News

NOTICE TO THE MARKET

Brazil, Rio de Janeiro, November 13, 2015 - Brasil Brokers Participações S.A. ("Company"), a publicly-held company with common shares traded on the Novo Mercado listing segment of the BM&FBOVESPA under the ticker BBRK3, pursuant to Article 12, paragraph 6 of CVM Instruction 358/02 and amendments thereto, hereby informs its shareholders and the market in general that it has received a communication from Morgan Stanley (Morgan Stanley & Co. International plc and Morgan Stanley Capital Services LLC and their subsidiaries) announcing that it had reduced its short position in share-based derivative financial instruments with the expected financial settlement of nine million, five hundred and ninety-four thousand, six hundred (9.594.600) common Company shares, equivalent to four and nine tenths of a percent (4.9%) of the total common shares making up the Company’s capital stock. It also held a long position in sharebased derivative financial instruments with the expected financial settlement of thirteen million, one hundred and forty-four thousand, three and seventy-seven (13,144,377) common Company shares, equivalent to six and eight tenths of a percent (6.8%) of the total common shares making up the Company’s capital stock.

It also announced that it retained one hundred and eighty-one thousand, seven hundred and fifteen (181,715) common shares issued by the Company, equivalent to one-tenth of a percent (0.1%) of the total number of common shares, said position comprising one hundred and twenty-eight thousand, two hundred and thirty-eight (128,238) shares acquired and six hundred and twenty-eight thousand and six hundred (628,600) shares on loan.

Morgan Stanley further declared that it had no intention of altering the Company’s shareholding control or management structure.

The original communication is filed at the Company’s headquarters.

Click here for the Notice to the Market.