Kroton Educacional SA : Notice to the Market - Stock Split
03/06/2013| 09:15am US/Eastern
Belo Horizonte, March 06, 2013 - Kroton Educacional S.A. ("Kroton" or "Company") - (BM&FBovespa: KROT11) - pursuant to CVM Instruction 358/2002, as amended, hereby reports to its shareholders, investors and the market in general that, as from today, it is effective the stock split in the ratio 2:1 (two to one), as approved in the Extraordinary Shareholders Meeting held on March 5, 2013.
Therefore, for each share issued by the Company's, it was created and assigned one (1) new share to the holder with the same rights of the shares previously held. Similarly, the capital stock of Kroton increased in the same proportion, from 134,351,938 common shares to 268,703,876 common shares. Finally, it is worth noting that the stock split does not change the market capitalization value of the Company and has the purpose to create a better environment for the shares trading.
For more information, please contact the Investor Relations area: Carlos Lazar, José Eduardo Szuster or Carolina Igi
Telephone: + 55 (11) 3775.2288, + 55 (11) 3775.2249 or + 55 (11) 3775.2003