Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, reports that it was notified by BlackRock, Inc. ("BlackRock") that the latter has acquired preferred shares issued by the company and as of November 28, 2018 it manages share interests of approximately 5.00% of preferred shares issued by Petrobras, thus qualifying as a relevant holder of shares in the company’s capital stock, as per the information below.
Petrobras informs that it has pre-paid bank debts totaling US$ 1.35 billion, according to the table below:
Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, informs that it was notified by BlackRock, Inc. ("BlackRock") that the latter has sold preferred shares issued by the company, and as of November 27, 2018 it manages shareholding interest less than 5% of the preferred shares issued by Petrobras, and no longer qualifies as holder of significant shareholding interest in the capital stock of the company, as per the information below.
Petrobras, regarding the news article published today by O Globo newspaper under the headline "Petrobras plans to invest US$ 85 billion over the next 5 years” (“Petrobras pretende investir US$ 85 bilhões nos próximos 5 anos”), clarifies that there is no decision on the company’s Business and Management Plan for the 2019-2023 period.
Petrobras reports that its Board of Directors approved yesterday the end of the Special Committee set up in December 2014 to provide a reporting line for the independent investigations conducted by Trench, Rossi e Watanabe Advogados and Gibson, Dunn & Crutcher LLP.
Petrobras, following up on the release disclosed on 10/29/18 informs that, due to the methodology established in the National Petroleum Agency (ANP) Resolution no. 743 of 8/27/18, the average price of diesel will be R$ 1.7984 per liter in the period from 11/29/18 to 12/15/18, representing a reduction of 15,3% in relation to the current average selling price.
Petrobras announces that its Board of Directors approved yesterday the full sale of its stake in 34 onshore production fields, located in the Potiguar Basin, in Rio Grande do Norte state, to the company 3R Petroleum.
Petrobras reports that it has signed today with Perenco the contracts for the full sale of Petrobras’ stake in the fields of Pargo, Carapeba and Vermelho, the so-called Polo Nordeste, located in shallow waters off the coast of Rio de Janeiro state.
Petrobras reports that the 2019-2023 Business and Management Plan is still under discussion and will be submitted to the Board of Directors of Petrobras, the relevant body for its approval, before timely disclosure to the market.
Petrobras reports that today the Administrative Board of Tax Appeals (CARF) issued a decision against the company in administrative tax proceedings on a total estimated amount of R$ 7 billion, arising from tax assessments drawn up by the Federal Revenue Service for the collection of CIDE (base year 2012) and PIS/COFINS-import (base year 2010) on remittances abroad for the payment of chartering of vessels.