Ferrovial SE (“Ferrovial”) announces the completion of the sale of its entire stake in Heathrow

Reference is made to the announcement dated 26 February 2025 regarding the sale by Ferrovial and certain other shareholders of FGP Topco (parent company of Heathrow Airport Holdings Ltd) of 10% of the share capital of FGP Topco.

Following satisfaction of applicable conditions Ferrovial, La Caisse (formerly CDPQ) and USS have completed the sale, whereby Ferrovial has sold its entire stake (5.25%), La Caisse has sold its entire stake (2.65%) and USS has also sold its entire stake (2.1%) for a total consideration of GBP 887.5 million, of which GBP 466 million (approximately EUR 551 million) correspond to Ferrovial’s stake.

As a consequence of the transaction Ferrovial will recognize an estimated profit of EUR 31 million as of 30 June 2025, in addition to the profit already booked in 2024 as fair value of the financial investment.