11/8/2018 | Qualified participations

Qualifying holding of BlackRock, Inc.’s subsidiary

In accordance with articles 16 and 17 of the Portuguese Securities Code, Galp hereby discloses the following information:

On 8 November 2018, BlackRock, Inc. notified the Company that its subsidiary BlackRock Investment Management (UK) Limited, on 7 November 2018, decreased its voting rights attached to Galp’s shares to 1.999%. The total voting rights held by BlackRock Investment Management (UK) Limited remains above the 2% threshold, considering the financial instruments held by this subsidiary.

BlackRock, Inc. maintains a qualifying holding in Galp’s share capital, with 5.05%.


Institution	% of voting rights attached to shares	% of voting rights attached to financial instruments	% of total voting rights
BlackRock, Investment Management (UK) Limited	1.999%	0.004%	2.003%
BlackRock, Inc.	4.87%	0.19%	5.05%