Teixeira Duarte S A : 06.01.2021Information regarding the the transfer of the qualifying holding of IDS, SGPS, S.A. to IDS VALUE, LDA | DOWNLOAD PDF

RELEASE

- Qualifying Holding -

Information regarding the transfer of the qualifying holding of IDS, SGPS, S.A. to IDS VALUE, LDA

"TEIXEIRA DUARTE, S.A." hereby informs that on January 5, 2021, it received from IDS VALUE, LDA and IDS SGPS, S.A. a joint statement regarding the abovementioned issue, which pursuant to Article 17 of the Securities Code is now disclosed to the market, specifically a statement with the following content:

"Pursuant to and for the purposes set out in the Securities Code and CMVM Regulation number 5/2008, IDS VALUE, LDA and IDS SGPS, S.A. hereby inform you of the following:

On January 5, 2021, IDS SGPS, S.A. informs that, as of December 30, 2020, it no longer holds a qualifying holding, pursuant to the terms set out in Articles 16 and 20 of the Securities Code, since the entirety of its holding has been transferred to IDS Value, Lda, which is now the owner of a qualifying holding consisting of a total 10,999,820 shares, representing 2.6190 % of the Share Capital of Teixeira Duarte, S.A. and 2.6190 % of its voting rights. Therefore, IDS VALUE, LDA's holding exceeds the 2% threshold as of December 30, 2020."

-End of quote-

Also enclosed, and as an integral part of this release, is the attachments received from IDS VALUE, LDA and IDS SGPS, S.A.

For all due effects and purposes, "TEIXEIRA DUARTE, S.A." hereby reiterates that it has a share capital of 210,000,000.00€, comprising 420,000,000 shares with the nominal value of 0.50€ each, and that it does not hold any treasury shares.

Porto Salvo, on January 6, 2021

The Representative for Investor Relations,

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José Pedro Cobra Ferreira