Mota Engil : informs about the financial settlement of the first closing of Ascendi’s assets disposals agreement
January 25, 2017 at 12:22 pm EST
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FINANCIAL SETTLEMENT OF THE FIRST CLOSING OF ASCENDI'S ASSETS DISPOSALS AGREEMENT
MOTA-ENGIL S.G.P.S., S.A informs that following the required reorganisation procedures and authorisations, as announced on 3 August 2016, and following the signature of the contract in December 2016, Ardian Infrastructure completed the financial settlement of the transaction's first closing 1.
The amount now settled reached around €384 million.
This first phase of the agreement with Ardian Infrastructure does not include the disposal of the stakes of ASCENDI GROUP, SGPS, SA in three other concessionaires (Ascendi Pinhal Interior - Estradas do Pinhal Interior, S.A., Ascendi Douro - Estradas do Douro Interior, S.A. and Autovia de Los Viñedos, Sociedad Anonima Concesionaria de La Junta de Comunidades de Castilla - La Mancha), which completion is dependent of several conditions and authorisations.
Porto, 25 January 2017
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
1 The first phase includes the direct and indirect stakes in Ascendi Norte - Auto-Estradas do Norte, S.A., Ascendi Beiras Litoral e Alta - Auto-Estradas das Beiras Litoral e Alta, S.A. Ascendi Costa de Prata - Auto-Estradas da Costa de Prata, S.A., Ascendi Grande Porto - Auto-Estradas do Grande Porto, S.A., Ascendi Grande Lisboa, Auto-Estradas de Grande Lisboa, S.A. and the respective operators, and also the stakes of 75% in Ascendi - Serviços de Assessoria, Gestão e Operação, S.A. and of 20% in Via Verde Portugal - Gestão de Sistemas Electrónicos de Cobrança, S.A..
Mota-Engil SGPS SA published this content on 25 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 January 2017 17:22:06 UTC.
Original documenthttp://en.mota-engil.pt/content/download/3407/33709/version/2/file/Comunicado25janeiro2017Ardianvi.pdf
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Mota-Engil, SGPS, S.A. is a group organized around 6 sectors of activity:
- Engineering and Construction: Mota-Engil, SGPS, S.A. has developed construction projects in some fifty countries and is present on three continents (Europe, Africa and Latin America) where it has asserted its technical competence and reputation, excelling in the construction of various infrastructures such as roads, freeways, airports, ports, dams and railroads ;
- Industrial Engineering Services: the group has capitalized on its recognized presence and experience since 1998, with a proven ability to operate in numerous markets, reflected in medium-term contracts of between three and eight years;
- Environment: Mota-Engil, SGPS, S.A. began its activities in the environmental sector in Portugal in 1995, through the company SUMA in the urban waste management and collection segment, and added its skills to those of the company EGF, a leader in waste treatment and recovery. Internationally, Mota-Engil is increasingly developing its activities in this sector, in markets such as Angola, Mozambique, Cape Verde, Brazil, Oman and Côte d'Ivoire;
- Mota-Engil Capital: a business unit whose aim is to optimize value creation for the group through investment diversification, underpinned by integrated management of a range of assets and projects complementary to the Engineering, Construction and Environment segments.
- Mota-Engil Mext: unit responsible for differentiated areas such as Real Estate, Agroforestry Production and Energy. It also aims to strengthen investment in innovation and accelerate global transformation;
- Concessions: Mota-Engil, SGPS, S.A. operates, through Lineas and its subsidiaries, a network of some 2,500 km of roads and freeways, including the two bridges of the city of Lisbon. The business extends to international markets, mainly in Latin America.
MOTA-ENGIL, SGPS, S.A. 
