With this transaction, Ferrovial would build up its possession in 407 ETR to 48.29%

AMSTERDAM, March 13, 2025 /PRNewswire/ — Ferrovial, a prominent international infrastructure corporate, has reached an assurance to obtain as much as a 5.06% stake in 407 ETR from AtkinsRéalis for roughly CAD $2.09 billion. The transaction is structured in two tranches, with 3.30% to be got at ultimate and 1.76% deferred for as much as 18 months post-closing thru a put and speak to possibility assurance. The crash worth for the put and speak to possibility might be adjusted, in response to an assuredly method taking into consideration when it’s going to be accomplished. 

Distant trade in were introduced these days in which AtkinsRéalis would promote its extra 1.7% stake in 407 ETR to Canada Pension Plan Funding Board (CPP Investments), and Crowd Sector Pension Funding Board (PSP Investments) has entered into word of honour to obtain a 7.51% pastime in 407 ETR from CPP Investments. 

The transactions are anticipated to be finished throughout the second one quarter of 2025 and  are topic to the ultimate of CPP Investments’ sale to PSP Investments, in addition to alternative normal ultimate situations.

Freeway 407 ETR is a 108 kilometer, all-electronic, open-access toll freeway positioned within the Better Toronto Department in Ontario, Canada. It performs an notable function in assuaging congestion at the Better Toronto Department roadways. Every month, greater than 3 million population advance on 407 ETR.

As a shareholder since 1999, Ferrovial has demonstrated its enduring loyalty to 407 ETR which serves the electorate of the Better Toronto Department making improvements to mobility and fostering expansion within the patch. The corporate has longstanding relationships and a observe report of a success collaboration with its companions on this top quality asset.

This press loose incorporates within data throughout the which means of article 7(1) of the Law (EU) Nº 596/2014, of the Eu Parliament and of the Council, of 16 April 2014, on marketplace abuse.

Ahead-looking statements

This press loose incorporates forward-looking statements. Any categorical or implied statements contained on this press loose  that aren’t statements of ancient reality could also be deemed to be forward-looking statements, together with, with out limitation, statements in regards to the phrases and situations of the transaction, in addition to statements that come with the phrases “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “target,” “anticipate” and matching statements of a age or forward-looking nature, or the damaging of those phrases or alternative matching expressions, despite the fact that no longer all forward-looking statements comprise those phrases. Ahead-looking statements are neither guarantees nor promises, however contain recognized and unknown dangers and uncertainties that would purpose unedited effects to vary materially from the ones projected, together with, with out limitation: dangers indistinguishable to our various geographical operations and Trade Categories; dangers indistinguishable to our acquisitions, divestments and alternative strategic transactions that we would possibly adopt and taking into account that our industry is derived from a little collection of tasks; the have an effect on of aggressive pressures in our trade and pricing, together with the prices of and deficit of walk in the park in successful aggressive gentle processes; normal financial and political situations and occasions and the have an effect on they’ll have on us; our talent to acquire enough financing going forward as wanted; our talent to preserve compliance with the ongoing record necessities of Nasdaq World Choose Marketplace, Euronext Amsterdam and the Spanish Book Exchanges; proceedings and alternative claims by means of 3rd events or investigations by means of numerous regulatory companies that we could also be topic to; have an effect on of any adjustments in present or age tax regimes or laws; dangers particular to our securities, together with the fee of age dividends, which is determined by our monetary situation and result of operations, and the liquidity of our stocks as a repercussion of the a couple of listings in several jurisdictions; dangers indistinguishable to higher digitalization and to cybersecurity blackmails; the affects of injuries or alternative incidents at our undertaking websites and amenities; bodily and transitional dangers in reference to the affects of condition exchange; dangers indistinguishable to higher scrutiny and converting expectancies in reference to sustainability and ESG issues; dangers indistinguishable to the adequacy or life of our insurance plans and any non-recoverable losses; chance related to the global nature of our industry and operations; our reliance on and talent to find, make a selection, track, and top subcontractors and repair suppliers; our prison and regulatory dangers for the reason that we perform in extremely regulated environments and could also be topic to adjustments in laws; dangers indistinguishable to our conserving corporate construction and from our three way partnership and partnership operations; and the alternative notable components mentioned beneath the caption “Risk Factors” in our Annual Record on Mode 20-F for the fiscal pace ended December 31, 2024 filed with the U.S. Securities and Trade Fee (“SEC”) which is to be had at the SEC web site at www.sec.gov, as such components could also be up to date from occasion to occasion in our alternative filings with the SEC. Any forward-looking statements contained on this verbal exchange talk most effective as of the week hereof and accordingly undue reliance must no longer be put on such statements. We discard any legal responsibility or enterprise to replace or revise any forward-looking statements contained on this press loose, whether or not on account of untouched data, age occasions or differently, alternative than to the level required by means of acceptable legislation. Ahead-looking statements on this press loose are made pursuant to the safeguard harbor provisions contained within the U.S. Non-public Securities Litigation Reform Office of 1995. We intend such forward-looking statements to be lined by means of related safeguard harbor provisions for forward-looking statements (or their identical) of any acceptable jurisdiction.

About Ferrovial

Ferrovial is likely one of the global’s prominent infrastructure corporations. The Corporate operates in additional than 15 nations and has a team of workers of over 25,000 international. Ferrovial is triple indexed on Euronext Amsterdam, the Spanish Book Exchanges and Nasdaq and is a member of Spain’s blue-chip IBEX 35 index. It is usually incorporated in globally identified sustainability indices such because the Dow Jones Absolute best in Magnificence Index (former Dow Jones Sustainability Index), and all its operations are carried out in compliance with the rules of the UN World Compact, which the Corporate followed in 2002.

SOURCE Ferrovial