SEMAPA - Sociedade de Investimento e Gestão, SGPS, S.A.
Public Limited Company
Head Office: Avenida Fontes Pereira de Melo, no. 14, 10th, Lisboa
Share Capital: 81,270,000 Euro
Corporate Person and Lisbon Companies Registry: 502593130
DISCLOSURE
In accordance with article 19 of Regulation (EU) no. 596/2014 of the European Parliament and of the Council of 16 April and article 248-B of the Securities Code, we inform that the company Cimo - Gestão de Participações, SGPS, S.A. (hereafter referred to as "Cimo") announced on 3 January to Semapa - Sociedade de Investimento e Gestão, SGPS, S.A.
(hereafter referred to as "Semapa") that, on 27 December 2018, Cimo and Longapar, SGPS, S.A. (hereafter referred to as "Longapar"), carried out a merger by incorporation, under which Longapar was incorporated on Cimo, the later having been notified of the performance of said commercial registry last 2 January.
In this context, since Longapar held 22,225,400 shares in Semapa, representing 27.348% of its share capital and the respective voting rights, and Cimo held 16,734,031 shares in Semapa, representing 20.591% of its share capital and the respective voting rights, as a result of the merger, the total of 38,959,431 shares in Semapa, representing 47.94% of its share capital and the respective voting rights, previously distributed over the two companies, are currently held directly by Cimo.
Semapa was further informed by Cimo that the aforementioned communication resulted from the fact that Cimo is an entity directly related to José Miguel Pereira Gens Paredes and Ricardo Miguel dos Santos Pacheco Pires, due to the fact that both are directors of Cimo and Semapa.
Please find enclosed the form for notification and public disclosure, in the terms and for the due purposes provided by Implementing Regulation (EU) no. 2016/523 of the Commission of 10 March 2016.
Lisbon, 04 January 2019
Company Secretary,
(Rui Gouveia)
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Persons discharging managerial responsibilities (i) José Miguel Pereira Gens Paredes; (ii) Ricardo Miguel dos Santos Pacheco Pires; /Person closely associated: Cimo - Gestão de Participações, SGPS, S.A. (Cimo)
2
Reason for the notification
a)
Position/status
The notification concerns the change in ownership of the shares in Semapa - Sociedade de Investimento e Gestão, SGPS, S.A. (hereinafter referred to as "Semapa") under the process of merger by incorporation of Longapar, SGPS, S.A. (hereinafter referred to as "Longapar") on Cimo, entity closely associated to José Miguel Paredes and Ricardo Pires, both directors of Cimo and Semapa.
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Semapa - Sociedade de Investimento e Gestão, SGPS, S.A.
b)
LEI
549300HNGOW85KIOH584
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the
financial
- Semapa Shares;
instrument, type of instrument Identification code
- ISIN PTSEM0AM0004
b)
Nature of the transaction
Merger by incorporation of the company Longapar on Cimo
In accordance with Article 19-6(E) of the Regulation (EU) no. 596/2014, this transaction is not linked to the exercise of a share option programme.
c)
Price(s) and volume(s)
Price
Volume
Not applicable
22,225,400
d)
Aggregated information - Aggregated volume - Price
Aggregate volume: 22,225,400
Price: Not applicable
e)
Date of the transaction
27 December 2018
f)
Place of the transaction
Outside a trading venue
596/2014, this
(i) José Miguel Pereira Gens erson closely
Sociedade de Investimento e Gestão, SGPS, S.A. (hereinafter referred to as of Longapar, SGPS,
Attachments
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Disclaimer
Semapa - Sociedade de Investimento e Gestão SGPS SA published this content on 04 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 January 2019 21:08:04 UTC
Semapa is a diversified group organized around 3 sectors of activity:
- production of paper and pulp (78.9% of net sales);
- production of cement and building materials (19.3%): primarily cement and clinker, aggregates, mortar and ready-to-use concrete;
- environmental services (1.8%).
Net sales are distributed geographically as follows: Portugal (24.5%), Europe (43.8%), Americas (14.1%), Africa (12.1%) and Asia (5.5%).
SEMAPA 
