OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of October, 2019
(Commission File No. 1-14862 )
Camacari, Bahia - CEP 42810-000 Brazil
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
in paper as permitted by Regulation S-T Rule 101(b)(7). _____
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ______ No ___X___
NOTICE TO THE MARKET
RELEVANT SHAREHOLDING SALE
São Paulo, October 18, 2019 – BRASKEM S.A. (B3: BRKM3, BRKM5 e BRKM6; OTC: BRKMY; LATIBEX: XBRK) (“Company”), pursuant to article 12 of CVM Instruction No. 358/02, hereby announces to its shareholders and the market that it has received a notice from BlackRock, Inc., a non-resident investor, with principal place of business at 55 East 52nd Street, City of New York, State of New York 10022-0002, United States of America, legally represented by Citibank DTVM S.A., enrolled with CNPJ/ME under No. 33.868.597/0001-40, JP Morgan, enrolled with CNPJ/ME under No. 33.851.205/0001-30, and HSBC Bank Brasil S.A., enrolled with CNPJ/ME under No. 01.701.201/0001-89, informing that sold preferred shares class A issued by the Company, being that, on October 10, 2019, its participation reached, in an aggregate basis, 16,924,390 class A preferred shares, representative of approximately 4.90% of the total amount of class A preferred shares issued by the Company, and 1,176,330 derivative financial instruments referenced in class A preferred shares with financial settlement, representative of approximately 0.34% of the total amount of class A preferred shares issued by the Company.
BlackRock, Inc. also announced that (i) the participation above mentioned is held strictly for investment purposes, and it is not intended to change the controlling interest or the administrative structure of the Company; and (ii) BlackRock, Inc. has not entered into any agreement governing the exercise of voting rights or the sale or purchase of securities issued by the Company.
The correspondence received from BlackRock, Inc. is attached to this notice.
For more information, please contact Braskem's Investor Relations Department by calling +55 (11) 3576-9531 or sending an e-mail tobraskem-ri@braskem.com.br.
Free Translation from the Original Portuguese Version
BRASKEM S.A.
Rua Lemos Monteiro, nº 120, 24º andar
CEP: 05501-050
São Paulo, SP, Brazil
Attn: Mr. Pedro Van Langendonck Teixeira de Freitas
Investor Relations Officer
Phone: +55 (11) 3576-9531
Fax: +55 (11) 3576-9532
E-mail: braskem-ri@braskem.com.br
October 15, 2019
BRASKEM S.A. - Disclosure of Relevant Ownership Interest Sale
Dear Sirs,
1 BlackRock, Inc. (“BlackRock”) hereby announces, on behalf of some of its clients, as investment manager, that it has saled of class A preferred shares issued by Braskem SA (“Company”), and that, as of October 10, 2019, its participation has reached, in an aggregate basis, 16,924,390 class A preferred shares, representative of approximately 4.90% of the total number of class A preferred shares issued by the Company, and 1,176,330 derivative financial instruments referenced in class A preferred shares with financial settlement, representative of approximately 0.34% of the total number of class A preferred shares issued by the Company.
2 In order to comply with the provisions of Article 12 of the Brazilian Securities and Exchange Commission (“CVM”) Ruling No. 358, dated January 3, 2002, as amended, BlackRock hereby requests the Investor Relations Officer of the Company to disclose the following information to the CVM and other competent bodies:
(i) BlackRock is headquartered at 55 East 52nd Street, New York, NY 10022-0002, USA.
(ii) the participation held by BlackRock has reached, in an aggregate basis, 16,924,390 class A preferred shares, representative of approximately 4.90% of the total number of class A preferred shares issued by the Company, and 1,176,330 derivative financial instruments referenced in class A preferred shares with financial settlement, representative of approximately 0.34% of the total number of class A preferred shares issued by the Company, as specified in item 1 above.
(iii) The purpose of the aforementioned ownership interest is strictly investment, and is not intended to change the controlling interest or administrative structure of the Company; and
(iv) BlackRock has not entered into any contracts or agreements governing the exercise of voting rights or the purchase and sale of securities issued by the Company.
3 We remain at your disposal for any further clarifications or comments that might be necessary on the subject.
Respectfully submitted,
[signature]
BlackRock, Inc.
By Renata Cardoso
Page 1 of 1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date:October 18, 2019BRASKEM S.A. | |||
By: | /s/ Pedro van Langendonck Teixeira de Freitas | ||
Name: | Pedro van Langendonck Teixeira de Freitas | ||
Title: | Chief Financial Officer |
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