Even announces Material Fact
EVEN CONSTRUTORA E INCORPORADORA S.A. (the “Company”), in compliance with Article 157, paragraph 4, of Law 6,404, dated December 15, 1976, as amended, Instruction of the Brazilian Securities Commission (Comissão de Valores Mobiliários) (“CVM”) No. 358, dated January 3, 2002, as amended, and the Company’s Material Information Disclosure Policy, dated June 27, 2019, and in furtherance of the Material Facts dated September 3, 2020 and July 30, 2020, hereby informs its shareholders and the market in general that, within the scope of the primary and secondary public offering of common shares of MELNICK EVEN DESENVOLVIMENTO IMOBILIÁRIO S.A. (“Melnick” and “Offer”, respectively), the initial price per common share in the amount of R$8.50 was approved by Melnick’s Board of Directors and by the Company’s Board of Directors, at meetings held on September 24, 2020, based on the results of the book building process. Melnick’s Board of Directors also approved the increase in Melnick‘s paid-in capital, in the total amount of R$620,500,000.00, with the issuance by Melnick of 73,000,000 new, registered, book-entry common shares, with no par value, free and clear of any liens or encumbrances. Also, within the context of the Offer, the Company and another of Melnick’s shareholders, Melnick Participações S.A., may sell additional common shares of Melnick pursuant to an over-allotment option, without resulting in a change in control of Melnick.
The Announcement of Start (Anúncio de Início) and the Final Brazilian Prospectus will be available at the Company’s and Melnick’s investor relations websites, as well as the websites of the joint bookrunners, the CVM and the B3 S.A. – Brasil, Bolsa, Balcão.
This Material Fact is for informational purposes only pursuant to applicable legislation and does not constitute an offer to sell or the solicitation of an offer to buy any securities, including the Shares, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. No registration of the Offer or shares will be made with any securities regulator of any country, except for the CVM in Brazil. .
São Paulo, September 24, 2020.
JOSÉ CARLOS WOLLENWEBER FILHO
CFO and Investor Relations Director
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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 before 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.