Brief: Sonaecom Terminates Shareholders' Agreement Between ZOPT, Sonaecom, Unitel International And Kento

Sonae SGPS SA

29/09/2022 07:25

Sept 29 (Reuters) - Sonaecom SGPS SA  SNC.LS :
    * SAID ON WEDNESDAY IT HAD PROCEEDED WITH THE TERMINATION OF
SHAREHOLDERS' AGREEMENT THAT GOVERNED RELATIONS BETWEEN ZOPT,
SONAECOM, UNITEL INTERNATIONAL HOLDINGS AND KENTO HOLDING 
    * PURSUANT TO THE RESOLUTION TAKEN AT THE ZOPT SHAREHOLDERS'
MEETING IT WAS DECIDED TO PROCEED WITH AMORTIZATION OF
SONAECOM'S SHAREHOLDING IN ZOPT AND WITH REIMBURSEMENT OF
SUPPLEMENTARY CONTRIBUTIONS MADE BY SONAECOM IN EXCHANGE FOR THE
DELIVERY OF SHARES REPRESENTING 26.075% OF NOS SHARE CAPITAL
THAT ARE NOT SEIZED AND AN AMOUNT IN CASH
    * AS A RESULT, SONAECOM IS NO LONGER A SHAREHOLDER OF ZOPT,
WHICH
IS NOW FULLY CONTROLLED BY UNITEL INTERNATIONAL HOLDINGS AND
KENTO HOLDING, COMPANIES CONTROLLED BY ISABEL DOS SANTOS
    * SHAREHOLDING OF 26.075% OF NOS SHARE CAPITAL IS NOW
ATTRIBUTABLE
TO SONAECOM AND WILL BE DIRECTLY HELD BY THE COMPANY ONCE THE
RELEVANT PROCEDURES ARE CONCLUDED

        
 Source text: https://bit.ly/3SETLQX
 Further company coverage:  SNC.LS 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))