News

NOTICE TO SHAREHOLDERS

SHARE CAPITAL INCREASE WITHIN THE AUTHORIZED CAPITAL LIMIT

End of the period for the subscription of shares remaining unsubscribed and allocation
of additional shares remaining unsubscribed

Brazil, Rio de Janeiro, August 3, 2017 - Brasil Brokers Participações S.A. ("Company" or "Brasil Brokers’), a publicly-held company with common shares traded on B3 Novo Mercado under code BBRK3, referring to the Notice to Shareholders disclosed on June 13, 2017 ("1st Notice"), through which was announced the approval of the increase of the Company‘s share capital ("Capital Increase") within the limit of the authorized capital, hereby announces the following to its shareholders and to the market in general:

1. Capital increase: The Board of Directors of Brasil Brokers, at a meeting held on June 13, 2017, approved the capital increase, within the limit of the authorized capital, pursuant to Article 5, Paragraph 2 of the Company‘s Bylaws. The capital increase will be of up to R$70,000,000.00 (seventy million reais), going from the current R$533,662,061.00 (five hundred and thirty-three million, six hundred and sixty-two thousand and sixty-one reais) to up to R$603,662,061.00 (six hundred and three million, six hundred and sixty-two thousand and sixty-one reais), through the private issue of up to 63,063,063 (sixty-three million, sixty-three thousand and sixty-three) new common shares, all registered, book-entry and with no par value, for the price of R$1.11 (one real and eleven cents) per share issued.

2. End of the period for the subscription of shares remaining unsubscribed: Period for the subscription of shares remaining unsubscribed and requests for additional shares remaining unsubscribed from the common shares to be issued under the Company‘s Capital Increase, which started on July 25, 2017, including this date, and ended on July 28, 2017, including this date ("Period for the Subscription of Shares Remaining Unsubscribed").

3. Number of shares subscribed: During the Period for the Subscription of Shares Remaining Unsubscribed, 18,253,009 (eighteen million, two hundred and fifty-three thousand and nine) common shares, all registered, book-entry and with no par value issued by the Company were subscribed, for the total amount of R$20,260,839.99 (twenty million, two hundred and sixty thousand, eight hundred and thirty nine reais and ninety nine cents).

4. Total number of shares subscribed: Under the Capital Increase, a total of 63,063,063 (sixty-three million, sixty-three thousand and sixty-three) common shares, all registered, book-entry and with no par value issued by the Company were subscribed, for the total amount of R$69,999,999.93 (sixty-nine million, nine hundred and ninety-nine thousand, nine hundred and ninety-nine reais and ninety-three cents), corresponding to 100% (one hundred percent) of the shares available for subscription under the Capital Increase.

5. Apportionment: The requests for the subscription of additional shares remaining unsubscribed were allocated based on the proportional apportionment provided for in the Notice to the Shareholders disclosed by the Company on July 21, 2017. Thus, the shareholders who requested additional shares remaining unsubscribed up to the limit to which they were entitled to under the apportionment were fully met. The shareholders who requested additional shares remaining unsubscribed over the amount to which they were entitled under the apportionment were partially met up to the limit of 71.5164442202% of what was requested.

6. Period for the payment of the shares remaining unsubscribed: The shares remaining unsubscribed and the additional shares remaining unsubscribed, which were subscribed during the Period for the Subscription of Shares Remaining Unsubscribed, subject to the specific procedures of the Central Depository of Assets of B3 and Banco Itaú S.A., the financial institution responsible for the provision of bookkeeping services for the shares issued by the Company ("Bookkeeper"), must be paid until August 7, 2017, in national currency.

7. Auction: Given that the number of shares subscribed exceeds the number of 45,045,045 (forty-five million, forty-five thousand and forty-five) common shares, all registered, book-entry and with no par value, for the total amount of R$50,000,000, (fifty million reais), whose subscription was needed for the approval of the partially subscribed Capital Increase, as provided for in the 1st Notice ("Minimum Subscription"), there will be no sale of unsubscribed shares on the stock exchange, as set forth in Article 171, Paragraph 7, Item "a" of Law 6404, of December 15, 1976, as amended ("Brazilian Corporations Law").

8. No period for withdrawal: No additional period will be granted for the withdrawal of the investment decision since it was possible to condition the subscription of the Capital Increase, under the terms of the 1st Notice.

9. Approval of the Capital Increase: Taking into account the end of the Period for the Subscription of Shares Remaining Unsubscribed and the Minimum Subscription, a meeting of the Board of Directors will be held in due time to approve the Capital Increase, within the authorized capital limit, without the need to amend or change the Company‘s bylaws.

10. Credit of shares subscribed: The shares corresponding to the subscription of shares remaining unsubscribed, which were subscribed during the Period for the Subscription of Shares Remaining Unsubscribed, will be issued and credited in the name of the subscribers within five (5) business days after the approval of the Capital Increase by the Company‘s Board of Directors.

11. Bookkeeper: Shareholders whose shares are registered with the Bookkeeper may exercise the rights mentioned in this Notice to the Shareholders in one of the specialized agencies listed below:

Specialized Itaú Agencies:
Belo Horizonte: Av. João Pinheiro, 195 - Subsolo - Centro
Rio de Janeiro: Av. Almirante Barroso, 52- 2º andar - Centro
São Paulo: R. Boa Vista, 176 - 1º Subsolo - Centro
Salvador: Av. Estados Unidos, 50 - 2º andar - Comércio

Phones:
3003-9285 (capital and metropolitan areas)
0800 7209285 (other locations)

The service hours are on weekdays from 9 am to 6 pm.

12. Additional Information: Additional information on the Capital Increase may be found at CVM‘s website (www.cvm.gov.br), at B3‘s website (www.b3.com.br), at Itaú‘s website (www.itau.com.br/securitiesservices/investidores/) or at the Investor Relations Department of the Company, through the email address ri@brbrokers.com.br.

Click here for the Notice to Shareholders