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6-K Filing
Banco Santander (BSBR) 6-KBSBR20200811_6K
Filed: 12 Aug 20, 12:00am
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes _______ No ___X____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes _______ No ___X____
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant 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____
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
BANCO SANTANDER (BRASIL) S.A.
Publicly-Held Company with Authorized Capital
CNPJ/MF: 90.400.888/0001-42
NIRE: 35.300.332.067
NOTICE TO THE MARKET
Banco Santander (Brasil) S.A. (“Santander Brasil”), in compliance with the provisions of Instruction No. 358/02 of the Brazilian Securities and Exchange Commission, as amended, hereby informs its shareholders and the market in general that it has executed, on this date, with the shareholders of Gira - Gestão Integrada de Agronegócio S.A. (“Gira”), a share purchase and sale agreement and other covenants, whereby, once the transaction is implemented, it will hold 80% of Gira's share capital (“Transaction”).
Gira is a technology company that operates in the management of agribusiness receivables and has a strong technological platform, capable of adding greater security to agricultural credit operations. This is possible by means of the use of applications, such as geolocation of productive areas, capture and analysis of agronomic data and permanent monitoring of the production performance of the sites involved in credit operations. Gira's solutions also include the review and digital registration of collateral provided under commercial contracts and continuous monitoring of crop development as a way of monitoring risks.
The conclusion of the Transaction will be subject to the signing of the definitive instruments and the implementation of certain usual conditions in this type of transaction, including the applicable regulatory approvals. The provisions of art. 256 of Law 6,404, of December 15, 1976 are not applicable to the Transaction.
Santander Brasil will keep its shareholders and the market informed about the development of the Transaction.
São Paulo, August 11th, 2020.
Angel Santodomingo Martell
Investor Relations Officer
BANCO SANTANDER (BRASIL) S.A.
Banco Santander (Brasil) S.A. | ||
By: | /S/ Amancio Acurcio Gouveia | |
Amancio Acurcio Gouveia Officer Without Specific Designation | ||
By: | /S/ Angel Santodomingo Martell | |
Angel Santodomingo Martell Vice - President Executive Officer |