Nexa director discloses 2.36M-share indirect holding
Nexa Resources S.A. director Luis Ermirio de Moraes filed an initial Form 3 reporting indirect ownership of 2,356,402 Common Shares.
Rhea-AI Filing Summary
Nexa Resources S.A. director Luis Ermirio de Moraes filed an initial Form 3 reporting indirect ownership of 2,356,402 Common Shares. These shares are held through Hejoassu Administracao S.A., which is the sole shareholder of Votorantim S.A., Nexa Resources S.A.’s controlling shareholder.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ermirio de Moraes Luis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 2,356,402 shares (Indirect, Hejoassu)
Footnotes (1)
- F1. These securities are held in Hejoassu Administracao S.A., a corporation organized as a sociedade anonima under the laws of Brazil ("Hejoassu"). Hejoassu is the sole shareholder of the entirety of Votorantim S.A.'s, a corporation organized as a sociedade anonima under the laws of Brazil ("VSA"), capital stock. VSA is Nexa Resources S.A.'s controlling shareholder.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Nexa Resources (NEXA) Form 3 for Luis Ermirio de Moraes report?
The Form 3 reports Luis Ermirio de Moraes’ initial indirect ownership in Nexa Resources S.A. It shows he is linked to 2,356,402 Common Shares, held through Hejoassu Administracao S.A., rather than detailing any recent share purchase or sale activity.
Is the Nexa Resources (NEXA) Form 3 a buy or sell transaction?
This Form 3 does not record a buy or sell transaction. It is an initial statement of beneficial ownership, showing an existing indirect holding of 2,356,402 Common Shares rather than new purchases, sales, or derivative exercises by Luis Ermirio de Moraes.
What role does Hejoassu play in Nexa Resources (NEXA) ownership?
Hejoassu Administracao S.A. holds the 2,356,402 Nexa Resources Common Shares reported on the Form 3. It is also stated to be the sole shareholder of Votorantim S.A., Nexa’s controlling shareholder, indicating that the reported position sits within this broader corporate ownership chain.
AI-generated analysis. How Rhea-AI works. Not financial advice.