Ashurst advises La Verdosa on Acciona´s €317m capital placement and sale

Ashurst has advised La Verdosa on the private placement of 3.85% of Acciona´s capital and the sale of 1.75% of its capital, totalling around €317 million


Credit Suisse, acting as sole bookrunner, has conducted a private placement through an accelerated bookbuild offering directed to qualified investors, on behalf of La Verdosa, of 2,111,045 existing ordinary shares of Acciona, S.A., representing approximately 3.85 per cent of the company’s share capital.The Placement has amounted to a total of approximately €224.3 million, with the selling price being €106.25 per share.

As informed in the previous inside information communication, after the Placement has been completed La Verdosa, S.L. holds only 101.050 shares (representing approximately 0.18% of the Company’s share capital).

Additionally, the seller has informed the CNMV and the market that has sold 959,991 ordinary shares in the company representing approximately 1.75 per cent of the company’s share capital to certain existing shareholders of the company at price of €96.42 per share (around €93 million).

The placement and the private sale form part of the Seller’s plan to exit and disinvest completely in the Company.

Ashurst advised La Verdosa on the sale with a combined team from the Madrid and London offices. The Spanish team included Corporate partner Pedro Ester (pictured left), Financial Regulatory partner Manuel López (pictured top right) and counsel and head of Global Markets Irian Martínez (pictured bottom right). Partner Nicholas Holmes advised from London.

Ashurst advises La Verdosa on Acciona´s €317m capital placement and sale

Desire Vidal

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram