In fulfilment of the objective of programming the speed of reduction of the Group's bank debt, thus safeguarding adequate levels of liquidity, Teixeira Duarte, S.A., and other entities of the Teixeira Duarte Group, concluded on 24 April 2018, a "Framework Agreement on Teixeira Duarte Group Debt" with Banco Comercial Português, S.A., Caixa Geral de Depósitos, S.A. and Novo Banco, S.A. which, in essence, provides for a significant reduction of bank liabilities in line with an asset disposal programme of approximately 500 million Euros, as well as the increase of the maturity of the financing and the optimisation of the cost of funding.

In this context, the Group signed a contract for the sale of the total share capital of the company "Lagoas Park, S.A." to a subsidiary of the European private equity fund Kildare. This operation, together with those relating to the disposal of 90% of "TDHOSP - Gestão de Edifício Hospitalar, S.A." and of 7.5% in "LUSOPONTE - Concessionária da Travessia do Tejo, S.A.", meant that the Teixeira Duarte Group has, in just 8 months and with significant gains, disposed of assets worth around 450 million Euros of the announced 500 million Euros expected to be sold during the programme.