Randon Implementos e Participacoes : Notice to Shareholders
April 11, 2016 at 10:29 am EDT
Share
Pursuant to CVM Instruction 358/02, as amended, Randon S.A. Implementos e Participações ('Company') informs its shareholders and the market in general that its Board of Directors, on its meeting held on April 08, 2016, approved the proposal to increase the capital stock of the Company, within the limits of its authorized capital, in accordance with article 6, paragraph 1 of the Company's By-laws, by R$ 99.990.000,00 (Ninety-nine million, nine hundred and ninety thousand Reais), which increases the Company's registered capital from R$ 1.200.000.000,00 (One billion and two hundred million Reais) to R$ 1.299.990.000,00 (One billion, two hundred and ninety-nine million, nine hundred and ninety thousand Reais) through the issuance of 14,682,819 (Fourteen million, six hundred and eighty-two thousand, eight hundred and nineteen ) common shares and 29,365,639 (Twenty-nine million , three hundred and sixty-five thousand, six hundred and thirty-nine) preferred shares ('Capital increase'), with minimum subscription amount of R$ 60,000,000 (Sixty million) ('Minimum Subscription Volume').
São Paulo, April 8, 2016
Geraldo Santa Catharina
Investor Relations Director
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Randon SA Implementos e Participações issued this content on 08 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 April 2016 14:26:31 UTC
Original Document: http://ir.randon.com.br/randon/web/conteudo_en.asp?idioma=1&tipo=14300&conta=44&id=224659
Randon SA Implementos e Participacoes, formerly Randon Participacoes SA, is a Brazil-based company primarily engaged in the manufacture of heavy vehicles and parts. The Company's activities are divided into three business segments: Railway wagons and vehicles, which focuses on the production and distribution of various wagon types, such as hopper, gondola, platform, tank, sider and telescopic, as well as off-road trucks, truck bodies, trailers and semi-trailers; Automotive parts, which is responsible for the manufacture and marketing of automobile components for suspension, brake and transmission system, among others, and Services, which provides services related to the administration of consortium groups for the purchase of durable goods, as well as financing services for the Company's customers. It operates a distribution network in Latin America and Africa. The Company is a subsidiary of Dramd Partiicipacoes e Administracao Ltda.