Significant Event. In relation to Aleática agreements

OBRASCÓN HUARTE LAIN, S.A. (“OHL” or the “Company”) in compliance with the provisions of Article 228 of the Refunded Text of the Securities Market Act approved by Royal Decree Law 4/2015 of 23rd October informs the National Stock Market Commission of the following

RELEVANT FACT

The Company and its subsidiary Constructora de Proyectos Viales de Mexico, S.A. de C.V. have subscribed with Aleatica S.A.B. of C.V. and its subsidiary Concesionaria AT-AT, S.A. de C.V. a transaction agreement whereby all their differences are resolved by mutual agreement in relation to the Engineering, Procurement and Construction Contract of the Autopista de Altas Especificaciones Atizapán – Atlacomulco, in the State of Mexico.

Through this transaction agreement, the parties resolve all their differences in relation to this contract and end the arbitrations that they had respectively initiated in support of various claims.

The effectiveness of the transaction agreement is subject to compliance with certain suspensive conditions that expire in the coming weeks.

The transaction agreement will not imply any material impact on the company’s accounts and will allow the recovery of the guarantees provided by the OHL Group within the aforementioned contract.

With the execution of the aforementioned agreement, OHL completely dissociates itself from the former OHL Mexico, S.A.B. de C.V., current Aleatica, S.A.B de C.V.

 

At Madrid the 17th June 2019.