1. Ferrovial
  2. Investors

Portman Baela, S.L., Ferrovial, S.A. largest shareholder, communicates the launch of an accelerated book-building process for a block trade of 1.4% of its share capital

Print Download PDF

Published on 07/30/2013

PORTMAN BAELA, S.L.
Calle Rafael Calvo, 39
28010 Madrid

Madrid, 30 July 2013

In accordance with the provisions of Article 82 of the Spanish Securities Market Law (Ley del Mercado de Valores), this announcement communicates the following:

REGULATORY DISCLOSURE

Portman Baela, S.L. (“Portman Baela”), the largest shareholder in Ferrovial, S.A. (the “Company”), hereby communicates that Morgan Stanley & Co. International plc is performing a private placement process of 10 million shares (the “Shares”) of the Company, representing approximately 1.4% of its share capital, by way of an “accelerated book-building” process exclusively for qualified investors residents in Spain or for institutional and/or qualified investors abroad (the “Book-building”). The Book-building shall begin immediately following this communication and is foreseen to be closed within a maximum of 24 hours.

The terms and conditions of the Book-building, including the final sale price, will be determined once the aforementioned Book-building period has ended and shall be duly communicated to the market by way of the corresponding regulatory disclosure.

We furthermore inform you that Portman Baela has undertaken, in accordance with the terms and with the usual exceptions in these kinds of transactions, not to transfer, without the prior consent of Morgan Stanley & Co. International plc, of its remaining share capital in the Company, which will represent approximately 41.1% of its share capital, within 90 days following the date of the transaction pricing .

Yours faithfully,

Portman Baela, S.L. P.p.
Mr. José Ignacio Ysasi-Ysasmendi Pemán

Stock Exchange Filings

Ferrovial announces the resolutions adopted by the General Shareholders’ Meeting held on 11 April 2024

12/04/2024
  • Stock exchange filings

Ferrovial announces the implementation of a new share buy-back program from 2 May 2024

11/04/2024
  • Stock exchange filings

Announcement of the transactions carried out by Ferrovial under its own shares buy-back program between 3 and 9 April 2024

10/04/2024
  • Stock exchange filings

The consortium of which Ferrovial is a member, through its toll road subsidiary Cintra, has been selected to develop the Peripheral Ring Road in Lima (Peru)

05/04/2024
  • Stock exchange filings
Google Play App Store