10 Nov 2009 - by PreSalt.com - Source: Agência Brasil
Rio de Janeiro - Minority shareholders of Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) can transfer to other buyers the right to subscribe for shares on the process of capitalization of the company (inspired by the government to support the exploration of the pre-salt oil & gas areas), regardless of whether they are shareholders of Petrobras, said yesterday (9) the Petrobras Director of Finance and Investor Relations, Almir Barbassa, after attending a seminar about the pre-salt in the Jockey Club of Rio de Janeiro.
"This would give small investors, that eventually, for some reason do not want to individually exercise their right of subscription, may do to others in whole or in part, that is, a shareholder having 100 shares and earn the right to buy ten new shares, but only want a half, can sell the other five for another buyer, who does not even have a shareholder of Petrobras." he said.
Barbassa also said that the decision is supported by the legislation. "Every shareholder shall be entitled to subscribe, including funds, today, administered by banks.
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