BRIEF-EDP Energias do Brasil share capital increase 98 pct subscribed

miércoles 8 de junio de 2016 01:48 GYT

June 8 (Reuters) - EDP Energias de Portugal SA (EDP) :

* Said on Tuesday share capital increase of EDP Energias do Brasil of up to 1.5 billion Brazilian reais($436.22 million) has been subscribed in 98.4 percent

* Says during the period of pre-emptive rights execution, 128.3 million ordinary shares were subscribed at 11.5 reais per share, which correspond to 1.48 billion reais

* Says around 99.6 percent of the subscribers, including EDP, indicated the intention to subscribe the remaining shares

* EDP Energias do Brasil is owned by EDP in 51 percent

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($1 = 3.4386 Brazilian reais) (Gdynia Newsroom)