SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of November 2020
(Commission File No. 001-32221)
GOL LINHAS AÉREAS INTELIGENTES S.A.
(Exact name of registrant as specified in its charter)
GOL INTELLIGENT AIRLINES INC.
(Translation of registrant’s name into English)
Praça Comandante Linneu Gomes, Portaria 3, Prédio 24
Jd. Aeroporto
04630-000 São Paulo, São Paulo
Federative Republic of Brazil
(Address of registrant’s principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
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___
 | Capital Increase |
São Paulo, November 3, 2020 – GOL Linhas Aéreas Inteligentes S.A. (“GOL” or “Company”) (NYSE: GOL and B3: GOLL4, announces to its shareholders and the market in general that its board of directors homologated on October 29,2020 an increase in the Company’s capital stock, within the limit of its authorized capital, in the amount of R$304,223.92, upon the issuance of 116.116 preferred shares, with no par value, as a result of the exercise of stock purchase options granted under the Company’s Stock Purchase Option Plan.
The preferred shares issued are identical to existing preferred shares and, under the terms of the Company’s Stock Purchase Option Plan, will be entitled to the same rights granted to existing preferred shares, including the receipt of dividends and interest on capital.
The preferred shares were issued with the exclusion of preemptive rights of the Company’s shareholders, as approved pursuant to the provisions of Article 171, §3, of Law No. 6404, dated December 15, 1976, as amended.
The total issue price is R$304,223.92, in accordance with the Company’s Stock Purchase Option Plan, representing R$2.62, per preferred share.
As a result of the capital increase, the Company’s capital stock will be increased from R$3,164,750,130.96 to R$3,165,054,354.88, represented by 3,137,706,967 shares, of which 2,863,682,710 are common shares and 274,024,257 are preferred shares, all nominative with no par value.
Also, in accordance with Article 30, XXXII, of CVM Instruction No. 480, the Company discloses the following information:
– Sale price of all types and classes of the Company’s shares in the markets in which its shares are traded, identifying:
a) Closing sale price in each of the last three years as indicated:
| Minimum (R$) | Average (R$) | Maximum (R$) | |
| 2019 | 20.09 | 30.96 | 44.62 |
| 2018 | 9.31 | 16.20 | 25.38 |
| 2017 | 4.51 | 10.20 | 15.60 |
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|
GOL Linhas Aéreas Inteligentes S.A.| | Capital Increase |
b) Closing sale price in each of the quarters as indicated, in the last two years:
| Minimum (R$) | Average (R$) | Maximum (R$) | |
| 4Q2019 | 30.62 | 35.01 | 38.89 |
| 3Q2019 | 31.52 | 36.31 | 44.62 |
| 2Q2019 | 20.09 | 25.92 | 33.04 |
| 1Q2019 | 22.51 | 26.25 | 31.70 |
| 4Q2018 | 10.61 | 19.10 | 25.38 |
| 3Q2018 | 9.31 | 11.75 | 14.83 |
| 2Q2018 | 10.18 | 16.10 | 23.89 |
| 1Q2018 | 14.60 | 18.13 | 21.68 |
c) Closing sale price in each of the last six months as indicated:
| Minimum (R$) | Average (R$) | Maximum (R$) | |
| September/2020 | 16.30 | 19.29 | 21.97 |
| August/2020 | 16.96 | 18.14 | 20.37 |
| July/2020 | 17.74 | 19.85 | 21.99 |
| June/2020 | 11.78 | 18.65 | 25.13
|
| May/2020 | 9.53 | 11.59 | 13.76 |
| April/2020 | 9.06 | 11.44 | 13.40 |
d) Average closing sale price in the last 90 days: R$ 19.04
- Percentage of potential dilution resulting from the issuance: 0.0326312%
| 2 |
|
| | Capital Increase |
Investor Relations
ri@voegol.com.br
www.voegol.com.br/ri
+55(11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A.
GOL serves more than 36 million passengers annually. With Brazil's largest network, GOL offers customers more than 750 daily flights to over 100 destinations in Brazil and in South America, the Caribbean and the United States. GOLLOG’s cargo transportation and logistics business serves more than 3,400 Brazilian municipalities and more than 200 international destinations in 95 countries. SMILES allows over 16 million registered clients to accumulate miles and redeem tickets to more than 700 destinations worldwide on the GOL partner network. Headquartered in São Paulo, GOL has a team of approximately 16,000 highly skilled aviation professionals and operates a fleet of 129 Boeing 737 aircraft, delivering Brazil's top on-time performance and an industry leading 19-year safety record. GOL has invested billions of Reais in facilities, products and services and technology to enhance the customer experience in the air and on the ground. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ri.
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SIGNATURE
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: November 3, 2020
| GOL LINHAS AÉREAS INTELIGENTES S.A. | ||
| By: | /s/ Richard F. Lark, Jr. | |
Name: Richard F. Lark, Jr. Title: Investor Relations Officer | ||