Sonae Capital, SGPS, SA informs about increase in its shareholding in Norscut - Concessionária de Auto-Estradas, SA

Sonae Capital, SGPS, SA informa sobre aumento da participação na Norscut - Concessionária de Auto-Estradas, SA


 

 

SONAE CAPITAL SGPS, SA
Lugar do Espido, Via Norte, Maia
Share Capital: 250,000,000 Euro
Maia Commercial Registry and Fiscal Number 508 276 756
Sociedade aberta

 

ANNOUNCEMENT OF MATERIAL EVENT


Sonae Capital, SGPS, SA announces that today its affiliate Contacto Concessões, SGPS, SA acquired from Eiffage, SA and its subsidiaries, 5,500 shares representing 11% of the share capital of Norscut – Concessionária de Auto-Estradas, SA (hereafter Norscut), thereby increasing its shareholding in Norscut to 36%. Simultaneously, Contacto Concessões acquired the same percentage of both additional paid in capital, at nominal value, and shareholders loans capitalised to the transaction date. The transaction amounted to a total of € 11,150,446.87.

This acquisition was made under the terms of the Shareholders Agreement, signed on 22 December 2000, when the Concession Contract for the Scut1 Interior Norte Motorway was signed between Norscut and the Portuguese State.

1 Acronym for shadow toll regime.


The Representative for Capital Market Relations,
Maia, 30 September 2008