- Enel Sudeste has further increased the price of the voluntary tender offer for Eletropaulo from 32.0 to 32.2 Brazilian reais per share
Rome, April 26th, 2018 – Enel S.p.A.’s subsidiary Enel Brasil Investimentos Sudeste, S.A. (“Enel Sudeste”) announced today that it has further improved the terms of its voluntary tender offer (the “Offer”) for the acquisition of the entire share capital of Eletropaulo Metropolitana Eletricidade de São Paulo S.A. (“Eletropaulo”), launched on April 17th, 2018, by increasing the price per share from 32.0 to 32.2 Brazilian reais.
Under the terms of the improved Offer, the overall investment is expected to total up to approximately 5.4 billion Brazilian reais, equal to around 1.3 billion euros at the current exchange rate.
The Offer remains conditioned, among other things, upon the acquisition of a total number of shares representing more than 50% of the share capital of Eletropaulo.
For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Spafid Connect S.p.A. with registered office in Milan, at Foro Buonaparte, 10. The aforementioned services are authorized by Consob (resolution No.19878 of February 15th, 2017, related to the mechanism for the dissemination to the public of regulated information “eMarket SDIR” and resolution No. 19879 of February 15th, 2017, related to the mechanism for the central storage of regulated information “eMarket Storage”).
From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.