Law Offices of Howard G. Smith reminds investors of the upcoming October 9, 2015 deadline to file a lead plaintiff motion in the class action filed on behalf of a class (the “Class”) of purchasers of the securities of Abengoa, S.A. ("Abengoa" or the "Company") (NASDAQ:ABGB) between October 17, 2013 and August 2, 2015, both dates inclusive (the "Class Period"). Investors who suffered losses on their investment in Abengoa securities are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights.

On July 31, 2015, Abengoa announced that it was lowering its free cash flow guidance and divesting approximately 400 million euros in assets, and on the same day the Company CEO Santiago Seage, stated that although Abengoa had issued the reduced guidance, the Company "has no plan to tap the capital markets in any manner."

However, just days later, on August 3, 2015, the Company reversed course and announced a share issuance plan for 650 million euros, and increased the asset divestiture to 500 million euros. In addition to contradicting the CEO's announcement of three days' prior, it seemed to call into question Abengoa's May 2015 representations that it had at least 400 million of undrawn working capital lines. On this news shares of Abengoa declined in value thereby damaging investors.

The complaint alleges that throughout the Class Period, defendants masked liquidity problems by manipulating its financial statements, including misstating profit margins and shifting costs from certain projects to make them appear more profitable. Upon disclosure of these material issues, the Company’s securities declined sharply in value.

If you purchased shares of Abengoa during the Class Period you may move the Court no later than October 9, 2015 to request appointment as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

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Law Offices of Howard G. SmithHoward G. Smith, Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com