January 29, 2018 / 10:58 AM / 3 months ago

BRIEF-Sodim Increases Stake In Sonagi To 70.33 Pct

Jan 29 (Reuters) - SONAGI SGPS SA:

* SAID ON SATURDAY THAT MAUDE DA CONCEICAO SANTOS MENDONCA DE QUEIROZ PEREIRA REDUCED HER INDIRECT SHAREHOLDING IN SONAGI TO 14.02 PERCENT FROM 34.97 PERCENT

* INDIRECT SHAREHOLDING OF SODIM SGPS SA INCREASED TO 70.33 PERCENT

* SODIM TO SUSPEND ITS OBLIGATION TO LAUNCH TENDER OFFER OVER SONAGI FOR 120 DAYS

Source text: bit.ly/2DJoUMS

Further company coverage: (Gdynia Newsroom)

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