UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE
ACT OF 1934
For the Month of September 2005
EDP- Energias de Portugal, S.A.
Praça Marquês de Pombal, 12
1250-162 Lisbon, Portugal
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
(Indicate by check mark whether the registrant by
furnishing the information contained in this form
is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.)
Yes No X
Reuters: EDPP.IN / EDP.N Bloomberg: EDP PL / EDP US |
EDP EXECUTES PRIVATE PLACEMENT OF ENERGIAS DO BRASIL SHARES | |
INVESTOR RELATIONS DEPARTMENT
Pedro Pires, Head of IR Gonçalo Santos Elisabete Ferreira Cristina Requicha Rui Antunes Catarina Mello
Phone +351 210012834 Fax: +351 210012899
Email: ir@edp.pt |
Pursuant to the agreements signed on April 7, 2005, related to the corporate reorganization of EDP Energias do Brasil, S.A. (Energias do Brasil), EDP Energias de Portugal (EDP) executed a Private Placement of Energias do Brasil shares, exclusively reserved to the minority shareholders of Bandeirante Energia, S.A.; Iven, S.A.; Espírito Santo Centrais Elétricas, S.A. Escelsa; Magistra Participações, S.A.; and Empresa Energética de Mato Grosso do Sul, S.A. that within the reorganization process implemented in April 2005 rolled-up into Energias do Brasil share capital.
As a result of this offering, the minority shareholders acquired 3,585,893 shares of Energias do Brasil, at a price of 18 reais per share (equivalent to the subscription price of Energias do Brasil IPO on July 13, 2005). This operation implies an initial payment to EDP of 10% of the total amount of the transaction. The balance is to be received in 18 monthly payments which will accrue interest at a 10% annual rate.
Following the IPO process completed in August 2005, EDP held 64.5% of Energias do Brasil share capital. As a result of the execution of the current private placement, EDP now holds 102,915,860 shares of Energias do Brasil, from a total of 165,016,221 shares, or 62.4% of the companys share capital.
EDP Energias de Portugal, S.A. |
EDP Energias de Portugal, S.A. Listed Company Head Office: Praça Marquês de Pombal,12 1250-162 Lisboa Portugal Share Capital 3 656 537 715 Registered with the Commercial Registry Office of Lisbon under no. 1805 Company Tax Number 500 697 256
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated October 3, 2005
EDP- Energias de Portugal, S.A. | ||
By: |
/s/ João Ramalho Talone | |
Name: |
João Ramalho Talone | |
Title: |
Chief Executive Officer |