More than two years after having announced its intention to break off the partnership with Unitel and Kento, by Isabel dos Santos, Sonaecom has now completed the “divorce”, with Sonae now directly holding more than 36% of Nos.
Sonaecom is no longer a shareholder in Zopt, where it held 50%, and, thus, Sonae now controls directly and through voting rights a 36.8% stake in Nos, the company chaired said this Wednesday. by Ângelo Paupério in a statement to the CMVM.
The subsidiary of the group led by Cláudia Azevedo says that it “proceeded with the resolution” of the shareholder agreement, ceasing to be a shareholder of Zopt.
Sonaecom indicates that it “amortized” its stake in Zopt in exchange for shares corresponding to 26.075% of the capital of Nos and “an amount in cash”.
The operation was carried out as follows: Sonaecom liquidated the 50% interest it had in Zopt, which passed exclusively to Unitel International and Kento, companies controlled by Isabel dos Santos, and, in return, received 26.075% of the capital of Nos that was in that holding.
The statement also mentions that Soanecom will receive an unspecified amount of money that results from dividends attributed to Zopt that had not yet been distributed due to the seizure of Isabel dos Santos’ assets, a measure announced by Angola’s PGR at the end of the year of 2019 and that Portugal ended up replicating in June 2020 in relation to the assets that the businesswoman owned in our country.
This separation between Isabel dos Santos and Sonaecom also opens the door for the Angolan judicial authorities to take control of the businesswoman’s participation in the national telecommunications operator.