Eni S.p.A. has successfully completed the placement of 55,452,341 ordinary shares, corresponding to approximately 6.7% of the share capital of Galp Energia SGPS S.A. (Galp) (the “Offering‘).
The total consideration of the Offering amounted to approximately 677.6 million euro.
The Offering, carried out through an accelerated bookbuilding procedure aimed at qualified institutional investors, was priced at 12.22 euro per share.
Settlement of the sale will take place on 5 June 2013 by delivery of shares to investors and payment of the consideration to Eni.
Eni has engaged Goldman Sachs and Mediobanca as Joint Bookrunners for the sale.
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Eni S.p.A.
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