Relevant Event – Petrobrás Argentina
Relevant Event – Petrobrás Argentina S.A.
Buenos Aires, March 2, 2016. Pampa Energía S.A. (“Pampa” or the “Company”; NYSE: PAM; Buenos Aires Stock Exchange: PAMP) informs that Petroleo Brasileiro S.A. (“Petrobras”) and the Company have agreed to a 30-day exclusivity period, that could be extended for an additional 30-day period, to continue their advanced negotiations for the acquisition of the 67,2% of the capital and voting stock of Petrobras Argentina S.A. owned by Petrobras Participaciones S.L., a wholly owned subsidiary of Petrobras.
The consummation of this transaction is subject to the successful negotiation of the terms and conditions and relevant definitive documents relating to the transaction, and the approval of such terms, conditions and documents by the pertinent corporate bodies of Petrobrás and the Company.
For further information, contact:
Ricardo Torres – Co-Chief Executive Officer
Gustavo Mariani – Co-Chief Executive Officer
Mariano Batistella – Special Projects Manager and Investor Relations Officer
Lida Wang – Chief of Investor Relations
3302 Ortiz de Ocampo, Building #4
(C1425DSR) Ciudad Autónoma de Buenos Aires, Argentina
Phone: +54 (11) 4809 9500