UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form6-K
Report Of Foreign Private Issuer
Pursuant To Rule13a-16 Or15d-16 Of
The Securities Exchange Act Of 1934
For the month of December, 2019
Commission File Number:001-14950
ULTRAPAR HOLDINGS INC.
(Translation of Registrant’s Name into English)
Brigadeiro Luis Antonio Avenue, 1343, 9º Floor
São Paulo, SP, Brazil01317-910
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form20-F or Form40-F:
Form20-F X Form40-F
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(1):
Yes No X
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(7):
Yes No X
ULTRAPAR HOLDINGS INC.
TABLE OF CONTENTS
| ITEM |
| 1. | Minutes of the Meeting of the Board of Directors | |
| 2. | Market Announcement |
ULTRAPAR PARTICIPAÇÕES S.A.
Publicly Traded Company
| CNPJ nr33.256.439/0001-39 | NIRE 35.300.109.724 |
MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS
Date, Time and Location:
December 4, 2019, at 10:00 a.m., at the Company’s headquarters, located at Av. Brigadeiro Luís Antônio, nr 1343, 9th floor, in the City and State of São Paulo.
Attendance:
(i) Members of the Board of Directors undersigned; (ii) Chief Executive Officer, Mr. Frederico Pinheiro Fleury Curado; (iii) Chief Financial and Investor Relations Officer, Mr. André Pires de Oliveira Dias; and (iv) other executive officers of the Company, Mrs. Décio de Sampaio Amaral, João Benjamin Parolin, Marcelo Pereira Malta de Araújo, Rodrigo de Almeida Pizzinatto, Ricardo Isaac Catran, Tabajara Bertelli Costa.
Agenda and Decisions:
| 1. | The Directors discussed and approved the Company’s Strategic Plan of 2020-2034 and the Budget for 2020. |
| 2. | The members of the Board of Directors approved the Corporate Financial Risk Management Policy and the Corporate Executive Compensation Policy. |
| 3. | The Board members verified, pursuant to the Company’s Securities Trading Policy, the adherence of the trading made by the participant to the Company’s Individual Investment Program. |
Observation: The resolutions were approved, with no amendments or qualifications, by all Board Members.
As there were no further matters to be discussed, the meeting was concluded, and the minutes of this meeting were written, read and approved by all the undersigned members present.
Pedro Wongtschowski– Chairman
Lucio de Castro Andrade Filho– Vice-chairman
Alexandre Gonçalves Silva
Ana Paula Janes Vescovi
Flávia Buarque de Almeida
Joaquim Pedro de Mello
Jorge Marques de Toledo Camargo
José Galló
José Maurício Pereira Coelho
Nildemar Secches
ULTRAPAR PARTICIPAÇÕES S.A.
MARKET ANNOUCEMENT
São Paulo, December 4, 2019 – Ultrapar Participações S.A. (B3: UGPA3 / NYSE: UGP, “Ultrapar” or “Company”) announces its investment plan for 2020, approved on this date by the Board of Directors.
Ultrapar’s investment plan for 2020 amounts to R$ 1,771 million and reinforces the Company’s commitment to the sustainable growth of its business and selectivity in capital allocation.
Organic investment plan¹
Million BRL | 2020 | |||||||||||
| Expansion | Maintenance and Others | Total | ||||||||||
Ipiranga² | 528 | 345 | 873 | |||||||||
Oxiteno | 19 | 209 | 228 | |||||||||
Ultragaz | 179 | 135 | 314 | |||||||||
Ultracargo | 103 | 135 | 238 | |||||||||
Extrafarma | 15 | 39 | 53 | |||||||||
Others³ | – | 65 | 65 | |||||||||
Total | 843 | 927 | 1,771 | |||||||||
| 1 | Net of disposals, excluding acquisitions |
| ² | Includes financing to clients, net of repayments |
| ³ | Includes corporate and technology investments |
At Ipiranga, 60% of the amount approved will be invested in the expansion of (i) the service stations network, (ii) the logistics infrastructure, with the construction of two logistics facilities, in addition to the concessions won this year in Belém (PA), Cabedelo (PB) and Vitória (ES), and (iii) company-operated stores and new franchises at am/pm and Jet Oil. The remaining 40% will be deployed to maintenance and modernization of its activities, mainly in the renewal of contracts with clients, logistics infrastructure and technology to support its operations.
The approved investment for Oxiteno will be directed substantially to maintenance and safety of its industrial units, R&D and improvement of its information technology systems.
At Ultragaz, the amount approved will be invested to attract new clients in the bottled and bulk segments, for replacement and purchase of LPG bottles to support the volume growth, expansion and maintenance of the filling plants and information technology.
Ultracargo will invest mainly in the construction of a terminal in Vila do Conde (PA), expansion of Itaqui (MA) and Suape (PE) terminals, as well as in continuous improvement on safety, infrastructure and maintenance of terminals.
Extrafarma plans to invest mainly in a technology platform, in the network expansion and logistics infrastructure, specifically through a new distribution center in the Northeast region, and in store maintenance and renovation.
André Pires de Oliveira Dias
Chief Financial and Investor Relations Officer
Ultrapar Participações S.A.
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: December 4, 2019
| ULTRAPAR HOLDINGS INC. | ||
| By: | /s/ Andre Pires de Oliveira Dias | |
Name: Andre Pires de Oliveira Dias Title: Chief Financial and Investor Relations Officer | ||
(Minutes of the Meeting of the Board of Directors and Market Announcement)