Documents and Announcements

Information to the Market - Shareholders agreement signing and investment in Ciclic

In addition to the Material Fact released on November 30th, 2017, BB Seguridade Participações S.A. (“BB Seguridade”) hereby informs that:
  1. after the approval of regulatory and supervisory authorities, BB Corretora de Seguros e Administradora de Bens S.A. (“BB Corretora”) and PFG do Brasil 2 Participações Ltda. (“PFG2”) entered today into a Shareholders Agreement, which has a term on October 27th, 2032, to jointly act initially in the distribution of private pension plans through a digital insurance broker named Ciclic Corretora de Seguros S.A. (“Ciclic”);
  2. after the signing of the Shareholders Agreement, the capital of Ciclic was increased by R$26,997,600.00 (twenty-six million, nine hundred and ninety-seven thousand and six hundred reais) through the issuance of 13,498,300 new common shares (“ON shares”) and 13,499,300 new preferred shares (“PN shares”), with an investment by BB Corretora amounting to R$20,247,600.00  (twenty million, two hundred and forty-seven thousand and six hundred reais) to buy 6,748,300 ON shares and 13,499,300 PN shares;
  3. considering the increase of capital and the acquisition of shares by BB Corretora, the Ciclic’s total capital is now composed of 26,998,600 shares distributed as follows:
Shareholder ON Shares PN Shares Total
Quantity % Quantity % Quantity %
BB Corretora 6,748,300 49.990 13,499,300 100.000 20,247,600 74.995
PFG2 6,751,000 50.010 - - 6,751,000 25.005
Total 13,499,300 100.000 13,499,300 100.000 26,998,600 100,000
Further material information will promptly be released to the market.
Brasilia (DF), September 10th, 2018.
Werner Romera Süffert