CTT Correios de Portugal : Qualifying holding of Kairos Partners SGR S.p.A.
May 18, 2018 at 09:35 pm IST
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CTT - Correios de Portugal, S.A.
Public Company
Avenida D. João II, 13 1999-001 LISBON
Lisbon commercial registry and fiscal no. 500 077 568 Share Capital EUR 75,000,000.00
Announcement - Lisbon, 18 May 2018
Qualifying Holding in CTT
CTT - Correios de Portugal, S.A. ("CTT" or "Company") hereby informs, under the terms and for the purposes of article 17 of the Portuguese Securities Code, that on 17 May 2018 it has received from Kairos Partners SGR S.p.A. a notification of major holdings as follows:
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www.ctt.pt
CTT - Correios de Portugal, S.A.
Public Company
Avenida D. João II, 13 1999-001 LISBON
Lisbon commercial registry and fiscal no. 500 077 568 Share Capital EUR 75,000,000.00
www.ctt.pt
CTT - Correios de Portugal, S.A.
Public Company
Avenida D. João II, 13 1999-001 LISBON
Lisbon commercial registry and fiscal no. 500 077 568 Share Capital EUR 75,000,000.00
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This information is also available on CTT's Investor Relations website at:http://www.ctt.pt/ctt-e-investidores/relacoes-com-investidores/comunicados.html?com.dotmarketing.htmlpage.language=1.
CTT – Correios de Portugal SA published this content on 18 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 May 2018 16:04:06 UTC
CTT-Correios de Portugal, S.A. is the Portuguese leader in postal services provision. Net sales break down by activity as follows:
- mail collection and delivery (50.4%): letters, postcards, ads, advertising documents, newspapers, etc.;
- express and parcels transportation and delivery services (40.2%): activity ensured in Portugal, Spain and Mozambique;
- sale of financial products and services (7.2%): public debt certificates, postal saving products, insurance and postal money orders;
- banking and payment services (2.2%): savings accounts, consumer credit (auto loans and credit cards), mortgage loans, off-balance sheet savings. The group also provides payment solutions (Payshop) allowing paying for purchases through the Internet and via certified agents (kiosks, tobacconists, supermarkets, etc.).
Portugal accounts for 69% of net sales.