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Martifer M&A Activity 2019

Dec 18, 2019

1938_iss_2019-12-18_821fa301-9ec0-490c-9fca-f2193adfd58a.pdf

M&A Activity

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Oliveira de Frades, 18th December 2019

Representative for Market Relations: Pedro Nuno Cardoso Abreu Moreira

INVESTOR RELATIONS [email protected]

T. +351 232 767 700

Reuters: MAR.LS Bloomberg: MAR PL

MARTIFER INFORMS ABOUT THE SALE OF PV SOLAR PARKS

Martifer SGPS, S.A., ("Martifer"), informs about the sale of 100% of Martifer Renovables, ETVE, S.A., owner of six PV Solar Parks in Spain (located in Huelva, Salamanca and Seville) which together have an 8.1 MWp installed capacity.

The selling price, Equity Value, of 100% of the shares of the company Martifer Renovables, ETVE, S.A. amounted to 23,5 million euros.

This sale is part of the Group's asset rotation, value adding, debt reduction and equity strengthening strategy.

Martifer SGPS, S.A.

WWW.MARTIFER.COM