SAG GEST Soluções Automovel Globais : clarifies about news published today
July 27, 2018 at 12:52 pm
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SAG GEST - Soluções Automóvel Globais, SGPS, SA
Listed Company
Estrada de Alfragide, nº 67, Amadora Registered Share Capital: 169,764,398 euros Registered at the Amadora Registrar of Companies under the single registration and taxpayer no. 503 219 886
ANNOUNCEMENT
Following news published in the press today concerning negotiations involving the company and/or its subsidiaries, SAG GEST - Soluções Automóvel Globais, SGPS, SA (SAG) hereby clarifies as follows:
1. In spite of exploratory talks with potential investors and other stakeholders, no decision has been made at this date that requires public disclosure, nor is there any guarantee that any such decision will be made.
2. If and when circumstances occur which warrant any disclosure, SAG will do so in fulfillment of its legal obligations as an Issuer.
Alfragide, 27 July 2018
João Pedro Saraiva Investor Relations
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SAG GEST - Soluções Automovel Globais SGPS SA published this content on 27 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 July 2018 11:51:04 UTC
SAG Gest Solucoes Automovel Globais SGPS SA is a Portugal-based holding company engaged in the automotive sector. The Company is primarily involved in the import, distribution, retail and rental of new passenger and commercial cars, as well as spare parts and accessories. It is also active in the retail and wholesale of used cars. Additionally, the Company is engaged in the provision of after-sales services, car financing services and insurance brokerage. It operates in Portugal and Brazil. The Company's portfolio includes various brand names, including Volkswagen, Audi, Skoda, Bentley and Lamborghini. The Company has a number of subsidiaries, such as SIVA SA, Soauto Comercio de Automoveis SA and Rolporto SA.