Novabase SGPS — Share Issue/Capital Change 2019

Oct 25, 2019

Relevant Information

Share capital Reduction and Increase

Lisbon, 25th of October 2019

Novabase - Sociedade Gestora de Participacoes Sociais, SA (hereinafter "Novabase") hereby informs, under the terms and for the purposes of article 1 (e) of CMVM Regulation no. 5/2008, that, in compliance with the resolutions taken by the Extraordinary General Meeting held on 26 September 2019, in the terms previously disclosed to the market, Novabase has submitted to registry before the Commercial Registry Office the following operations:

• a) Reduction of its share capital of €15,700,697 to €11,304.501,84, for the release of excessive capital, by reducing the nominal value of all the shares representing the share capital from €0.50 to €0.36, and, consequently, amendment of number 1 of article 4 of the bylaws; and
• b) Increase of its share capital from € 11,304.501,84 to € 54,638,425.56, by incorporation of the amount of € 43,333,923,72 from the share premium reserve, through an increase of the nominal value of all the shares representing the share capital from €0.36 to € 1.74 and, consequently, amendment of number 1 of article 4 of the bylaws, as well as deletion of number 2 of the same article, with the consequent renumbering of the remaining numbers of said article.

These operations have already been registered with the Lisbon Commercial Registry Office.

As a result of the registration of said operations, the share capital of Novabase amounts to € 54,638,425.56 and the nominal value of all shares representing the share capital of Novabase is € 1.74.

The aforementioned operations will be concluded before the Central de Valores Mobiliários (the stock exchange clearing house), in accordance with the legal terms and the deadlines set forth in a notice to be disclosed in due course.