Dec. 21, 2012
GOL Linhas Aereas Inteligentes S.A. (BM&FBovespa: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B+, Moody's: B3)
, the largest low-cost and low-fare airline in
, in compliance with the provisions set forth in CVM Instruction no. 358/2002, hereby announces to its shareholders and the market that its Board of Directors approved at a meeting held today the sale of the Company's preferred shares held in treasury, pursuant to the CVM Instruction no. 10, dated
February 14, 1980
, as amended, under the conditions below.
The purpose is the sale of preferred shares of the Company held in treasury, given the termination of the Company's stock repurchase program, approved at the Board of Directors' Meeting held on
August 11, 2011
, due to the fact that the circumstances which resulted in the shares being held in treasury no longer prevail. The maximum term for the sale of shares as authorized shall be
February 13, 2013
, counted as from this date.
The number of shares to be sold is of up to 3,724,225 preferred shares of the Company held in treasury.
The number of outstanding shares of the Company is ninety-eight million, one hundred and twenty-nine thousand, four hundred and thirty-seven (98,129,437) preferred shares, as recorded in the stock deposit account informed by the depositary financial institution on
December 20, 2012
. To access the document full version, visit our website at
- Planning and IR Manager
- Investor RelationsPhone: (11) 2128-4700
Phone: (11) 2128-4413E-mail:
Phone: +1 (212) 704-8196 / 704-4484E-mail:
ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in
, offers around 900 daily flights to 65 destinations in 10 countries in
the United States
under the GOL and VARIG brands, using a young, modern fleet of Boeing 737-700 and 737-800 Next Generation aircraft, the safest, most efficient and most economical of their type.
SOURCE GOL Linhas Aereas Inteligentes S.A.