Ver Angola


Sonaecom dissolves ZOPT and Isabel dos Santos loses control of Portuguese NOS

Sonaecom announced this Wednesday that it has reached an agreement with Angolan businesswoman Isabel do Santos to take the necessary steps to dissolve ZOPT, a company that holds a 52.15 percent stake in the telecommunications operator NOS.


This information was provided this Wednesday in a statement sent to the Portuguese Securities Market Commission (CMMV) by Sonaecom, which holds 50 per cent of the share capital of ZOPT, which in turn holds 52.15 per cent of the NOS.

Sonaecom thus makes "public that the shareholders of ZOPT (i.e.: Sonaecom itself, Unitel International Holdings, BV and Kento Holding Limited) have agreed to take the necessary steps to dissolve ZOPT, so that its assets, including its shareholding in the NOS, are proportionally distributed among ZOPT's shareholders".

As soon as such sharing is completed, "NOS will no longer be under the joint control of Sonaecom and engineer Isabel dos Santos (as controlling shareholder of Unitel International Holdings, BV and Kento Holding Limited)", reads the statement.

"Sonaecom also informs that it intends to remain a reference shareholder of NOS, SGPS, SA and to continue to ensure a framework of shareholder stability favourable to the development of its important business project in the telecommunications sector", it concludes.

On 15 June, Sonaecom had informed that the Central Criminal Investigation Court of Lisbon had authorised ZOPT to exercise the corresponding voting rights, after half of it had been pre-emptively seized, following the publication of news about allegedly fraudulent schemes involving the Angolan businesswoman Isabel dos Santos.

ZOPT is 50 per cent owned by Sonaecom and the remaining half by Isabel dos Santos.


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