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SCYR Sacyr SA News Story

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Brief: Sacyr Agrees To Sale Three Colombian Concession Assets

June 10 (Reuters) - Sacyr SA SCYR.MC:

REACHES AGREEMENT FOR SALE OF THREE COLOMBIAN CONCESSION ASSETS

TRANSACTION AMOUNTS TO TOTAL OF US $1.6 BILLION, OF WHICH THE EQUITY AMOUNTS TO US $318 MILLION

DIVESTED ASSETS ARE UNION VIAL RIO PAMPLONITA, DESARROLLO VIAL AL MAR AND CONCESIONARIA VIAL UNION DEL SUR

TRANSACTION WILL HAVE IMPACT ON CO’S CASH FLOW STATEMENT DUE TO CASH INFLOW OF US $318 MILLION

TRANSACTION WILL GENERATE NEGATIVE ACCOUNTING IMPACT FOR SACYR OF ABOUT 65 MILLION EUROS

SACYR IS ENTITLED TO RECEIVE VARIABLE AMOUNTS (EARN-OUTS) VALUED AT ABOUT US $70 MILLION

TRANSACTION EXPECTED TO TAKE PLACE DURING H2 2025

Source text: ID:nCNM539BBC

Further company coverage: SCYR.MC

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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