary at 100% of CCCC and, also as provided for in the Agreement, MGP disposed to EPOCH CAPITAL INVESTMENT B.V. 47,810,041 subscription
rights for the acquisition of new shares allowing this company to subscribe 44,426,974 new shares under the
Subscription Offer.
With the achievement of this milestone, the full implementation of the Agreement is reaching its conclusion, which should take place, according to the calendar available in the Prospectus published at 3 of May, until the end of the current month.
Porto, May 11th, 2021
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
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Mota-Engil SGPS SA published this content on 11 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 May 2021 09:25:05 UTC.
Mota-Engil, SGPS, S.A. is a group organized around 6 sectors of activity:
- Engineering and Construction: Mota-Engil, SGPS, S.A. has developed construction projects in some fifty countries and is present on three continents (Europe, Africa and Latin America) where it has asserted its technical competence and reputation, excelling in the construction of various infrastructures such as roads, freeways, airports, ports, dams and railroads ;
- Industrial Engineering Services: the group has capitalized on its recognized presence and experience since 1998, with a proven ability to operate in numerous markets, reflected in medium-term contracts of between three and eight years;
- Environment: Mota-Engil, SGPS, S.A. began its activities in the environmental sector in Portugal in 1995, through the company SUMA in the urban waste management and collection segment, and added its skills to those of the company EGF, a leader in waste treatment and recovery. Internationally, Mota-Engil is increasingly developing its activities in this sector, in markets such as Angola, Mozambique, Cape Verde, Brazil, Oman and Côte d'Ivoire;
- Mota-Engil Capital: a business unit whose aim is to optimize value creation for the group through investment diversification, underpinned by integrated management of a range of assets and projects complementary to the Engineering, Construction and Environment segments.
- Mota-Engil Mext: unit responsible for differentiated areas such as Real Estate, Agroforestry Production and Energy. It also aims to strengthen investment in innovation and accelerate global transformation;
- Concessions: Mota-Engil, SGPS, S.A. operates, through Lineas and its subsidiaries, a network of some 2,500 km of roads and freeways, including the two bridges of the city of Lisbon. The business extends to international markets, mainly in Latin America.