edp announcement

EDP to maintain disclosure of quarterly information

Thursday, 28 July 2016

EDP will continue to disclose quarterly financial information.

Under the terms and for the purposes of article 246-A of the Securities Code, EDP – Energias de Portugal, S.A. ("EDP") hereby discloses the following information to the market and to the public in general:


Transposing the Directive 2013/50/UE, from October, 22nd, 2013, the Decree-law nr. 22/2016, from June, 3rd, modified the Portuguese Securities Code and eliminated the obligation to disclose quarterly financial information. Accordingly, non-financial listed corporations enjoy now absolute freedom in regards to opting for disclosing quarterly financial information or not.


In spite of this new legislative background, EDP's competent bodies resolved that EDP will continue to disclose quarterly financial information.


This resolution is sustained on EDP's purpose of not breaking the quality of information and assuring continuity of financial reporting to the market, as well as maintaining the same transparency levels it has been providing to investors.

 

EDP – Energias de Portugal, S.A.