Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News :

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
The feature you requested does not exist. However, we suggest the following feature:

Gol Linhas Aereas Inteligentes : announces Notice to the Market

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/21/2018 | 01:50am CEST

SÃO PAULO, April 20, 2018 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GLAI" or "Company"), (NYSE: GOL and B3: GOLL4), comments on reports in the Brazilian media regarding its U.S. Securities and Exchange Commission (SEC) investigation.

While it is long-standing GOL policy not to publicly comment on media rumors, the allegations require that the Company address the publication in a responsible and detailed manner. 

GOL has since late 2016 disclosed in all of its financial statements and reports filed with its regulators, including in its Form 20-F filed with SEC, that, in 2016, it received inquiries from Brazilian tax authorities regarding certain payments to firms that turned out to be owned by politically exposed persons in Brazil. Following an internal investigation, GOL engaged U.S. and Brazilian legal counsel to conduct an external independent investigation to ascertain the facts with regard to these and any other payments identified as irregular and to evaluate the adequacy and effectiveness of its internal control and compliance programs in light of the findings of the investigation.

In summary of the previously disclosed facts, GOL reaffirms the following:

In December 2016, GOL entered into a leniency agreement with the Brazilian Federal Public Ministry, under which it agreed to pay R$12.0 million in fines and to make improvements to its compliance program. In addition, GOL paid R$4.2 million in fines to the Brazilian tax authorities related to the above-mentioned payments.

GOL voluntarily informed the U.S. Department of Justice, the SEC and the CVM of the external independent investigation and the leniency agreement.

The external independent investigation was concluded in April 2017.

GOL reported the conclusions of the investigation to the relevant authorities and will maintain them informed of any developments, as well as cooperate with them in their inquiries.

There have been no changes to any of the above described facts or any of the other facts regarding this matter previously disclosed in the Company public filings, including its 20-F.

Investor Relations
[email protected]
www.voegol.com.br/ir 
+55 (11) 2128-4700

About GOL Linhas Aéreas Inteligentes S.A.
Brazil's largest airline group. GOL is Brazil's largest airline, carrying 33 million passengers annually on more than 700 daily flights to 66 destinations, 55 in Brazil and 11 in South America and the Caribbean, on a fleet of 120 Boeing 737 aircraft, with a further 120 Boeing 737 MAX on order. GOLLOG is a leading cargo transportation and logistics business serving more than 2,400 Brazilian municipalities and, through partners, 205 international destinations in 95 countries. SMILES is one of the largest coalition loyalty programs in Latin America, with over 13 million registered participants, allowing clients to accumulate miles and redeem tickets for more than 700 locations worldwide. GOL has a team of more than 15,000 highly skilled aviation professionals delivering Brazil's top on-time performance, and an industry leading 17 year safety record. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ir.

Cision View original content:http://www.prnewswire.com/news-releases/gol-announces-notice-to-the-market-300634055.html

SOURCE GOL Linhas Aéreas Inteligentes S.A.


© PRNewswire 2018
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
01:48aHONDA MOTOR : Two airlifted after Honda crashes into the back of tractor-trailer on Hwy 395
AQ
01:48aALAA POWE5P22 : Anniston business woman retires from Alabama power board
AQ
01:39aJapan Aso - Discussed FX with U.S. Mnuchin as part of talks on economy
RE
01:39aECO ORO MINERALS : Obtains Secured Term Loan
AQ
01:39aRSA CONFERENCE : 2018 Closes 27th Year Bringing Top Information Security Experts Together to Debate Critical Cybersecurity Issues
BU
01:38aPacific Biosciences of California, Inc. First Quarter 2018 Financial Results Call
GL
01:36aGLOBAL REAL TIME ANALYSIS MARKET 2018-2021 LATEST TECHNOLOGY INNOVATIONS, SIZE, GROWTH AND FORECASTED REPORT : Global Real Time Analysis Market Analysis, Technologies & Forecasts to 2021, Focusing on top key players - Software AG, Informatica, Microsoft, SQLSTREAM, Genpact, TIBCO Software, Oracle Corporation and others
AQ
01:33aWALGREENS BOOTS ALLIANCE : Dollar Tree coming to East Alton in former Walgreens building
AQ
01:31aJostens Unveils North Dakota State University Championship Rings and Fan Jewelry Collection
GL
01:30aEU needs 'full' exemption from U.S. tariffs - France's Le Maire
RE
Latest news