Fato Relevante – Efetivação de segregação de atividades

Fato Relevante – Efetivação de segregação de atividades

São Paulo, 08 de abril de 2016 – BANCO BTG PACTUAL S.A. (“BTG Pactual”) pursuant to CVM Instruction 358, hereby informs its shareholders and the market that it has decided to implement the separation (“Separation”) of its commodity trading activities, with the exception of those activities carried out by the Brazil energy trading desk (“Commodities Platform”) from the operational structure of BTG Pactual and to rearrange the Commodities Platform under a new Luxembourg-based company named Engelhart Commodities Trading Partners (“Engelhart CTP”).

 

The Commodities Platform will operate separately from BTG Pactual under the new brand name Engelhart Commodities Trading Partners, with limited administrative and operational services to be provided by BTG Pactual based on arm’s length contracts in accordance with market practices, including cost sharing and infrastructure sharing agreements, until such services are fully assumed by Engelhart CTP. The new company will have approximately US$ 1.6 billion in shareholders’ equity and US$ 5.7 billion in total assets (based on the reference date of February 29, 2016). It is anticipated that a portion of such equity will be held by senior employees of Engelhart CTP under an incentive program, the material terms of which have been agreed and which are now being set forth in definitive agreements.

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Diretoria de Relações com Investidores
Email: ri@btgpactual.com
Fone: +55 (11) 3383-2000