CTT Correios de Portugal : Qualifying holding of BNP Paribas Investment Partners S.A.
October 30, 2017 at 03:23 pm EDT
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Announcement - Lisbon, 30 October 2017
Qualifying Holding in CTT
CTT - Correios de Portugal, S.A. ("CTT" or "Company") hereby informs, under the terms and for the purposes of article 17 of the Portuguese Securities Code, that today it has received from BNP Paribas Asset Management S.A. a disclosure for BNP Paribas Asset Management France S.A.S holdings in CTT Correios Portugal going below the 2% threshold on voting rights as shown below. It should be noted that the last disclosure dates back to a notification done in name of BNP Paribas Investment Partners
S.A. forholdingson 29/01/2016 goingover the 5% threshold. Thisdisclosurewasvalidfordisclosures on multiple levels, which BNP Paribas Asset Management France S.A.S. (3.78%) was part of.
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This information is also available on CTT's Investor Relations website at: http://www.ctt.pt/ctt-e-investidores/relacoes-com-investidores/comunicados.html?com.dotmarketing.htmlpage.language=1#panel2-1.
CTT - Correios de Portugal, S.A.
André Gorjão Costa
Market Relations Representative of CTT
Peter Tsvetkov
Director of Investor Relations of CTT
Contacts:
Email: investors@ctt.pt Fax: + 351 210 471 996
Phone: + 351 210 471 857
CTT – Correios de Portugal SA published this content on 30 October 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 October 2017 19:22:02 UTC.
CTT-Correios de Portugal, S.A. is the Portuguese leader in postal services provision. Net sales break down by activity as follows:
- mail collection and delivery (50.4%): letters, postcards, ads, advertising documents, newspapers, etc.;
- express and parcels transportation and delivery services (40.2%): activity ensured in Portugal, Spain and Mozambique;
- sale of financial products and services (7.2%): public debt certificates, postal saving products, insurance and postal money orders;
- banking and payment services (2.2%): savings accounts, consumer credit (auto loans and credit cards), mortgage loans, off-balance sheet savings. The group also provides payment solutions (Payshop) allowing paying for purchases through the Internet and via certified agents (kiosks, tobacconists, supermarkets, etc.).
Portugal accounts for 69% of net sales.