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3/16/2016 | Qualified participations

Qualifying holding of Black Creek Investment Management Inc.

In accordance with articles 16 and 17 of the Portuguese Securities Code, Galp hereby discloses the following information:

In accordance with articles 16 and 17 of the Portuguese Securities Code, Galp hereby discloses the following information:

Black Creek Investment Management Inc. (Black Creek) notified Galp that on March 11 2016, it decreased its indirect holding of Galp’s share capital and corresponding voting rights from 2.05% to 1.97%, which represents 16,363,517 voting rights.

Black Creek is an investment management company. The shares are beneficially owned by 13 separate funds which Black Creek advises regarding their investment portfolios. None of the funds by itself reaches or exceeds the 2% threshold. These funds give a proxy to Black Creek who can exercise the voting rights for the shares in its own discretion.

Institution name Number of voting rights held % of voting rights
Black Creek Investment Management Inc. 16,363,517 1.97%

Source: Galp Energia, SGPS, S.A.

Qualifying holding of Black Creek Investment Management Inc. PDF 345 KB Qualifying holding of Black Creek Investment Management Inc.

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