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Enersis Am ricas Announces Merger Closing and Name Change

Enersis Am ricas Announces Merger Closing and Name Change

PR Newswire

SANTIAGO, Chile, Dec. 1, 2016 /PRNewswire/ — ENERSIS AMÉRICAS S.A. (NYSE: ENIA) (the “Company”) today announced that the merger of Endesa Am ricas S.A. (“Endesa Am ricas”) and Chilectra Am ricas S.A. (“Chilectra Am ricas”) into the Company (the “Merger”) closed today and in connection with the closing, the Company’s name was changed to “Enel Am ricas S.A.”

In connection with the Merger, the holders of Endesa Am ricas shares and American Depositary Shares (“ADSs”) will receive 2.8 shares of the Company for each Endesa Am ricas share and 1.68 ADSs of the Company for each Endesa Am ricas ADS, respectively. The holders of Chilectra Am ricas will receive 4.0 shares of the Company for each Chilectra Am ricas share. The issuance of new shares and ADSs of the Company in exchange for the shares and ADSs of Endesa Am ricas and Chilectra Am ricas are subject to certain regulatory approvals in Chile.


Starting today, the rights of Endesa Am ricas and Chilectra Am ricas shareholders to receive Enersis Am ricas shares in the Merger will trade in Chile on the Santiago Stock Exchange until the necessary regulatory approvals are obtained. Enersis Am ricas ADSs to be issued in connection with the Merger will trade on the New York Stock Exchange (the “NYSE”) on a “when issued” basis starting today, with the ticker ENIA WI, and continuing until Enersis Am ricas shares underlying the ADSs are issued in Chile following receipt of the necessary regulatory approvals in Chile. The Company will announce the date to be established for the exchange of shares and ADSs in the Merger once it has been determined.

The Company’s ticker symbols and CUSIP numbers relating to its securities listed on the NYSE set forth below are not changing, as of this time, in connection with the name change:

Security (Ticker Symbol)

CUSIP

American Depositary Shares (ENIA)

29274F104

6.60% Notes due December 1, 2026 (ENIA26)

29274FAC8

4.000% Notes due October 25, 2026 (ENIA26A)

29274FAF1

Outstanding certificates representing these securities will not be affected by the name change and will not need to be exchanged.

The Merger and the name change were approved at an Extraordinary Shareholders Meeting of the Company held on September 28, 2016. All ADS trading, filings and market-related information will be reported under the new corporate name.

Contact Information




For further information, please contact us:




Pedro Cañamero


Investor Relations Director


(56-2) 2353 4682


pedro.canamerog@enel.com


Jorge Velis

Head of Investor Relations

(56-2) 2353 4552

jorge.velis@enel.com


Itziar Letzkus

Investor Relations Associate

(56-2) 2353 4681

itziar.letzkus@enel.com


To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/enersis-americas-announces-merger-closing-and-name-change-300370808.html

SOURCE Enersis Americas S.A.

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