ACS Actividades de Construcción y Servicios S A : On corporate transactions
January 31, 2022 at 02:39 pm IST
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ACS Actividades de Construcción y Servicios S.A.
CIF A28004885
Avenida de Pío XII, 102, 28036 Madrid
Registro Mercantil de Madrid Hoja M-30221
Comisión Nacional del Mercado de Valores Edison, 4
28006 MADRID
Madrid, 31 January 2022
Dear Sirs,
For the purpose established in section 227 of Law 4/2015, of 23 October 2015, regulating the Spanish Stock Market, and supplementary provisions, and following on from the Other Relevant Information, 3 January 2022 (record number 13460) and 11 January 2022 (record number 13559), related to the Second execution of the scrip (the "Second Execution") approved at the ACS, Actividades de Construcción y Servicios, S.A ("ACS" or the "Company") General Shareholders' Meeting of 7 May 2021 in order to implement an optional dividend system, I disclose the following Other Relevant
Information:
28 January 2022, the period of negotiation over the free allotment rights corresponding to the Second Execution ended.
The irrevocable commitment to purchasing rights assumed by ACS (the "Purchasing Commitment") has been accepted by holders of 40.28% of the free allotment rights, which has determined the acquisition by ACS of 122,704,590 rights for a total gross amount of 57,425,748.12 euros.
As it is usual in this type of operation, ACS has waived the shares corresponding to the free allotment rights acquired under the Purchasing Commitment. Likewise, ACS has renounced to the new shares corresponding to the remaining free allocation rights of ownership.
The definitive number of ordinary shares of a nominal value of EUR 0.50 each to be issued in the Second Execution is 3,047,466, and the nominal value of the capital increase corresponding to the Second Execution is 1,523,733.00 euros.
Consequently, the capital reduction by cancellation of treasury shares approved by the same General Meeting of May 7, 2021 will be a number of 3,047,466 shares and a nominal amount of 1,523,733.00 euros.
The expected date for the shares to be admitted for trading on the stock market is 17 February 2022, with trading properly commencing on 18 January 2022.
Sincerely,
Jose Luis del Valle Perez
Board Member, Secretary General
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ACS - Actividades de Construcción y Servicios SA published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 09:08:02 UTC.
ACS, Actividades de Construcción y Servicios, S.A. is one of Spain's leading construction groups. Net sales break down by activity as follows:
- construction of infrastructures and buildings (93.3%): civil engineering infrastructures (primarily highways, hydraulic constructions and railroads), non-residential and residential buildings;
- services (5.4%): cleaning, waste collection and treatment. Moreover, the group offers maintenance services of urban and industrial infrastructures, port and logistical services, and also social services and personal assistance services.
- industrial services (0.5%): development, construction, installation and maintenance of distribution networks of electricity, gas and water, industrial production systems, telecommunication networks, road traffic control systems, etc.;
- other (0.8%).
Net sales are distributed geographically as follows: Spain (9.4%), the United States (56.3%), Australia (20.2%), Canada (5.3%), Germany (2.4%) and others (6.4%).