Even announces Material Fact
São Paulo, November 09th, 2020 – Even Construtora e Incorporadora S.A. – EVEN (B3: EVEN3), (the “Company”), in compliance with the provision contained in art. 157, §4 of Law nº 6.404, dated December 15, 1976 (“Companies Law”), in Securities and Exchange Commission (“CVM”) Instruction no. 358, dated January 3, 2002, and in the Company’s Material Facts Disclosure Policy, dated June 27, 2019, hereby informs the Shareholders and the market in general that the Company’s subsidiary company, Taperebá Empreendimentos Imobiliários Ltda. (“Taperebá”) has entered into a Purchase and Sale Commitment Agreement (Instrumento Particular de Promessa de Compra e Venda) on this date, the object of which is the Hotel Fasano Itaim, including the restaurant (“Real Estate”) and thirty-two (32) autonomous units (“Studios”), located in Sub-condominiums 02 – Hotel, 04 – restaurant, and 03 – Studios, respectively, forming part of the Real Estate Enterprise named Condomínio Pedroso Alvarenga, located in the Capital of the State of São Paulo, for the sum of three hundred and ten million reais (R$ 310,000,000.00) (“Operation”). The Operation is subject to the following conditions: a) non-realization of the Purchase and Sale Commitment Agreement entered into with the Fundo de Investimento Imobiliário Even – Hotel Fasano Itaim (CNPJ/ME nº 34.736.390/0001-84), which was the object of the material fact published on November 3, 2020, and (b) the satisfactory legal due diligence of the Real Estate. The Purchase option may be exercised between December 16 and 23, 2020.
The Company will keep its shareholders and the market in general duly informed of any developments or deliberations regarding the matters addressed in this Material Fact, through its usual channels used for the disclosure of periodic and occasional information, respecting restrictions set forth in CVM rules and any other applicable regulations.
To access the file in PDF click here.
For further information, please contact our IR área:
José Carlos Wollenweber Filho
CFO and Investor Relations Officer
Helio Amoni Neto
Even has been working in the real estate sector for more than 40 years and is one of the largest builders and developers in the metropolitan region of São Paulo. It is present, primarily and strategically, in the cities of São Paulo, Rio de Janeiro and Porto Alegre. The company is vertically oriented, executing all development stages of its projects, from lot prospecting, property development and brokerage activities to the project‘s construction. Even owns two sales companies: Even Vendas and Even More, both of which operating in 100% of the Company‘s projects to sell units and providing exclusive services to Even. The Company follows sustainability principles in all of its business segments. Even believes that employing sustainability practices leads to less construction debris, increases the energy efficiency of its products and improves its image b! efore clients and neighboring communities. Its shares are traded on the Novo Mercado Special Corporate Governance segment of the B3 – Brasil, Bolsa, Balcão, under the ticker EVEN3.