SDC Investimentos, S.A.
27.02.2018 MATERIAL INFORMATION
SDC INVESTIMENTOS, S.A. INFORMS ON RESOLUTIONS OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
(Translated from the Portuguese Original)
SDC Investimentos, S.A., Public Company, informs that shareholders holding 343.448.347 ordinary shares, corresponding to 90.381% of share capital and voting rights, were present or represented at the extraordinary general meeting of shareholders held today
In this meeting the following decisions were taken:
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- The loss of the Company's public company status was approved, under the terms and for the purposes of article 27, number 1, letter b) of the Securities Code ("CVM") and, in case of deferral, by the Securities Market Commission, of the application that should subsequently be submitted under the terms and for the purposes of paragraph 2 of article 27 of the CVM, the nomination of the shareholder Oceanlotus, Lda to fulfill the obligations set forth in number 3 of the same Article 27, including the obligation to acquire shares of the Company belonging to shareholders who did not vote in favour of this resolution, for a consideration calculated pursuant to articles 27, number 4 and 188 of the CVM, for an amount equivalent to the average price of the Company's shares on the Euronext market during the six-month period prior to the date of the convening of this meeting, which is 7.12 cents of the Euro per share, since this value is higher than the price for which, in the same period, subscribers (or any entity that is in the situations mentioned in number 1 of article 20 of the CVM) have acquired shares (which is 2.7 cents of the Euro per share); and
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- It was approved that, subject to prior verification of the conditions referred to in the previous point, article 1, paragraph 1, of the Articles of Association of the Company should be amended to read as follows:
"The Company adopts the name of " SDC - INVESTIMENTOS, S.A ", being established for an indefinite period."
- It was approved to mandate the Board of Directors to perform all the acts and formalities as may be necessary for the valid and fully effective implementation of the resolutions referred to in the preceding paragraph, including such amendment to the bylaws.
It is further informed that the deliberations on items 1 and 2 of the agenda were taken by a majority of 90.355% of the voting rights and with 0.026% against. The resolution on item 3 of the agenda was taken by a majority of 90.355% of the voting rights and with a 0.011% abstention.
SDC Investimentos, SA
SDC INVESTIMENTOS, S.A., PUBLIC COMPANY Rua Julieta Ferrão, 10- 2nd floor 1649-039 Lisboa PORTUGAL Share Capital 165.940.000 Euros | Equity as of 31.12.2016: -86.683.761 Corporate and Register Number 500 265 763 LEI 254900EQQ0ITFXFISV55
REPRESENTATIVE FOR MARKET RELATIONS António Frada | Tel. 351 22 242 10 60
INVESTOR RELATIONS Tel. 351 21 013 4370 | [email protected]
www.sdcinvestimentos.pt/EN