REG - Obrascon Huarte Lain - OHL release collateral Margin Loan <Origin Href="QuoteRef">OHL.MC</Origin>
RNS Number : 7425BObrascon Huarte Lain, S.A.08 October 2015London Stock Exchange
Madrid, October 08th 2015
Ref.: Notification of Significant Event.
Dear Sirs,
The Company, OBRASCON HUARTE LAIN, S.A. (OHL), in compliance with current legislation, hereby reports the following Significant Event:
Following the Significant Event number 1698Z in relation to the Margin Loan subscribed by its subsidiary 100% owned OHL Concesiones, S.A. with the guarantee of the shares of its listed subsidiary OHL Mxico, S.A.B. de C.V. ("OHL Mxico"), The Company hereby informs that due to the recovery of the stock price and pursuant to the terms of the Agreement, a portion of the pledge over the shares equal to 3,86% of its capital has been released, remaining in pledge upon such release 518.998.011 shares representing 29,96% of the capital stock of OHL Mexico.
Yours faithfully,
Jos Mara del Cuvillo Pemn
Vice-Secretary of the Board of Directors
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCLFFSIISLTIIE
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