Mota-Engil

Regulatory Filings • Sep 29, 2015

MOTA-ENGIL ANNOUNCES AN AGREEMENT WITH YILDIRIM GROUP TO SELL ITS PORT AND LOGISTICS BUSINESSES

MOTA-ENGIL SGPS, S.A. ("MOTA-ENGIL") announces that it has reached an agreement with the Yildirim Group for the sale of its subsidiaries MOTA-ENGIL LOGÍSTICA, SGPS, SA and TERTIR, TERMINAIS DE PORTUGAL, SA. Completion of the transaction is subject to some operations of corporate reorganization, as well as the non-opposition from the competition authority, and is expected to be finalised by the end of this year.

The portfolio of assets held by MOTA-ENGIL, and the corresponding stake, will involve an amount of 275 (two hundred and seventy five) million euros (Equity Value) and includes the port concessions, held by the GROUP, in Portugal, Spain and Peru, as well as the logistics support services company TRANSITEX.

This sale follows the strategic decision to exit the port business segment, along with the recent strengthening of the GROUP'S position in the waste segment, through which, after the recent integration of EGF, it intends to base the international expansion of the Environment and Services activity.

The cash in resulting from this operation will allow the Group to optimise and strengthen its capital structure, in line with the financial strategy set forth.

Porto, 29 September 2015

THE REPRESENTATIVE FOR MARKET RELATIONS LUÍS SILVA