Relevant FactSeptember 12th, 2016
FiledSeptember 12th, 2016Criteria Caixa, SAU (CriteriaCaixa) and Repsol, S.A. (Repsol) have today reached an agreement with GIP III Canary 1 S.À R.L (GIP), a company controlled by Global Infrastructure Management LLC, for the sale of 20% of the share capital of Gas Natural SDG, S.A. (Gas Natural) for a total amount of EUR 3,802,619,492. Each of CriteriaCaixa and Repsol sells to GIP 100,068,934 shares representing 10% of Gas Natural’s share capital for an amount of EUR 1,901,309,746, which is equivalent to a price of EUR 19 per share. CriteriaCaixa’s consolidated capital gain from the transfer of this 10% stake amounts to EUR 218 million.