Rio de Janeiro, April 28, 2011 – HRT Participações em Petróleo S.A. (“Company” or
“HRT”) announces the issue of shares under the terms of the First Common Stock Purchase
or Subscription Option Plan of HRT (“Stock Option Plan”), approved by the Annual
Shareholders’ Meeting held on May 14, 2010.
Consequent to the exercise of stock options by a few participants of said plan, the Company
increased its capital by thirty-two reais (R$32.00) through the issue of thirty-two (32) new
registered, common, book-entry shares with no par value, subscribed to and fully paid up in
national currency, to be delivered to the participants in accordance with clause 4, item 4.2.5
of the Stock Option Plan. Notwithstanding the future issues resulting from the exercise of
stock options already granted within the Stock Option Plan, the Plan has been closed.
Moreover, in accordance with the conditions established for the Company’s private
placements made in October and November 2009, subscription warrants were issued to
participating investors through the Board of Directors' Meetings held on November 6, 2009
and December 7, 2009. All the subscription warrants related to said placements may be
exercised within four (4) years from the date of the Company’s IPO.
With the exercise of subscription warrants by a few holders, the Company increased its
capital by ten million, nine hundred and eighty-eight thousand, one hundred and six reais
and nine centavos (R$10,988,106.09) through the issue of twenty-nine thousand, nine
hundred (29,900) registered, common, book-entry shares with no par value, subscribed to
and fully paid in national currency.
Note that the shares issued as a result of the aforementioned events will be fully entitled to any dividends and interest on equity declared by the Company.
Including the above-mentioned issues, the Company’s current capital stands at two billion, five hundred and three million, five hundred and nineteen thousand, seven hundred seventyone reais and three centavos (R$2,503,519,771.03), divided into four million, seven hundred and fourteen thousand, six hundred ninety (4,714,690) common, book-entry shares with no par value. The capital will be duly ratified and Article 5 of the Company’s Bylaws will be amended accordingly at an Extraordinary Shareholders’ Meeting.
For further information, please contact HRT's Investor Relations Department.