Sale process of shares that Empresa de Energía de Bogotá, S.A. ESP holds in Isagen S.A. E.S.P.
13 April 2016
To be informed: Issuance of the Decree that contains the Program to sell the shares by the Mayor’s Office of Bogota.
“Empresa de Energía de Bogota, S.A. E.S.P. informs the public at large by means of a relevant information mechanism established in Decree 2555 of 2010 and all other applicable standards, that the Mayor’s Office of Bogota issued Decree No. 172 of 2016, published on 13 April 2016 “Whereby it approved the Program to sell the shares that Empresa de Energía de Bogota S.A. E.S.P. holds in Isagen S.A. E.S.P.”. The stake it holds represents 2.52% of outstanding shares of Isagen S.A. ESP.
The Decree establishes that the fixed sale price of the shares during the first stage to Remitters under Special Conditions will be COP$4,130 per share, and delegates upon Empresa de Energía de Bogota S.A. E.S.P. the power to issue regulations that will regulate in detail the different stages of the sale process as per principles and parameters established in Law 226 of 1995”.