Risposta IR
Dear Gionata.
Thank you for your contact.
As per your demand:
1- 1000 USD bonds = 1000 USD shares. Each share will cost 0.25 BRL , so considering an exchange rate of 2,5 to make it simple, 1000 USD= 2500 BRL = 10000 shares.
So, answering your question, 1000 USD bonus = 1000 USD shares = 10000 at an exchange rate of 2,5, which is just an assumption.
2- The price of the share will be 0.25 BRL each.
3- OTC
Did that answer your questions?
Kindest regards,
Vanessa
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Vanessa Scampini
Dopo
Dear Gionata,
In the calculation of item 1, I forgot to make it clear that from all the bonds held, only up to 85% of the bonds become equity.
Making it simple with a numerical example, considering the same assumptions mentioned before, it becomes:
1- 1000 USD bonds x0,85% = 850 USD convertible to shares, therefore 850 USD shares, at 0,25 BRL each, considering the assumed conversion rate of 2,5, 2125 BRL shares = 8500 shares.
Was that clear enough?
Kindest regards,
Vanessa Scampini