AMSTERDAM, Dec. 12,
2024 /PRNewswire/ -- Reference is made to the press
release communication dated 14 June
2024 regarding the sale by Ferrovial and certain other
shareholders of FGP Topco Ltd (FGP Topco), parent company of
Heathrow Airport Holdings Ltd. (the Tagging Shareholders) of 37.62%
of the share capital of FGP Topco to Ardian and PIF.
Following satisfaction of applicable regulatory conditions,
Ferrovial and the Tagging Shareholders have completed the sale of
37.62% of the share capital of FGP Topco whereby Ferrovial has sold
19.75% and the Tagging Shareholders have sold jointly 17.87% of the
share capital of FGP Topco for GBP 3,259
million (approximately 4,000 million
euros).
As a result, Ferrovial now holds shares representing 5.25% and
the Tagging Shareholders now jointly hold shares representing 4.75%
of the share capital of FGP Topco. Ardian and PIF, through separate
vehicles, hold shares representing c. 22.6% and c. 15.0% of the
share capital of FGP Topco respectively.
As a consequence of the transaction, Ferrovial will recognize at
2024 year-end an estimated profit of 2,500
million euros, of which 2,000 million
euros will correspond to the shares sold and 500 million euros to the 5.25% stake retained,
which from that moment will be registered as a financial investment
valued at fair value with changes recognized through profit and
loss.
About Ferrovial
Ferrovial is one of the world's leading infrastructure companies.
The Company operates in more than 15 countries and has a workforce
of over 24,000 worldwide. Ferrovial is triple listed on Euronext
Amsterdam, the Spanish Stock Exchanges and Nasdaq and is a member
of Spain's blue-chip IBEX 35
index. It is part of the Dow Jones Sustainability Index and
FTSE4Good, and all its operations are conducted in compliance with
the principles of the UN Global Compact, which the Company adopted
in 2002.
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SOURCE Ferrovial