Roberto Santoro, CEO of Grupo Hermes Pardini (first from left to right); Victor Pardini, Chairman of the Board of Directors of the company (second from right to left) and other executives from the company, at the Hermes Pardini IPO celebration.

On Wednesday, BM&FBOVESPA received Hermes Pardini S.A. to celebrate the diagnostic medicine company's initial public offering (IPO) and the start of trading of its shares in the Novo Mercado special corporate governance segment (under the PARD3 ticker).

Taking part in the ceremony were BM&FBOVESPA CEO Edemir Pinto; Grupo Hermes Pardini CEO Roberto Santoro; and Chairman of the Board of Directors of Grupo Hermes Pardini, Victor Pardini; as well as other members of the company's senior management and of the capital market.

For BM&FBOVESPA CEO Edemir Pinto, 'the arrival of a health segment company at the Exchange demonstrates the strength of this sector in Brazil and growing demand for health services.' During the celebration of this second IPO of the year, Edemir Pinto highlighted the importance of the capital market as a source of fundraising for companies and of job creation for Brazil: 'Hermes Pardini listed in a way that the market considers the healthiest for investors. Its shares will be on the Novo Mercado of BM&FBOVESPA, which has the strictest corporate governance rules, and this decision will certainly be recognized by the investors,' he said.

For Roberto Santoro, the CEO of Grupo Hermes Pardini, the start of trading of the company's shares on the Novo Mercado is another important step in the company's corporate governance development process. 'As of today, BM&FBOVESPA will be another place for tracking the development of our company. Every day, the market will understand a little more about Grupo Pardini, our values, best practices and results', he said.

With the adhesion of Hermes Pardini to the Novo Mercado, there are now 193 companies listed at the differentiated corporate governance segments provided by the Exchange, being 131 at Novo Mercado, 19 at Level 2, 28 at Level 1, 13 at BOVESPA Mais and two at BOVESPA Mais Level 2.

The Exchange believes that going public benefits companies and the market and consequently contributes to the development of the country. For this reason it maintains a specialized structure to track the development of companies during their stock market launches.

Hermes Pardini, welcome to the Exchange!

BM&FBovespa SA published this content on 14 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 February 2017 20:13:16 UTC.

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