CTT Correios de Portugal S A : Qualifying holding of BPI Gestão de Activos
October 31, 2019 at 01:13 pm EDT
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BPI Gestão de Activos, Sociedade Gestora de Fundos de Investimento Mobiliário, SA (hereinafter BPI Gestão de Activos) hereby informs, pursuant to article 16(2)(b) of the Portuguese Securities Code, about the following facts where the voting rights threshold in the company CTT - Correios de Portugal, S.A. (CTT) was crossed or reached:
Date
Threshold crossed
Percentage held
2018.08.21
2%
2.027%
2018.09.25
2%
1.992%
2018.12.27
2%
2.030%
This holding corresponds to the number of shares held by Portuguese securities investment funds managed by BPI Gestão de Activos, as well as held by portfolios regarding which BPI Gestão de Activos Fundos carries out the discretionary management.
Furthermore, it is hereby informed that the reason for which this communication is made only at this moment is due to a lapse.
We sincerely apologise for this and convey hereby information that had not been communicated so far.
CTT – Correios de Portugal SA published this content on 31 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2019 17:11:00 UTC
CTT-Correios de Portugal, S.A. is the Portuguese leader in postal services provision. Net sales break down by activity as follows:
- mail collection and delivery (50.4%): letters, postcards, ads, advertising documents, newspapers, etc.;
- express and parcels transportation and delivery services (40.2%): activity ensured in Portugal, Spain and Mozambique;
- sale of financial products and services (7.2%): public debt certificates, postal saving products, insurance and postal money orders;
- banking and payment services (2.2%): savings accounts, consumer credit (auto loans and credit cards), mortgage loans, off-balance sheet savings. The group also provides payment solutions (Payshop) allowing paying for purchases through the Internet and via certified agents (kiosks, tobacconists, supermarkets, etc.).
Portugal accounts for 69% of net sales.
CTT-CORREIOS DE PORTUGAL, S.A. 
