ACCIONA, S.A. AND SUBSIDIARIES (Consolidated Group ...

18 April 2011: sale of Chilean concessions
- On 18 April 2011, ACCIONA and the ATLANTIA Group entered into an
agreement for the transfer of the ownership interests held by ACCIONA in
the following concession companies and their operator: Concesionaria
Autopista Vespucio Sur, S.A. (50%); Sociedad Concesionaria Litoral
Central, S.A. (50%); and Sociedad de Operación y Logística de
Infraestructuras, S.A. (50%). The price agreed upon includes EUR 281.5
million in cash and the subrogation of the buyer to debt amounting to EUR
11.9 million, i.e. an overall amount of EUR 293 million. In addition, the
agreement confirms the obligation to pay ACCIONA an outstanding
payment for construction work of EUR 11.8 million claimed from the
Chilean Ministry of Public Works.
4 May 2011: call of Annual General Meeting
- On 4 May 2011, the Company notified the CNMV of the call of the Annual
General Meeting scheduled for 8 June 2011 at first call and for 9 June 2011
at second call and of the resolutions proposed.
5 May 2011: proposed resolutions of the shareholders at the Annual General
Meeting
- On 5 May 2011, the Company sent the full text of the notice calling the
General Meeting and of the proposed resolutions that the Board of Directors
submitted to the shareholders at the 2011 Annual General Meeting. Point 5
of the agenda, relating to the renewal of the Board of Directors, included the
re-election of Belén Villalonga Morenés as an independent director and the
appointment of Sol Daurella Comadrán as an independent director. Also, the
Company submitted the documentation on the merger by absorption of
Grupo Entrecanales, S.A. (GESA), Servicios Urbanos Integrales, S.A.
(SEUINSA), Tivafén, S.A., Sole-Shareholder Company (TIVAFÉN) and
Ósmosis Internacional, S.A., Sole-Shareholder Company (OSMOSIS) into
ACCIONA, the approval of which it was agreed to submit to the
shareholders at the Annual General Meeting under point 7 of the agenda.
11 May 2011: Revised text of the Board of Directors Regulations following the
amendments approved by the Board of Directors
- On 11 May 2011, the Board of Directors resolved to amend certain articles of
the Board of Directors Regulations in order to adapt them to the recent
legislative changes applicable to the Company, maintaining consistency with
the proposed amendments to various rules governing the Company as well as
improving the wording in certain matters of corporate governance.
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