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Material Fact – Corporate restructuring related to Itaú’s equity interest in XP Inc.’s capital stock – PRNewswire

SO PAULO, Jan. 31, 2021 /PRNewswire/ — In accordance with paragraph 4 of Article 157 of Law No. 6404/1976 and CVM Instruction No. 358,02, Ita Unibanco Holding S.A (“Ita Unibanco” or “Company”) informs its stockholders and the general market that, in line with the Material Facts disclosed on November 3 and 26 and December 31, 2020, as of today, January 31, 2021, the Extraordinary General Stockholders’ Meeting (“ESM”) was held and approved the proposal for the corporate restructuring aimed at segregating the Ita Unibanco Conglomerate’s business line in connection with the equity interest in XP Inc. (“XP”), a company incorporated in the Cayman Islands and listed on Nasdaq, represented by two hundred twenty-six million, five hundred twen…

Read the full article at: https://www.prnewswire.com/news-releases/material-fact—corporate-restructuring-related-to-itaus-equity-interest-in-xp-incs-capital-stock-301218569.html

Category: RestructuringBy Insolvency GuardianFebruary 1, 2021

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Material Fact – Corporate restructuring related to Itaú’s equity interest in XP Inc.’s capital stock – PRNewswire

SO PAULO, Dec. 31, 2020 /PRNewswire/ — Ita Unibanco Holding S.A. (“Ita Unibanco” or “Company”), in accordance with Article 157, paragraph 4, of Law No. 6,404/1976 (“Brazilian Corporate Law”), and CVM Instruction No. 358/2020, both as amended, and Article 3 combined with Attachment 3 to CVM Instruction No. 565/2015, announces to its stockholders and the market in general, in line with the Material Facts disclosed on November 3 and 26, 2020, that, as of this date, the Company’s Board of Directors called the Extraordinary General Stockholders’ Meeting (“ESM”) to be held on January 31, 2021, according to the Call Notice disclosed as of this date, to resolve on the proposal for a corporate restructuring aimed at segregating Ita Unibanco c…

Read the full article at: https://www.prnewswire.com/news-releases/material-fact—corporate-restructuring-related-to-itaus-equity-interest-in-xp-incs-capital-stock-301199692.html

Category: RestructuringBy Insolvency GuardianJanuary 1, 2021

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