SAO PAULO -Funds managed by American Capital Discovery reached a share of 6.1% in the capital of oil preoperational HRT, according to a statement filed with the Securities and Exchange Commission (CVM).
As anticipated the value last week , Discovery Capital is beside the Southeastern Asset Management - HRT largest individual shareholder, with 14.3% of the securities - held on a drive to change the board and away Marcio Rocha Mello, founder the oil company, as chairman of the board. The idea is that it only occupies the presidency of HRT Participações em Petróleo (HRTP), which is the holding company that controls the HRT and HRT Oil & Gas Africa.
According to the statement sent by Discovery, the shareholding position was reached on day 3. On day 2, there was a direct deal involving 4.02% stake in HRT, brokered by brokerage BTG Pactual. The share price was trading at U.S. $ 3.90, above the closing price on the day of R $ 3.88.
In a statement, Discovery reported, however, that the purpose of the interest is "strictly for investment" and does not involve any planned change of control or management structure of the company.