Lupatech S.A. (LUPAY: OTC Link) | Exercise of Subscription Right

Exercise of Subscription Right

May 07, 2012

OTC Disclosure News Service

Sao Paulo, Brazil –

LUPATECH S.A.

Corporate Taxpayer’s ID (CNPJ/MF): 89.463.822/0001-12

Company Registry (NIRE): 43300028534

Publicly-held Company – Novo Mercado

 

NOTICE TO THE MARKET

Exercise of Subscription Right

 

 

Caxias do Sul, May 7th, 2012 – Lupatech S.A. (BMFBOVESPA: LUPA3) (OTCQX: LUPAY) (Lupatech Finance LTD 97/8 Perpetual Bonds: ISIN USG57058AA01) (“Lupatech” or “Company”), one of the largest Brazilian supplier of products and services for the oil and gas sector, informs, considering the Company’s capital increase approved on the Extraordinary Shareholders Meeting (“EGM”) held on May 4th, 2012, that:

 

All negotiations involving the right of preference for the subscription of new common shares issued by the Company will be done through the ticker LUPA1, which will be available this Tuesday, May 8th, 2012.

 

The shareholders included into Company’s shareholding status on the date of May 4th, 2012 will have until June 6th, 2012 to exercise the right of preference for the subscription of new shares at the proportion of 366.7505617% over their shareholding position on May 4th, 2012. In case they want to exercise the right of preference partially or don’t want to exercise the right of preference, shareholders will be able to negotiate the referred right in the market, in all cases through the before mentioned ticker.

 

Lupatech, through its Investor Relations Department, is available for eventual clarifications through the contacts below.

 

Investor Relations – Contacts

Telephone: +55 (11) 2134-7000 or +55 (11) 2134-7088                  

E-mail: ir@lupatech.com.br

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/LUPAY/news?id=46855

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