| Share capital | % |
|---|---|
| Free float | 80% |
| SEPI | 20% |
Share capitalThe share capital of the Company is 270,540,000 euros, represented by 135,270,000 bearer shares, totally subscribed and disbursed, with a nominal value of 2 euros. There have been no subsequent variations in the share capital of the Company.
Shares have been quoted in the four Spanish Stock Exchange Markets since 7 July 1999, after the process for the Intial Public Offering of its Common Stock was carried out.
All the shares are of the same class and series and confer the same rights to their holders.
Significant share capital and Treasury sharesShareholder share capital and treasury shares at the closing of the last fiscal year are outlined in the Corporate Governance Report (Second Part - Section A - Ownership Structure). Subsequent variations are notified to the "Comisión Nacional del Mercado de Valores (CNMV)" and can be consulted on their website [ www.cnmv.es 
] in the section Red Eléctrica in the CNMV via the link "Participaciones significativas y Autocartera" (Significant share capital and Treasury shares)