Brief: Iberdrola To Hold 98% Of Neoenergia As Result Of Tender Offer

Iberdrola SA

10/04/2026 06:34

April 10 (Reuters) - Iberdrola SA IBE.MC:

SAID ON THURSDAY, INFORMS OF OUTCOME OF UNIT IBERDROLA ENERGIA'S TENDER OFFER OVER ALL OF SHARES OF NEOENERGIA NOT HELD BY IBERDROLA REPRESENTING 16.2% OF SHARE CAPITAL

AS A RESULT OF OFFER, IBERDROLA ENERGIA WILL CONTROL 98.0% OF SHARE CAPITAL OF NEOENERGIA THROUGH PURCHASE OF 172.5 MILLION ADDITIONAL SHARES OF NEOENERGIA, REPRESENTING 14.2% OF SHARE CAPITAL

PRICE OF 33.77 REAIS PER SHARE, REPRESENTING AN AGGREGATE CONSIDERATION OF 5.83 BILLION REAIS (C. 980 MILLION EUROS)

SETTLEMENT OF OFFER WILL OCCUR ON APRIL 24, 2026

EXTRAORDINARY GENERAL SHAREHOLDERS MEETING OF NEOENERGIA WILL BE CALLED TO RESOLVE ON ACQUISITION OF 100% OF SHARE CAPITAL AND SUBSEQUENT MANDATORY REDEMPTION OF SHARES NOT TENDERED INTO OFFER

 Source text nL1N3X00CH
 Further company coverage: IBE.MC

 (Gdansk Newsroom)

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