Rome, April 30th, 2019 – Enel S.p.A. (“Enel” or “the Company”) announces that the Extraordinary Shareholder’s meeting of the Chilean subsidiary Enel Américas S.A. (“Enel Américas”), of which Enel owns 56.42% of the share capital, today approved a capital increase of 3 billion US dollars. The capital increase, to be fully subscribed in cash, will be carried out through the issue of new shares to be offered in pre-emption to shareholders in proportion to the number of shares they hold.
Through this capital increase, Enel Americas aims at enhancing its financial position to pursue new opportunities for organic and inorganic growth, both through minority buy-outs and M&As, optimising cash flows and improving its debt level. Moreover, the capital increase will allow for an increase of the free float and capitalisation of Enel Americas.
In connection with this capital increase, Enel confirms its intention to subscribe, subject to market conditions, shares of Enel Américas corresponding to its current stake in the company by exercising its pre-emptive subscription rights.
Enel S.p.A. provides for the dissemination to the public of regulated information by using SDIR NIS, managed by BIt Market Services, a London Stock Exchange Group's company, with registered office at Milan, Piazza degli Affari, 6. For the storage of regulated information made available to the public, Enel S.p.A. has adhered, as from July 1st, 2015 to the authorized mechanism denominated “NIS-Storage”, available at the address www.emarketstorage.com, managed by the above mentioned BIt Market Services S.p.A. and authorized by CONSOB with the resolution No. 19067 of November 19th, 2014. 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