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ANA — Acciona News Story

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Acciona slides after discounted share sale

BUZZ-Acciona slides after discounted share sale

** Shares in Acciona ANA.MC fall about 6% following a discounted share sale via accelerated bookbuilding

** The placement that took place on Monday was priced at €217.90 per share and raised about €359 million ($413.03 million)

** Broker Banco Sabadell says this represented a discount of 5.7% to Monday's session close

** The placement was aimed at facilitating a diversification of the portfolio of certain members of the Entrecanales family who do not hold executive positions at Acciona, the brokerage adds

** The stock is on track for its biggest daily decline since March, if losses hold

($1 = 0.8692 euros)


(Reporting by Gemma Guasch)

((Gemma.guasch@thomsonreuters.com))

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