5/19/2015 | Qualified participations

Qualifying holding and economic long position of JPMorgan Chase & Co

In accordance with the articles 16 and 17 of the Portuguese Securities Code, and articles 2 and 2A of CMVM regulation 5/2008, Galp Energia hereby discloses the following information.

In accordance with the articles 16 and 17 of the Portuguese Securities Code, and articles 2 and 2A of CMVM regulation 5/2008, Galp Energia hereby discloses the following information:

On May 18 2015, JPMorgan Chase & Co. notified Galp Energia that it held, since May 12 2015, a qualifying holding and economic long position on Galp Energia’s share capital above the 2% threshold, through its subsidiary J.P. Morgan Securities plc.

As from that date, the total number of shares held indirectly by JPMorgan Chase & Co. amounts to 17,461,455 shares, corresponding to 2.106% of Galp Energia’s share capital and corresponding voting rights and a corresponding economic long position.

The increase was the result of off-exchange purchases of 8,000,000 cash-settled call options and sales of 8,000,000 cash-settled put options by J.P. Morgan Securities plc.

Institution name Type of instrument Number of shares Delta-adjusted quantity % of issued share capital % of voting rights
J.P. Morgan Securuties plc Ações ordinárias 9,240,247 9,240,247 1.114% 1.114%
Equity swap 217,602 217,602 0.026% 0.026%
Cash-settled call options 8,000,000 4,425,350 0.534% 0.534%
Cash-settled put options 8.000.000 3,578,256 0.432% 0.432%
Total     13,181,482 2.106% 2.106%

Source: Galp Energia, SGPS, S.A.

Print:

Share: