Shareholder Structure

investors information

Qualified Shareholders and Voting Rights

Allocation of voting rights in accordance with article 20 of the Portuguese Securities Code

  • Shareholders No. Of Shares % Capital % Exercisable Votes
  • China Three Gorges 780,633,782 21.35% 21.35%
  • China Three Gorges (Europe), S.A. 780,633,782 21.35% 21.35%
  • TOTAL 780,633,782 21.35% 21.35%
  • China Three Gorges (Europe), S.A. is fully owned by China Three Gorges (Hong Kong) Co. Ltd , which is fully owned by CWE Investment Co. Ltd. China Three Gorges Corporation directly holds 100% equity of CWE Investment Co. Ltd. China Three Gorges Corporation is in turn fully owned by People Republic of China.

  • CNIC Co., Ltd 110,435,491 3.02% 3.02%
  • Orise, S.a.r.l.. 110,435,491 3.02% 3.02%
  • TOTAL 110,435,491 3.02% 3.02%
  • Orise, S.a.r.l. is fully owned by Kindbright Holdings Corp. Limited, which in turn is fully owned by CNIC Co., Ltd. (formerly designated Guoxin International Investment Co., Ltd), which in turn is fully owned by People's Republic of China.

    * According to paragraph 1(b) of article 20 of the Portuguese Securities Code, which dictates the above-mentioned shares' aggregation, a total of 24.37% of voting rights are attributable to People's Republic of China.

  • Capital Group Companies, Inc. 438,903,945 12.00% 12.00%
  • Capital Research and Management Company 431,283,656 11.79% 11.79%
  • of which Capital Income Builder 199,775,187 5.46% 5.46%
  • of which Income Fund of America 73,191,274 2.00% 2.00%
  • of which Capital World Growth and Income Fund 105,264,653 2.88% 2.88%
  • Capital Guardian Trust Company 2,386,687 0.07% 0.07%
  • Capital International Limited 285,685 0.01% 0.01%
  • Capital International Sárl 4,930,771 0.13% 0.13%
  • Capital International, Inc. 17,146 0.00% 0.00%
  • TOTAL 438.903.945 12,00% 12,00%
  • *Regarding the chain of entities, Capital Group only details a shareholding (owned by itself) that exceeds the 2% threshold, in accordance with number 1 of article 20 of the Portuguese Securities Code.

    Capital Research and Management Company ("CRMC") is fully owned by Capital Group Companies, Inc. CRMC is an investment consultancy vehicle which manages mutual funds registered in the United States. CRMC manages capital assets for several investment companies through three divisions, Capital Research Global Investors, Capital International Investors and World Investors. CRMC fully owns Capital Group International, Inc. ("CGII"), which in turn controls investment management companies ("fund management companies CGII"): Capital Guardian Trust Company, Capital International, Inc., Capital International Limited, Capital International Sàrl and Capital International K.K. The fund management companies CGII operate primarily as investment managers for institutional clients. The reported shareholdings are held by mutual investment funds under discretionary investment management.

  • Oppidum Capital, S.L. 263,046,616 7.19% 7.19%
  • Oppidum 263,046,616 7.19% 7.19%
  • TOTAL 263,046,616 7.19% 7.19%
  • According to paragraph 1(b) of article 20 of the Portuguese Securities Code, the voting rights inherent to the share capital held by Oppidum Capital, SL and Flicka Forestal, SL are imputable to Fernando Masaveu Herrero. Oppidum Capital, SL is 55.9% owned by Masaveu Internacional, S.L. and 44.1% owned by Liberbank, S.A. In turn, Masaveu Internacional, SL is 100% held by Corporación Masaveu, SA. Corporación Masaveu, SA is 41.38% held by Fundación María Cristina Masaveu Peterson, 10.73% by Flicka Forestal, SL and 0.03% by Fernando Masaveu Herrero. Fernando Masaveu Herrero controls Fundación María Cristina Masaveu Peterson, as well as Flicka Forestal, SL. Flicka Forestal, SL holds 2,000,000 shares of EDP’s share capital, which correspond to 0.05% of the voting rights. Additionally, Fernando Masaveu Herrero’s spouse holds 2,020 shares of EDP’s share capital, which correspond to 0.000055% of the voting rights. In this sense, in total, 7.24% of the voting rights of EDP, corresponding to 265,048,636 shares of EDP’s share capital, should be imputable to Fernando Masaveu Herrero.

  • BlackRock, Inc. 182,733,180 5.00% 5.00%
  • BlackRock (Luxembourg) S.A. 49,282,565 1.35% 1.35%
  • BlackRock (Netherlands) B.V. 776,486 0.02% 0.02%
  • BlackRock Advisors (UK) Limited 1,046,389 0.03% 0.03%
  • BlackRock Advisors, LLC 3,836,968 0.10% 0.10%
  • BlackRock Asset Management North Asia Limited 9,693 0.00% 0.00%
  • BlackRock Asset Management Canada Limited 1,059,783 0.03% 0.03%
  • BlackRock Asset Management Deutschland AG 9,606,564 0.26% 0.26%
  • BlackRock Asset Management Ireland Limited 18,662,688 0.51% 0.51%
  • BlackRock Asset Management Schweiz AG 11,076 0.00% 0.00%
  • BlackRock Financial Management 45,287 0.00% 0.00%
  • BlackRock Fund Advisors 32,320,429 0.88% 0.88%
  • BlackRock Fund Managers Limited 16,462,044 0.45% 0.45%
  • BlackRock Institutional Trust Company, National Association 32,735,889 0.90% 0.90%
  • BlackRock International Limited 428,495 0.01% 0.01%
  • BlackRock Investment Management (Australia) Limited 773,921 0.02% 0.02%
  • BlackRock Investment Management (UK) Ltd 1,132,323 0.03% 0.03%
  • BlackRock Investment Management, LLC 3,388,710 0.09% 0.09%
  • BlackRock Japan Co Ltd 3,244,637 0.09% 0.09%
  • BlackRock Life Limited 6,412,059 0.18% 0.18%
  • iShares (DE) I Investmentaktiengesellschaft mit Teilvermogen 1,497,174 0.04% 0.04%
  • TOTAL 182,733,180 5.00% 5.00%
  • Mubadala Investment Company 148,431,999 4.06% 4.06%
  • Senfora BV 148,431,999 4.06% 4.06%
  • TOTAL 148,431,999 4.06% 4.06%
  • The company Senfora SARL a Luxembourg company that is wholly and directly owned by Mubadala Investment Company, which is a company wholly owned by the government of Abu Dhabi.

  • Grupo BCP + Fundo de Pensões do Grupo BCP 89,139,594 2.44% 2,44%
  • Pension Funds of Group Millennium BCP 88,789,594 2.43% 2.43%
  • Foundation Millennium BCP 350,000 0.01% 0.01%
  • TOTAL 89,139,594 2.44% 2.44%
  • Millennium BCP Pension Fund exercises independently its own voting rights.

  • Sonatrach 87,007,433 2.38% 2.38%
  • TOTAL 87,007,433 2.38% 2.38%
  • It is the largest oil and gas extraction company in Africa. 100% owned by the Algerian government.

  • Qatar Investment Authority 82,868,933 2.27% 2.27%
  • Qatar Holding LLC 82,868,933 2.27% 2.27%
  • TOTAL 82,868,933 2.27% 2.27%
  • The company Qatar Holding LLC is wholly owned by Qatar Investment Authority.

  • Norges Bank 93,592,335 2.56% 2.56%
  • Norges Bank directly held 71,313,415 1.95% 1.95%
  • Norges Bank indirectly held 22,278,920 0.61% 0.61%
  • TOTAL 93,592,335 2.56% 2.56%
  • State Street Bank and Trust Company 73,305,751 2.00% 2.00%
  • EDP (Treasury Stock) 21,606,324 0.59% -
  • TOTAL 21,606,324 0.59% -
  • Remaining shareholders 1,284,981,977 35.14% -
  • TOTAL 1,284,981,977 35.14% -

Notes:

For purposes of determining the percentage of 25% of the votes that may be issued by a shareholder, are considered the voting rights attached to shares held by other entities attributable to it pursuant to paragraph 1 of Article 20 of the Portuguese Securities Code.

According to paragraph 3 of article 14 of EDP's By-Laws, votes from a shareholder on its own account or on behalf of another shareholder, shall not be cast in the event that they exceed 25% of the total votes corresponding the total share capital.

23/08/2017