Gruçaí Participações S.A. announced a private placement of 33,333 common shares and 66,667 class B preferred shares at BRL 1 per share for aggregate gross proceeds of BRL 100,000 on September 8, 2015. The increased capital of the company will consist of 351,706 ordinary shares and 504,166 class B preferred shares. The transaction will include participation from the existing shareholder mentioned in the subscription report.

The transaction has been approved by the shareholders' meeting of the company.