This is an unofficial translation of the press release made below and it has been prepared for information purposes only. In the case of any discrepancy between this translation and the Portuguese version, the Portuguese version will prevail
COMMUNICATION OF MANAGER'S TRANSACTION
Pursuant to and for the purposes of number 3 of article 19 of Regulation (EU) number 596/2014 of the European Parliament and of the Council of 16 April 2014, of article 248-B of the Portuguese Securities Code and of article 14 of CMVM's Regulation no. 5/2008, as amended, REN - Redes Energéticas Nacionais, SGPS, S.A. ("REN") hereby informs and announces that Mr. Manuel
Ramos de Sousa Sebastião, member of the Board of Directors of REN and Chairman of the Audit Committee of REN, communicated to REN, on 13
December 2017, a manager's transaction, as detailed information attached herein pursuant to the Commission Implementing Regulation (EU) 2016/523, of 10 March 2016.
Lisbon, 13 December 2017
REN - REDES ENERGÉTICAS NACIONAIS, SGPS, S.A.
End of communication
REN - REDES ENERGÉTICAS NACIONAIS, S.G.P.S., S.A.
Publicly Listed Company
Share capital: € 534,000,000
CRC of Lisbon: number of registry and company 503 264 032
Address: Avenida Estados Unidos da América, n.º 55
1749-061 Lisboa
Communication on Transactions over shares of
REN - Redes Energéticas Nacionais, SGPS, S.A.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Manuel Ramos de Sousa Sebastião
2
Reason for the notification
a)
Position/status
Non-Executive Director and President of the Audit Committee
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
REN - Redes Energéticas Nacionais, SGPS, S.A.
b)
LEI
549300FR1FN48IGHR915
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Share of REN - Redes Energéticas Nacionais, SGPS, S.A
ISIN PTREL0AM0008
b)
Nature of the transaction
Acquisition under the share capital increase
c)
Price(s) and volume(s)
- Rights issue
- Assessment and distribution of rights
Price(s)
Volume
1.877 EUR
1,758
1.877 EUR
283
d)
Aggregated information - Aggregated volume - Price
Weighted average priceVolume
1.877 EUR
2,041
e)
Date of the transaction - Rights issue
- Assessment and distribution of rights
2017-12-07; 08:30h 2017-12-12; 08:30h
f)
Place of the transaction
Euronext - Euronext Lisbon
As a consequence of such transaction:
a) The initial number of REN's shares held before the abovementioned transaction was of 7,000; and
b) The final number of REN's shares held after abovementioned transactions is of 9,041.
REN - Redes Energéticas Nacionais SGPS SA published this content on 13 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 December 2017 18:21:05 UTC.
Original documenthttp://www.ren.pt/en-GB/investidores/comunicados_a_cmvm/ficheiros_en/managers_transaction_over_ren_shares__manuel_sebastiao_
Public permalinkhttp://www.publicnow.com/view/BA5B9A24AE6F1D413D7A783F4ED463D642958193
REN - Redes Energéticas Nacionais, SGPS, S.A. specializes in the operation and concession management of the Portuguese electricity transportation network. Net sales break down by activity sector as follows:
- electricity (63.7%): transportation of electricity from producers to end distributors and consumers, management of the electricity transportation network (connecting user installations to the network, maintenance of the network, etc.). At the end of 2022, the network has a total of 9,424 Km;
- gas (34.8%): transportation of natural gas from producers to end distributors and industrial consumers, underground storage of natural gas, receiving, storage, and regasification of liquid natural gas (LNG), infrastructure construction and maintenance services, etc.;
- telecommunications (1.3%);
- other (0.2%).