Ultrapar: Pátria sells 7.6M shares, or 0.7%
The voting arrangements cover 34.7% of Ultrapar’s share capital, below the 35% threshold cited under CVM Resolution 44.
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Rhea-AI Filing Summary
Ultrapar Holdings Inc. (UGP) reported a market announcement by Ultrapar Participações S.A. that Pátria Private Equity VI FIP Multiestratégia sold 7,599,879 Ultrapar shares it held directly, representing 0.7% of Ultrapar’s share capital. Pátria was a party to the Shareholders’ Agreement involving Ultra S.A. and Parth do Brasil Ltda.
After the sale, 386,810,866 shares, or 34.7% of Ultrapar’s share capital, remained subject to the agreement’s voting arrangements, below the 35% threshold cited under Article 12 of CVM Resolution 44. Ultra S.A. and Parth’s ownership position in Ultrapar, and Pátria’s ownership position in Ultra S.A., remained unchanged. The announcement states the sale was not intended to change Ultrapar’s control or management structure and did not amend the Shareholders’ Agreement.
Key Figures
Key Terms
voting rights arrangements regulatory
CVM Resolution 44/21 regulatory
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