Regulatory Filings • May 10, 2019
Regulatory Filings
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MOTA-ENGIL S.G.P.S., S.A. ("MOTA-ENGIL"), informs about the signature of two new contracts for the design, construction, operation and maintenance during a ten-year period of two road networks in Kenya.
The design and construction phases will have an execution period of 720 days and the operation and maintenance phases will last for 8 years. The construction component of the above-referred contracts will arise to circa 100 million euros, which will be invoiced during the construction and maintenance period.
With these awards, MOTA-ENGIL reinforces its backlog in the Africa region, through two long-term contracts, which will allow a stable turnover and cash flows arising from that continent.
Porto, May 10, 2019
THE REPRESENTATIVE FOR THE MARKET RELATIONS LUÍS SILVA
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