General Announcement::IEnova announces the formation of a fund to purchase its own shares

Issuer & Securities

Issuer/ Manager
INFRAESTRUCTURA ENERGETICA NOVA, S.A.B. DE C.V.
Securities
INFRAESTRUS$540M4.875%N480114A - US456829AB67 - 8DTB
INFRAESTRUS$540M4.875%N480114R - USP56145AB40 - 8DUB
INFRAESTR US$300M3.75%N280114A - US456829AA84 - 8DWB
INFRAESTR US$300M3.75%N280114R - USP56145AA66 - 8DXB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
15-Jun-2018 06:52:45
Status
New
Announcement Sub Title
IEnova announces the formation of a fund to purchase its own shares
Announcement Reference
SG180615OTHRDO7H
Submitted By (Co./ Ind. Name)
LOURDES, Monica
Designation
Financial Reporting Manager
Effective Date and Time of the event
14/06/2018 17:00:00
Description (Please provide a detailed description of the event in the box below)
Mexico City, June 14, 2018 Infraestructura Energ tica Nova, S.A.B. de C.V. IEnova announces the following:

On June 14, 2018, at IEnova s Ordinary General Shareholders Meeting, the shareholders decided to, among other things:

(i) Approve the formation of a fund to purchase the company s own shares on the terms provided in Article 56, Section IV of the Stock Market Law of a maximum amount for the year 2018 of US$250,000,000.00 (two hundred fifty million and 00/100 U.S. dollars), which amount shall not exceed the company s total net profits, including retained earnings, as stated in the company s 2017 financial statements, which were approved in the Ordinary General Shareholders Meeting on April 27, 2018.
(ii) Record the policies related to the acquisition and placement of the company s shares that were approved by the Board of Directors, and instruct the company s executive team to be responsible for their implementation, and
(iii) Record the Board of Director s appointments, considering the Chairman and Chief Executive Officer s suggestion, of Mr. Carlos Ru z Sacrist n (Chief Executive Officer and Chairman of the Board), Mrs. Manuela Molina Peralta (Executive Vice President of Finance), and Mr. Ren Buentello Carbonell (Executive Vice President and Chief Counsel) as officials authorized to make the decision to acquire or place the company s shares; and of Mr. Roberto Rubio Mac as (Vice President and Controller), Mr. Rodrigo Cortina Cortina (Director of Corporate Law and Secretary (Non-Member) of the Board), and Mr. Rodrigo Mel ndez Bernal (Senior Treasury Manager) as implementers to perform the repurchase and provide the corresponding notices to the Mexican Stock Exchange.

Attachments

EVENTO RELEVANTE ASAMBLEA PROGRAMA DE RECOMPRA DE ACCIONES eng.pdf
Total size =204K