May 18 (Reuters) - ACS Actividades de Construccion y Servicios SA ACS.MC:
APPROVES CAPITAL INCREASE OF UP TO 5,433,291 NEW SHARES, ABOUT 2% OF SHARE CAPITAL
TO PLACE NEW SHARES WITH QUALIFIED INVESTORS VIA ACCELERATED BOOKBUILD
NEW SHARES TO BE ADMITTED TO TRADING ON 19 MAY, COMMENCE 20 MAY
AGREED TO TERMINATE TWO EQUITY SWAP TRANSACTIONS ENTERED INTO WITH SOCIETE GENERALE IN 2023 OVER TOTAL OF 11.1 MILLION SHARES OF ACS
PROCEEDS TO SUPPORT €5.5-€6.0 BILLION EQUITY INVESTMENT FRAMEWORK
ROSAN, AND CRITERIA TO ASSUME 90-DAY LOCK-UP FROM CAPITAL INCREASE CLOSING
ROSAN TO ACQUIRE 1.2 MILLION SHARES, CRITERIA UP TO 4.07 MILLION SHARES
Source text, nCNM9pSh8z
Further company coverage: ACS.MC
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