Report Publication Announcement • Nov 28, 2017
Report Publication Announcement
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SDC INVESTIMENTOS, SGPS, S.A., public company, informs of its decision to, within its real estate area, dedicate specific attention to assets for tourism purposes, having therefore incorporated the company "APOSTALEGRE, UNIPESSOAL, LDA", which, besides operating the Group's assets within this area, also aims to invest in assets which may suit its purpose. In this context, an agreement was reached today with a view to the acquisition of a property consisting of a palace and agricultural part, in Torres Novas, in an investment of about two million Euros. It is expected that this acquisition can be completed by the end of the current year.
At the same time, with a view to diversifying its business, the group entered with a 10% stake and an investment of five hundred thousand Euros into the capital of the company "YOUNGSTORIES, SA", a Portuguese start-up, which developed the "ZAASK" platform, dedicated to facilitating the contracting of services and supplies, in Portugal and abroad.
SDC Investimentos, SGPS, SA
SDC Investimentos, SGPS, SA, Public Company Rua Julieta Ferrão, 10- 2º andar, 1649-039 Lisboa PORTUGAL Share Capital 160.000.000 Euros | Equity as of 31.12.2016: - 86.683.761 Euros Corporate and register number 500 265 763
Investor Relations Representative António Frada | Tel. 22 242 1060
Investor Relations Tel. 21 013 4370 | [email protected]
www.sdcinvestimentos.pt
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