10/21/2013

Bill Gates buys 6% stake in FCC through his investment funds

REGULATORY DISCLOSURE TO THE CNMV

In compliance with article 82 of Act24 / 1988, of 28 July, on the Securities Markets, Fomento de Construcciones y Contratas S.A. here by discloses that:
FCC has sold 7,638,198 shares that the Group had in treasury stock, equivalent to 6.0% of capital. The buyer is one or more entities related to William H.GatesIII. The transaction was performed at the closing market price of Friday 18 October, i.e.14.865 europershare, totalling 113,541,813 euro.


Bill Gates buys 6% stake in FCC through his investment funds

Under the accounting standards, this transaction represents an increase in the shareholders' equity of Fomento de Construcciones y Contratas S.A. by the amount transferred, but there is no impact on income for the year.
Following this transaction, there are 242,031 shares in treasury stock, equivalent to 0.19% of capital.

 

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