JSL : Material Fact - Public Offering of Movida Participações S.A
January 16, 2017 at 04:16 am EST
Share
Mogi das Cruzes, January 16, 2017 - JSL S.A. (BM&FBOVESPA: JSLG3 and Level I ADR: JSLGY) ('Company'), pursuant to Instruction 358 of the Brazilian Securities and Exchange Commission ('CVM'), of January 3, 2002, as amended, further to the material fact disclosed on November 30, 2016, hereby informs its shareholders and the market in general that today the Company has disclosed the notice to the market and the preliminary prospectus related to the public primary and secondary offering of common shares of Movida Participações S.A., a subsidiary of the Company, to be held in Brazil, in the over-the-counter market, pursuant to CVM Instruction 400, of December 29, 2003, as amended ('CVM Instruction 400'), and other applicable legal provisions, under the coordination of financial institutions members of the securities distribution system, including placement efforts abroad ('Offering'), whose registration application was submitted to the CVM on November 30, 2016.
The sale price of the shares, which will be agreed upon on the Offering pricing date, will be established after the result of the book building process, which will be carried out with institutional investors in Brazil and abroad, in accordance with article 44 of CVM Instruction 400. The Offering is subject to the granting of registration by the CVM and market conditions.
The Company will keep the market informed of any developments related to the Offering.
This material fact is solely informative, pursuant to the prevailing legislation, and should not be considered as a share offering announcement. The Offering and the shares will not be registered with any capital market regulatory body or agency of any other country; they will only be registered in Brazil, with the CVM.
JSL SA published this content on 16 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 January 2017 09:15:05 UTC.
Original documenthttp://ri.jsl.com.br/conteudo_en.asp?idioma=1&tipo=30759&conta=44&id=236760
Public permalinkhttp://www.publicnow.com/view/EF19EE97E0164FC8365476DEB604FFC3C8C9D8EF
JSL SA is a Brazil-based company engaged in the logistics sector. The Company provides services through six business lines: Road Cargo Transportation and Dedicated Road Cargo Logistics, involved in the supply chain and management of the information of the logistics chain of the customer; Commodity Logistics, which offers customized solutions for the paper and cellulose, mining and sugar-energy sectors; Internal Logistics, that consist on the internal handling of raw materials, products, inventory management and assembly line supply of the customer; Urban Distribution, which includes supply of points of sale and management of the return of packaging; Warehousing Services, dedicated to the reception, storage and dispatch of goods and inventory management; and Chartering, which provides transportation services for employees of companies that are customers through the other services provided by the Company. The Firm is controlled by Simpar SA.