Last checked at 8 Oct 2014 08:19
In accordance with article 82 of the Securities Market Act, ENDESA, S.A. (the “Company” or “Endesa”), hereby submits the following
SIGNIFICANT EVENT
As of October 7th 2014, Endesa’s Board of Directors accepted the resignation of Andrea Brentan, and appointed José Damián Bogas Gálvez as member of the Board of Directors and Chief Executive Officer.
The Company’s Board of Directors has resolved to seek shareholder approval at the next Extraordinary Shareholders’ Meeting on 21 October 2014 of the appointment by co-optation of José Damián Bogas as Endesa director, which was agreed today by the Board of Directors.
This ratification will be put before shareholders as a new proposal (“4.4 Ratification of appointment by co-optation of José Damián Bogas”) under point four on the agenda of the aforementioned Extraordinary Shareholders’ Meeting, which is to examine and approve, if appropriate, the ratification, re-election and appointment of the members of the Board of Directors for the term stipulated in the Company’s Corporate Bylaws, as specified in the meeting call published on 19 September 2014.
Details will be provided on the Company’s website (www.endesa.com) of the agreed-upon mechanisms through which shareholders can delegate their vote or vote remotely on this new proposal. The mechanisms through which shareholders who have already voted or who delegated their remote vote on the initially announced proposals can vote on or delegate their vote on the new proposal under point four on the agenda will also be specified.
Madrid, 8 October 2014
Copyright Business Wire 2014