In accordance with articles 16 and 17 of the Portuguese Securities Code, Galp Energia informs that the following announcement was received from Eni:
“Pursuant to and for the purposes of article 16 of the Portuguese Securities Code (Código dos Valores Mobiliários) and article 2 of Regulation 5/2008 of the CMVM, we hereby inform you that, further to the sale by Eni S.p.A. (“ENI”) of 33,124,670 ordinary shares of Galp Energia SGPS, S.A. (“GALP”) on 20 November 2015, ENI has ceased to hold any share in GALP.
The sale was carried out through an accelerated bookbuilding procedure that was aimed at qualified institutional investors.
The transaction has been settled today by delivery of the shares and payment of the consideration to ENI.”
Source: Galp Energia, SGPS, S. A.