REG-International Endesa Acquisition

Endesa SAAnnouncement

24/07/2018 08:05

      Acquisition
    

    

      Borja Acha Besga
    

      Secretary of the Board of Directors
    

      Madrid, July 24, 2018
    

      In accordance with that which is established in Article 228 of the 
      Securities Market Law, Endesa, S.A. announces the following
    

      SIGNIFICANT EVENT
    

      As a continuation of the Significant Event of June 19th, it is hereby 
      announced that the purchase process corresponding to the entire share 
      capital of the “Empresa de Alumbrado Eléctrico de Ceuta, S.A.” company 
      initiated by Endesa by way of the wholly owned subsidiary “Endesa Red, 
      S.A.” has been completed.
    

      A percentage of more than 94% of shareholders has accepted this binding 
      purchase offer, and the unconditional authorization of the National 
      Commission on Markets and Competition (CNMC) for the closing of the 
      transaction has been obtained.
    

      Consequently, the offer process has concluded successfully, and it is 
      forecasted that by 31 July 2018 payments of the agreed price to those 
      accepting the offer will proceed amounting to approximately 82.8 million 
      euros.
    

      Secretary to the Board of Directors
    

      Endesa, S.A. domiciliada en Madrid, C / Ribera del Loira, 60. 
      Inscrita en el Registro Mercantil de Madrid hoja M-6405, tomo 323, folio 
      1, C.I.F .A28023430
    

    
View source version on businesswire.com: https://www.businesswire.com/news/home/20180724005325/en/

      International Endesa