“OBRASCÓN HUARTE LAIN, S.A. (“OHL” or the “Company”), in compliance with the requirements set out in the Regulation (UE) n. 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse and the Securities Market Law (Ley de Mercado de Valores), notifies the Spanish Stock Markets Commission (Comisión Nacional del Mercado de Valores) of the following: SIGNIFICANT EVENT As a continuation of the Significant Event announcements number: 257439, 259040 and 263861, OHL informs that the closing of the transaction of the sale and transfer of 100% share capital of OHL Concesiones, S.A.U. (“OHLC”) by OHL to IFM Global Infrastructure Fund (“IFM”) took place today. The closing of the transaction took place according to the terms of the Share Purchase Agreement signed on November 30th 2017, that values OHLC in 2.775 million euros (Enterprise Value), resulting in a net consideration in favor of OHL, after the adjustments established in the Agreement (net debt, exchange rates and cash contributed to greenfield projects), of 2.158 million euros. The amount of net capital gains of the transaction is 48 million euros. Madrid, 12th April, 2018.”
About OHL México
OHL Mexico is positioned as a relevant transport infrastructure operator in the industry within the metropolitan area of Mexico City, both for the number of concessions awarded and the miles of highways under management. Currently, OHL Mexico builds, manages, operates and maintains 7 toll roads and one airport. The highway and related infrastructure concessions are located in urban areas with high vehicular traffic in Mexico City, Mexico State and the State of Puebla, that are home to 27.22% of the nation’s population and in 2015 generated 29.23% of GDP and accounted for 34.39% of the total number of vehicles in Mexico (12.02 million (Mexico City 4.7 million, State of Mexico 5.9 million, and Puebla 1.4 million)). In the airport sector, OHL Mexico participates in the integral management of the second largest airport serving the Mexico City metropolitan area.
