Capital Reduction & FII

January 2023

1. Announcements Summary

Announcements Summary

Key Information

  • Anticipation of part of the receivables from the Portfolio Sale and subsequent distribution to shareholders via capital reduction in the amount of R$1,276,000,000.00 (approximately R$2.75 per share)
  • Delivery of quotas of real estate investment fund "BRPR Corporate Offices Fundo de Investimento Imobiliário", composed by Passeio Corporate and Águas Claras, via capital reduction, in the total amount of BRL1,234,809,856.20 (approximately BRL2.66 per share)

Cancellation of 9,727,208 Company treasury shares

Reverse stock split of all the shares issued by the Company at the ratio of 40 shares to 1 share

3

2.

Q&A

Q&A

What was the reasoning behind the proposed reduction of the Company's corporate capital?

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

BR Properties SA published this content on 04 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 January 2023 18:47:03 UTC.