GOL Announces Capital Increase
GOL Linhas Aéreas Inteligentes S.A. has announced a capital increase of up to 67,347,010 preferred shares for a total amount of R$2.87 billion. The minimum capital increase involves 22,224,513 preferred shares worth R$948.32 million. Shareholders are entitled to pro rata preemptive rights, valid from April 13 to May 13, 2022. This initiative follows previous disclosures made on September 15, 2021 and February 7, 2022. Detailed procedures for exercising these rights can be found in the Notice to Shareholders on the Company's website.
- Approval of a capital increase up to 67,347,010 preferred shares.
- Potential capital increase amounting to R$2.87 billion to strengthen the company's equity.
- Possible shareholder dilution from the issuance of new shares.
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SÃO PAULO, April 7, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL e B3: GOLL4), ("GOL" or "Company"), Brazil's largest domestic airline, in addition to the Material Fact disclosed on September 15, 2021, and February 7, 2022, announces that on the date hereof its board of directors approved a capital increase of up to 67,347,010 preferred shares in the amount of R
In the context of the Capital Increase, the shareholders of the Company are entitled to pro rata preemptive in the subscription of preferred shares and may assign such preemptive rights to third parties. The exercise period of the preemptive rights shall be thirty (30) calendar days from April 13, 2022 (including this date), to May 13, 2022 (including this date). The right to proportionally subscribe for preferred shares according to the preemptive rights referred to in this release has not been registered with the U.S. Securities and Exchange Commission and will not be offered or extended absent registration or an applicable exemption from registration requirements.
The information on the capital increase, including the procedures for the exercise of the preemptive rights by the shareholders, are described in the Notice to the Shareholders disclosed today by the Company and available on the websites of CVM (www.cvm.gov.br), B3 (www.b3.com.br) and the Company (www.voegol.com.br/ri)
About GOL Linhas Aéreas Inteligentes S.A.
GOL is Brazil's largest airline, leader in the corporate and leisure segments. Since its founding in 2001, it has been the airline with the lowest unit cost in Latin America, which has enabled the democratization of air transportation. The Company has alliances with American Airlines and Air France-KLM, in addition to making available to Customers many codeshare and interline agreements, bringing more convenience and ease of connections to any place served by these partnerships. With the purpose of "Being First for Everyone", GOL offers the best travel experience to its passengers, including: the largest inventory of seats and the most legroom; the most complete platform with internet, movies and live TV; and the best loyalty program, SMILES. In cargo transportation, GOLLOG delivers parcels to various regions in Brazil and abroad. The Company has a team of 15,000 highly qualified airline professionals focused on Safety, GOL's number one value, and operates a standardized fleet of 127 Boeing 737 aircraft. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ir.
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SOURCE GOL Linhas Aéreas Inteligentes S.A.
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