Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Bolsa de Madrid  >  Abengoa SA    ABG   ES0105200416

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensus 
News SummaryMost relevantAll newsSector newsTweets 

Abengoa SA : Admission to trading on the Stock Exchange of new class B shares at the end of the second partial conversion

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/29/2012 | 07:09pm CET

ABENGOA

National Securities Market Commission
Markets Area. Directorate of Supervision.
C/Edison 4
28006 - Madrid
Dear Sirs,
Seville, November 29, 2012.
In accordance with Article 82 of Law 24/1988 on the securities market, Abengoa, S.A. (the "Company" or "Abengoa") hereby informs the National Securities Market Commission of the following
Significant Event
On 30 September 2012, the Extraordinary General Shareholders' Meeting of Abengoa, under point six of the agenda, resolved to modify Article 8 of the company's bylaws in order to introduce a conversion right that enables shareholders of the company's Class A shares to convert them into Class B shares, until 31 December 2017 (the "Conversion Right"). The meeting also resolved to reduce the share capital by lowering the par value of a number of Class A shares, to be determined, by 0.99 euros per share, by creating a restricted reserve in accordance with Article 335 c) of the Capital Companies Act, integrating the shares for which the par value is reduced from their conversion into Class B shares; as well as requesting the admission to trading of the Class B shares and delegating the necessary powers to implement all of the above.
At the end of the first partial conversion period that ran from October 16, 2012 to November
15, 2012 (the "Conversion Period"), the company had received requests to convert a total of two million four hundred sixty six thousand seven hundred twenty-four (2,466,724) Class A shares into Class B shares, after which, and in order to manage the conversion requests and in
accordance with the resolutions adopted by the Extraordinary General Shareholders' Meeting of Abengoa of 30 September 2012 referred to in the above paragraph, the Company has declared the Capital Reduction approved by the Shareholders' Meeting corresponding to this Conversion
Period as partially executed for an amount of two million four hundred forty two thousand fifty six euros with seventy six cents (€2,442,056.76), by reducing the par value of two million four hundred sixty six thousand seven hundred twenty-four (2,466,724 ) Class A shares, for which
the par value will be reduced from one (1) euro per share to one cent (€0.01) per share (the "Shares Affected by the Conversion"). As a result of the foregoing, the Shares Affected by the Conversion has been integrated, without being redeemed or exchanged and without
interruption, within the Class B shares (the "New Class B shares"). The aforementioned capital reduction has been duly registered in the Mercantile Register.
Having filed the relevant requests with the Governing Corporations of the Stock Exchanges of Madrid and Barcelona (the "Stock Exchanges") and with the National Securities Market Commission (the "CNMV"), as at today, the CNMV has confirmed compliance with the requirements for admission to trading on the Stock Exchanges of Madrid and Barcelona, which in turn have admitted the New Class B Shares for trading, effective tomorrow, Friday, 30
November, 2012.
Miguel Ángel Jiménez-Velasco Mazarío
General Secretary

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ABENGOA SA
01/18 ABENGOA : restarts activities in Spain after being awarded three new transmissio..
01/10 ABENGOA : completes a 400 km water supply project in Turkey
2016 ABENGOA : receives Provisional Acceptance Certificate for Khi Solar One, the fir..
2016 ABENGOA : Hogan Lovells Represents Official Committee of Unsecured Creditors of ..
2016 ABENGOA : moves forward with its viability plan by resuming works of its photovo..
2016 ABENGOA : Hugoton cellulosic ethanol plant sold out of bankruptcy
2016 ABENGOA : New owners and local farmers see economic potential in Madison ethanol..
2016DJABENGOA : U.S. Objects to Abengoa Bankruptcy-Exit Plan
2016 ABENGOA : The Extraordinary Shareholders' Meeting held today marks the beginning..
2016 ABENGOA : The Extraordinary Shareholders’ Meeting held today marks the beg..
More news
Sector news : Construction & Engineering - NEC
01/13DJPrimary Health Care CEO Resigns Following Leighton Allegations
01/10DJPrimary Health Care CEO to Face Court Over Leighton Allegations
2016DJCIMIC : Awards Chairman A$3 Million Bonus
2016DJCIMIC : Australia's Cimic to Buy Back More Shares -- Update
2016DJCIMIC : Australia's Cimic to Buy Back More Shares
More sector news : Construction & Engineering - NEC
News from SeekingAlpha
2016 Exxon Mobil, Solar Tax Credits, And Government Investigations Gone Wild
2016 Abengoa wins U.S. bankruptcy court protection
2016 SUNEDISON : An Autopsy - Bezek's Daily Briefing
2016 Judge OK's extension of U.S. bankruptcy protection to Spain?s Abengoa
2016 Midday Gainers/ Losers
Advertisement
Financials (€)
Sales 2016 -
EBIT 2016 -
Net income 2016 -
Debt 2016 6 242 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 0
EV / Sales 2017 0
Capitalization 197 M
More Financials
Chart ABENGOA SA
Duration : Period :
Abengoa SA Technical Analysis Chart | ABG | ES0105200416 | 4-Traders
Full-screen chart
Technical analysis trends ABENGOA SA
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 2
Average target price 0,05 €
Spread / Average Target -88%
Consensus details
Managers
NameTitle
Joaquin Fernandez de Pierola Marin Chief Executive Officer & Executive Director
Gonzalo Urquijo Fernández De Araoz Executive Chairman
Víctor Pastor Fernández Chief Financial Officer
Enrique Aroca Moreno Chief Information Officer
Daniel Alaminos Echarri Secretary & Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ABENGOA SA6.48%210
VINCI0.45%40 904
CHINA STATE CONST. ENG..-2.37%37 633
CHINA COMMUNICATIONS C..4.38%31 445
CHINA RAILWAY GROUP LT..2.14%27 901
CHINA RAILWAY CONSTRUC..-0.67%22 530
More Results