Minerva raised R $ 1.715 billion with a subscription of 331.7 million shares within its capital increase, ending the first phase of the process with adhesion of about 85.75% of available papers, according to relevant facts released on Monday (2). The operation was performed at the price of R $ 5.17 per share.
With this, the company exceeded the minimum goal of R $ 1 billion stipulated for the partial approval of capital increase.
“The number of shares subscribed during the deadline for the exercise of the right of preference exceeds 193.4 million shares whose subscription was necessary for the approval of the capital increase partially subscribed,” the company said.
Shareholders who have exercised the right of preference will also be entitled to subscription bonuses, in proportion to one bonus for every two acquired actions. Each bonuses guarantees the investor the right to subscribe to a new action under the conditions approved by the Assembly of 29 April.
With the end of the first phase, there were 55.1 million shares available for subscription – about 14.25% of the total supply. These roles may be purchased by investors who requested the leftover reservation at the time of subscription.
Each action initially subscribed will be entitled to purchase of 0.16875 additional action.
Shareholders who have requested reservation may also request the acquisition of an additional number of shares within the limit of papers not yet subscribed. If the demand exceeds the amount of remaining shares, a proportional apportionment will be made based on the number of actions subscribed to the first phase.
