SDC Investimentos SGPS : Resolution to present Soares da Costa, Construção, SGPS, S.A. to P.E.R.

SDC Investimentos, SGPS, SA

09.08.2016

MATERIAL INFORMATION

SDC INVESTIMENTOS INFORMS ON THE RESOLUTION TO PRESENT SOARES DA COSTA CONSTRUÇÃO, SGPS, S.A. TO P.E.R. (SPECIAL REVITALIZATION PLAN)

SDC-INVESTIMENTOS, SGPS, SA, Public Company, announces that at the General Meeting held today, the company "SOARES DA COSTA CONSTRUCTION, SGPS, SA", in which capital SDC-INVESTIMENTOS,

SGPS, SA holds a 33.3% stake, it was decided that this society is to be presented to "Special Revitalization Plan" - PER - as foreseen in the Code of Insolvency and Corporate Recovery (CIRE), with extensible presentation to the subsidiary of the submitter "Sociedade de Construções Soares da Costa, S.A.".

SDC-INVESTIMENTOS, SGPS, S.A. further informs that, for that reason, the necessary conditions for the continuation of the talks leading to the alienation of that 33.3% stake to GAM HOLDINGS, or any company owned by GAM HOLDINGS, as per Material information dated the 14 January of the present year, are not fulfilled.

SDC Investimentos, SGPS, SA