EDP RENOVAVEIS

Identification
Symbol
EDPR
ISIN code
ES0127797019
Trading location
Lisbon
ICB
Alternative Electricity
Activity description

Renewable energies

Website address
http://www.edprenovaveis.com
Issuer website
http://www.edprenovaveis.com
Operation
IPO date
IPO type
Initial Public offering
Catégorie
IPO
Operation procedure

Price Range: between 7.40€ and 8.90€ per share. Final price will be announced on a Special Session on the 2nd June 2008. Results of the public subscription offer The results will be announced on the Special Session on the 2nd June 2008. Request for listing Euronext Lisbon received an application for listing on the regulated market of Euronext Lisbon of a maximum of 901,711,808 ordinary shares. Trading of the shares Trading will start on the 4th June 2008. An official notice will be published on the 3rd June 2008. Both of these are conditioned on the commercial register of the capital increase associated with the offering. Shares destined for staff of EDP Group will start trading on the 17th July 2008.

Operation description

Combined offer of a public subscription offer of a maximum of 45,085,590 ordinary shares and a institutional placement by subscription of a maximum of 150,938,716 ordinary shares. An additional greenshoe of a maximum of 29,403,646 ordinary shares is also considered.
Clawback and clawforward among the retail and institutional tranches is allowed with a maximum of 30% of the tranche size.
The public offering is destined for staff of EDP Group, current EDP shareholders and general public (respectively, with a maximum of 1,200 shares, 60,000 shares and 30,000 shares).

Operation calendar

- Date of approval of the prospectus by CMVM, the Portuguese authority: 15/05/2008 - Offering period beginning: 19/05/2008 - Offering period conclusion: 30/05/2008 - Special Session: 02/06/2008 - Publication of the results by Euronext Lisbon notice: 02/06/2008 - Payment and settlement-Delivery date for the public subscription offering: 03/06/2008 - First trading date: 04/06/2008* - Payment and settlement-Delivery date for the institutional tranche: 05/06/2008 - First trading date for the institutional tranche: 06/06/2008* - Greenshoe exercise period: up to 04/07/2008 - First trading date for the shares subscribed by staff of EDP Group: 17/07/2008 * Conditioned on the commercial register of the capital increase associated with the offering.