Mota-Engil — M&A Activity 2016

Aug 3, 2016

MOTA-ENGIL INFORMS ABOUT AGREEMENT TO SELL ASCENDI ASSETS

MOTA-ENGIL informs that its subsidiary ASCENDI has entered into an agreement with the Infrastructure activity of Ardian, the independent private investment company, to sell the following assets:

• ASCENDI NORTE AUTO-ESTRADAS DO NORTE, S.A.
• ASCENDI BEIRAS LITORAL E ALTA AUTO-ESTRADAS DAS BEIRAS LITORAL E ALTA, S.A.
• ASCENDI COSTA DE PRATA AUTO-ESTRADAS DA COSTA DE PRATA, S.A.
• ASCENDI GRANDE PORTO AUTO-ESTRADAS DO GRANDE PORTO, S.A.
• ASCENDI GRANDE LISBOA, AUTO-ESTRADAS DE GRANDE LISBOA, S.A.
• ASCENDI PINHAL INTERIOR ESTRADAS DO PINHAL INTERIOR, S.A.
• ASCENDI DOURO ESTRADAS DO DOURO INTERIOR, S.A.
• AUTOVIA DE LOS VIÑEDOS, SOCIEDAD ANONIMA CONCESIONARIA DE LA JUNTA DE COMUNIDADES DE CASTILLA LA MANCHA

Ardian Infrastructure will pay to Ascendi for the transaction a total consideration of €600 million, to which €53 million can be added via a variable price mechanism.

The agreement, subject to some operations of corporate reorganization, as well as several authorizations, also provides for the sale of the O&M companies associated with the above concessions held by ASCENDI.

The sale of these mature assets, which contributed to the development of MOTA-ENGIL as an important player in the life cycle of infrastructure will also enable the company to strengthen its balance sheet, creating the basis for the GROUP'S sustainability and growth in the next strategic cycle.

Porto, 3rd August 2016

THE REPRESENTATIVE FOR THE MARKET RELATIONS

LUÍS SILVA