Enel Americas capital increase, first period of pre-emptive offer completed

Published on Wednesday, 31 July 2019 08:51

  • After exercising its pre-emptive rights, Enel subscribed and paid in 10,639,088,791 newly issued shares for a total consideration of approx. 1.72 billion US dollars

 

Rome, July 31st, 2019 – Enel S.p.A. (“Enel”) announces the completion of the first period of pre-emptive offer to the shareholders of its Chilean subsidiary Enel Américas S.A. (“Enel Américas”) of newly issued shares stemming from the capital increase of that company, for a total value of 3 billion US dollars. The capital increase was resolved by the Extraordinary Shareholders’ meeting of Enel Américas on April 30th, 2019.

During the offer period, which ran from June 27th to July 26th, 18,224,843,129 of the overall 18,729,788,686 newly issued shares involved in the capital increase were subscribed and paid in, equal to 97.3% of the total.

In this period Enel, after exercising its own pre-emptive rights, subscribed and paid in 10,639,088,791 newly issued shares, for a total amount of approximately 1.72 billion US dollars.

Therefore, at the end of the first period of the offer, pre-emptive rights for the subscription of 504,945,557 newly issued shares, equal to 2.7% of the total, had not been exercised. In accordance with the resolution of the Extraordinary Shareholders’ Meeting of Enel Américas referred to above, the unexercised pre-emptive rights will be offered for a period of 24 days, starting from August 6th, 2019, to those that subscribed newly issued shares during the first period of the offer.

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