RIO DE JANEIRO, Sept. 28, 2011 /CNW/ - HRT Participações em Petróleo S.A. (the "Company" or "HRT") (BM&FBOVESPA: HRTP3) (TSX-V: HRP), announces
the issue of shares, due to the following events:
Under the terms of the First Common Stock Purchase or Subscription
Option Plan of HRT ("Stock Option Plan"), approved by the Annual
Shareholders' Meeting held on May 14, 2010, the Company increased its
capital, due to the exercise of stock options by some participants of
said plan, being the capital increase amounting by of R$2,789.00 (two
thousand seven hundred and eighty nine Brazilian Reais) through the
issue of 2,789 (two thousand seven hundred and eighty nine) new
registered, common, book-entry shares with no par value. Such shares
were subscribed to and fully paid up in national currency, and
delivered to the participants in accordance with clause 4, item 4.2.5
of the Stock Option Plan. Notwithstanding the future issues resulting
from the exercise of stock options already granted within the Stock
Option Plan, the Plan has been closed.
Moreover, in accordance with the conditions established for the
Company's private placements held in October and November 2009,
subscription warrants were issued to participating investors through
the Board of Directors' Meetings held on November 6, 2009 and December
7, 2009. All the subscription warrants related to said placements may
be exercised within four (4) years from the date of the Company's IPO.
With the exercise of subscription warrants by some holders, the Company
increased its capital by R$12,374,706.15 (twelve million, three hundred
and seventy four thousand, seven hundred and six Brazilian Reais and
fifteen centavos) through the issue of 33,841 (thirty three thousand,
eight hundred and forty one) new registered, common, book-entry shares
with no par value, subscribed to and fully paid in national currency.
Note that the shares issued as a result of the aforementioned events
will be fully entitled to any dividends and interest on equity declared
by the Company.
Including the above-mentioned issues, the Company's current capital
stands at R$3,911,149,927.12 (three billion, nine hundred and eleven
million, one hundred and forty nine thousand, nine hundred and twenty
seven Brazilian Reais and twelve centavos), divided into 5,751,022
(five million, seven hundred and fifty one thousand and twenty two)
common, book-entry shares with no par value. The capital will be duly
ratified and Article 5 of the Company's Bylaws will be amended
accordingly at an Extraordinary Shareholders' Meeting.
For further information, contact HRT`s Investor Relations Department.
Sedar Profile # 00031536
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE HRT Participações em Petróleo S.A.
For further information:
Marcio Rocha Mello - CEO and Investor Relations Officer
+55 21 2105-9700
Eliana Rodriques - IR Manager
+55 21 2105-9745