NOTICE TO SHAREHOLDERS
CCR S.A. (“Company”) (B3: CCRO3; Bloomberg: CCRO3BZ; Reuters: CCRO3.SA) hereby informs the publication, on the present date, of the minutes of the Company´s Extraordinary Shareholder´s Meeting held on January 10, 2020 (“ESM”), which approved the modification of its corporate purpose, so as to include (i) other possible business modalities related to public services in the Company’s segments, in addition to concessions; and (ii) express mention to the Company’s participation in certain businesses related to its corporate purpose. As a result, the Company informs what follows:
Withdrawal rights: pursuant to article 137 of Law No. 6,404/76, the shareholders who (i) did not vote in favor of changing the Company’s corporate purpose, abstained from voting or did not attend the ESM; and (ii) have uninterruptedly maintained ownership of their Company’s from the date of the ESM’s Call Notice release, on December 4, 2019, until the date of the effective exercise of the withdrawal rights, will be entitled to withdrawal from the Company, by means of the reimbursement of the value of its shares.
Period for the exercise of the withdrawal rights: the period for the exercise of the withdrawal rights is of thirty (30) days counted from the publication of the minutes of the ESM, starting, therefore, on the present date and ending on February 21, 2020.
Reimbursement price per share: the amount to be paid to the shareholders that exercise the withdrawal rights is of R$ 4.1746 per share, corresponding to the value of the Company’s net equity on December 31, 2018, as per the financial statements approved at the Company’s Annual Shareholder´s Meeting held on April 22, 2019.
Procedures for the exercise of the withdrawal rights:
- Central Depository: dissenting shareholders whose shares issued by the Company are deposited in the central depository of B3 S.A. – Brasil, Bolsa, Balcão, shall exercise their right to withdrawal through their respective custody agents.
- Bookkeeping Agent: dissenting shareholders whose shares are deposited with the bookkeeping agent of the Company’s shares, Itaú Corretora de Valores S.A., shall send, preferably via registered mail, a handwritten letter, with signature certified by similarity, stating (i) the amount of shares that will be reimbursed, and (ii) evidence of the banking information for the receipt of the respective reimbursement value to the following address: Itaú Unibanco – Gerência Operação Escrituração (Bookkeeping Operation Area) – Unidade Atendimento Empresas (Company Service Unit) – Rua Santa Virgínia, 299, Prédio B, Térreo, Tatuapé, CEP: 03084-010, São Paulo – SP. For further information, please contact our investor service area at 3003-9285 (state capitals and metropolitan areas) or 0800 7209285 (other localities) from 9:00 a.m. to 6:00 p.m. on business days.
Shareholders represented by attorney-in-fact must present, in addition to the documents referred to above, the respective power-of-attorney letter, which shall contain specific powers for the exercise of withdrawal rights on behalf of the grantor and for the request of the shares’ reimbursement.
Expected date for payment of the reimbursement: the payment of the reimbursement will be made by the Company within thirty (30) days counted from the end of the period for the exercise of the withdrawal rights, exception made to the request for the preparation of extraordinary financial statements.
In case of the request for the preparation of extraordinary financial statements, pursuant to art. 45, paragraph 2, of Law No. 6,404/76, the dissenting shareholder who requested it will receive, within the expected date mentioned above, the amount of R$ 3.3397 per share, corresponding to 80% of the reimbursement amount calculated as per the last financial statements approved by the Company’s shareholders, and the remainder, if it exists, until May 9, 2020, which corresponds to 120 days after the ESM’s date.
São Paulo, January 22, 2020
Chief Financial Officer and Investors Relations Officer