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Petrobras said it was communicated by Goldman Sachs & Co. LLC that Goldman Entities no longer qualify as a holder of a relevant shareholding position in the company's capital stock. On December 21, they started to manage a shareholding position of less than 5% of the preferred shares issued by Petrobras.


RTTNews | Dec 24, 2021 01:13AM EST

01:13 Friday, December 24, 2021 (RTTNews.com) - Petrobras said it was communicated by Goldman Sachs & Co. LLC that Goldman Entities no longer qualify as a holder of a relevant shareholding position in the company's capital stock. On December 21, they started to manage a shareholding position of less than 5% of the preferred shares issued by Petrobras.

The Goldman entities entered into transactions that resulted in a physically settled derivative position equivalent to 178,048,550 preferred shares issued by the company, or 3.18% of the preferred shares of Petrobras.

Read the original article on RTTNews ( https://www.rttnews.com/3251443/goldman-entities-no-longer-a-holder-of-relevant-shareholding-position-in-capital-stock-of-petrobras.aspx)

For comments and feedback: contact editorial@rttnews.com

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