Galp Energia : Qualifying holding of Standard Life Aberdeen plc
November 09, 2017 at 02:34 pm EST
Share
In accordance with articles 16 and 17 of the Portuguese Securities Code, Galp hereby discloses the following information:
On 8 November 2017, Standard Life Aberdeen plc notified the Company that, on 6 November 2017, it reduced its indirect holding in Galp's share capital and voting rights from 2.12% to 1.96%, corresponding to 16,274,303 voting rights, and below the 2% threshold.
The shares detailed are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements whereby the client has delegated the exercise of the voting power to the referenced investment manager. The voting rights delegated rest with these entities and do not flow further up in the chain of controlled undertaking to those parent entities within the revised corporate structure.
Standard Life Investments Limited
1.75%
0.00%
1.75%
Ignis Investment Services Limited
0.17%
0.00%
0.17%
Aberdeen Asset Investments Limited
0.04%
0.00%
0.04%
Source: Galp Energia, SGPS, S.A.
Galp Energia SGPS SA published this content on 09 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 November 2017 19:33:00 UTC.
Original documenthttp://www.galpenergia.com/EN/investidor/Noticias/Paginas/QualifyingholdingofStandardLifeAberdeenplc.aspx
Public permalinkhttp://www.publicnow.com/view/EDC46D4F35A899683D660ADA9EC088A19DF9BC0B
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 (45.2%): 13.8 TWh of natural gas sold in 2023;
- refining and distribution (36.5%): 7.1 million tons of oil products sold. At the end of 2023, the group operated 1,463 service stations in Portugal, Spain and Africa;
- exploration and production of crude oil (16.3%). At the end of 2023, the group's portfolio consisted 13 blocks in Brazil, 3 blocks in Sao Tome and Principe, 2 blocks in Mozambique and 1 block in Namibia;
- other (2%).
Net sales are distributed geographically as follows: Europe (84%), Latin America (12.4%) and Africa (3.6%).
GALP ENERGIA, SGPS, S.A. 
