GALP ENERGIA : Qualifying holding of The Capital Group Companies, Inc.
October 09, 2015 at 01:36 pm EDT
Share
In accordance with articles 16 and 17 of the Portuguese Securities Code, Galp Energia hereby discloses the following information:
On October 08 2015, The Capital Group Companies, Inc. ('CGC') notified Galp Energia that it decreased, on October 07, its holding on Galp Energia's share capital and corresponding voting rights from 22,119,318 to 13,687,918, below the 2% threshold.
The disclosed position is an aggregate of individual holdings held by the funds to which Capital Research and Management Company ('CRMC') serves as proxy. CGC is the parent company of CRMC.
Capital Research and Management Company
13,687,918
1.651%
Posição detida por fundos geridos pela CRMC:
EuroPacific Growth Fund
4,392,148
0.530%
International Growth and Income Fund
4,275,000
0.516%
New World Fund, Inc
3,409,953
0.411%
American Funds Insurance Series Global Growth and Income Fund
Galp Energia, SGPS, S.A. is a leading European oil and gas group. The group also produces electrical power. Net sales break down by activity as follows:
- distribution of oil, natural gas and electricity (45.9%): 19 TWh of natural gas sold in 2022;
- refining and distribution (37.6%): 6.5 million tons of oil products sold. At the end of 2022, the group operated 1,475 service stations in Portugal, Spain and Africa;
- exploration and production of crude oil (15.1%). At the end of 2022, the group's portfolio consisted 28 blocks in Brazil, 11 blocks in Angola, 3 blocks in Sao Tome and Principe, 2 blocks in Namibia, 2 blocks in Mozambique, and 1 block in East Timor;
- other (1.4%).
Net sales are distributed geographically as follows: Europe (82.4%), Latin America (14.8%) and Africa (2.8%).
GALP ENERGIA, SGPS, S.A. 
