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BRIEF-Mota Engil: Investment Agreement With CCCC To Reach Conclusion Until End Of Current Month

05/11/2021 05:26
BRIEF-Mota Engil: Investment Agreement With CCCC To Reach Conclusion Until End Of Current Month

- Mota Engil SGPS SA MOTA.LS:

  • TOOK PLACE YESTERDAY THE SALE OF 55 MILLION SHARES BY ITS REFERENCE SHAREHOLDER, MOTA GESTÃO E PARTICIPAÇÕES (MGP), TO EPOCH CAPITAL INVESTMENT, A FULLY-OWNED UNIT OF CHINA COMMUNICATIONS CONSTRUCTION COMPANY, LTD. (CCCC)

  • UNDER THE INVESTMENT AGREEMENT WITH CCCC, MGP ALSO DISPOSED TO EPOCH 47.8 MILLION SUBSCRIPTION RIGHTS FOR THE ACQUISITION OF NEW SHARES ALLOWING THIS COMPANY TO SUBSCRIBE 44.4 MILLION NEW SHARES UNDER THE SUBSCRIPTION OFFER

  • CONCLUSION OF INVESTMENT AGREEMENT WITH CCCC TO TAKE PLACE UNTIL THE END OF THE CURRENT MONTH



Source text: https://bit.ly/3uxwHbb


Further company coverage: MOTA.LS



(Gdansk Newsroom)

(([email protected]; +48 58 769 66 00))