Obrascón Huarte Lain S A : OHL - Other relevant information. Share capital reduction
April 23, 2021 at 09:46 am EDT
Share
OBRASCON HUARTE LAIN, S.A. (OHL or the Company), pursuant to article 227 of the consolidated text of the Spanish Securities Market Act approved by Royal Legislative Decree 4/2015, of 23 October, hereby notifies the Spanish National Securities Market Authority (Comision Nacional del Mercado de Valores) the following
OTHER RELEVANT INFORMATION NOTICE
On 20 April 2021 the deed of share capital reduction of the Company (and, accordingly, the amendment of the Company's articles of association) has been registered with the Commercial Registry of Madrid (Registro Mercantil de Madrid). The share capital reduction consisted in the reduction of the nominal value of each and every one of the shares of the Company currently outstanding, by EUR0.35 per share (from EUR0.60 to EUR0.25 per share), consequently reducing the Company's share capital by EUR100,291,901.15, from EUR171,928,973.40 to EUR71,637,072.25 (the Share Capital Reduction). The Share Capital Reduction has been carried out without return of contributions, in order to create a non-distributable voluntary reserve equal to the amount of the Share Capital Reduction (i.e., EUR100,291,901.15) pursuant to Section 335.c) of the Royal Legislative Decree 1/2010, of 2 July, approving the revised text of the Spanish Companies Act (the Spanish Companies Act).
The Share Capital Reduction was duly approved by the Extraordinary General Shareholders' Meeting of OHL, on 26 March 2021, under its First item of the agenda
As a result of the Share Capital Reduction, Article 5 of the Company's articles of association has been amended and will read as follows:
The Share capital amounts to SEVENTY ONE MILLION SIX HUNDRED AND SIXTY ONE THIRTY SEVEN THOUSAND SEVENTY TWO EUROS AND TWENTY FIVE CENTS (EUR71,637,072.25), represented by TWO HUNDRED AND EIGHTY SIX MILLION, FIVE HUNDRED AND FORTY EIGHT THOUSAND, TWO HUNDRED AND EIGHTY NINE (EUR286,548,289) shares of TWENTY FIVE CENTS OF EURO (EUR0.25) nominal value of one sole series and class.
Obrascon Huarte Lain SA (OHL) is a Spain-based company engaged in the construction and engineering sectors. Its activities are structured into three segments: Concessions, Engineering and construction, as well as Development. The Concessions division focuses on the promotion, development and management of a range of transportation infrastructure, such as highways, railways, airports and ports. The Engineering and construction division comprises three business lines: Construction, which is responsible for building civil infrastructure; Industrial, which is involved in the construction, maintenance and operation of industrial plants, and Services, which includes cleaning and maintenance of buildings and public roads, waste management and green area conservation. The Development division promotes and manages tourist resorts and commercial centers. The Company, through its subsidiaries, is present in the Americas, Europe, Asia, Africa and Oceania. It is controlled by Grupo Villar Mir SAU.
OBRASCÓN HUARTE LAIN, S.A. 
