Mota Engil : informs about notification of qualifying holding - Cobas Asset Management

MOTA-ENGIL INFORMS ABOUT NOTIFICATION OF QUALIFYING HOLDING - COBAS ASSET MANAGEMENT

MOTA-ENGIL SGPS, S.A. hereby informs, under the terms and for the purposes of article 17 of the Portuguese Securities Code, that on January 9, 2019 it has received from Cobas Asset Management, SGIIC, S.A. the following notification of a qualifying holding:

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:

Mota-Engil, S.G.P.S., S.A. (PTMEN0AE0005)

2. Reason for the notification (please tick the appropriate box or boxes):

[X] An acquisition or disposal of voting rights

• [ ] An acquisition or disposal of financial instruments

• [ ] An event changing the breakdown of voting rights

• [ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name: : Cobas Asset Management, SGIIC, S.A.

City and country of registered office (if applicable): Madrid, Spain

4. Full name of shareholder(s) (if different from 3.)v: Cobas Value, SICAV SA,

AZ Multi Asset. Subfund: AZ Multi Asset - Bestvalue Cobas Global, F.P.

Cobas Iberia, F.I.

Cobas Lux SICAV. Subfund Cobas Global Fund Cobas Mixto Global, F.P.

Cobas Selección, F.I.

5. Date on which the threshold was crossed or reachedvi: 27-12-2018

6. Total positions of person(s) subject to the notification obligation:
% of voting rights attached to shares (total of 7.A)	% of voting rights through financial instruments (total of 7.B.1 + 7.B.2)	Total of both in % (7.A + 7.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	2.082	2.082	237,505,141
Position of previous notification (if applicable)

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii:
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)
PTMEN0AE0005	4,945,705	2.082
SUBTOTAL A	4,945,705		2.082

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/ECType of financial instrumentB 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/ECExpiration datexExercise/ Conversion PeriodxiNumber of voting rights that may be acquired if the instrument is exercised/ converted.

SUBTOTAL B.1

Exercise/ Conversion Period xiNumber of voting rights

% of voting rights

% of voting rights

8. Information in relation to the person subject to the notification obligation (please tick the applicable box): [ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii [X] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:
Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Cobas Asset Management, SGIIC, S.A.	2.082	2.082

9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

10. Additional informationxvi:

In reference to section 8, the shares detailed are managed by the named investment management entity within multiples portfolios on behalf of underlying clients, based on investment managements agreements whereby the clients have delegated the exercise of voting rights to the investment manager.

Oporto, January 9, 2019

THE REPRESENTATIVE FOR THE MARKET RELATIONS

LUÍS SILVA