Material Fact: Perpetual Bonds Holders approve sale of Steelinject
Dec 14, 2011
OTC Disclosure News Service
Sao Paulo, Brazil –
Corporate Taxpayer’s ID (CNPJ/MF): 89.463.822/0001-12
Company Registry (NIRE): 43300028534
Publicly-held Company – Novo Mercado
PerpetualBonds Holders approve sale of Steelinject
Caxias do Sul, December 14, 2011 – LupatechS.A. (BMFBOVESPA: LUPA3) (OTCQX: LUPAY) (Lupatech FinanceLTD 97/8 Perpetual Bonds: ISIN USG57058AA01) (“Lupatech” or“Company”), leadingBrazilian supplier of manufactured products and services for the oil and gassector, informs that yesterday, 62.76% of the holders of perpetual bonds issuedby the Company (“perpetual bonds”), approved the sale of the unit Steelinject,announced on October 13th, 2011.
The approval demonstrate that the perpetual bonds holders are alignedwith the Company’s objectives, considering the importance of the sale of thisasset in the process of rationalization of our structures and focus in the strategy of growth inproducts and services to oil and gas announced in 2011.
With the approval, the saleof Steelinject will be concluded in the next days, and the transfer of thisasset to the buyer should happen until January 1st, 2012.
Lupatech,through its Investor Relations Department, is available for any clarificationsthrough the contacts below.
Investor Relations –Contacts
AlexandreMonteiro – CEO
Cynthia Burin – InvestorRelations
Telephone: +55 (11) 2134-7000 or +55 (11) 2134-7088
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.