The Australian group IFM

will have 10.83% of the

capital of Naturgy, after achieving that degree of acceptance of its partial takeover bid.

IFM had proposed to acquire between

a minimum of 17% and a maximum of 22.69%

of Naturgy's capital, and for this it offered to pay 22.07 euros per share to interested shareholders, but has finally waived the minimum acceptance limit .

As the CNMV, the Spanish stock market supervisor, announced this afternoon, IFM's offer has been accepted for

105 million shares

- compared to the maximum of 220 million shares to which IFM aspired -, representing that 10.83% of the capital.

The CNMV has suspended "as a precautionary measure, with immediate effect", the trading of Naturgy shares on the Spanish stock exchanges and in the governing company of the derivatives market, due to the dissemination of the result of the IFM partial takeover bid.

In a brief statement, the CNMV justifies this suspension of trading "by relevant information on the aforementioned entity", implicitly alluding to the result of IFM's partial takeover of 22.69% of Naturgy.

According to the criteria of The Trust Project

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