NOTICE TO SHAREHOLDERS
CAPITAL INCREASE
The closing period for subscription of leftovers and allocation of additional leftovers
HELBOR EMPREENDIMENTOS S.A.
Public Company
CNPJ/MF n.º 49.263.189/0001-02
NIRE 35.300.340.337 | Código CVM n.º 20877
Mogi das Cruzes, November 23, 2016 - Helbor Empreendimentos S.A., a corporation
headquartered in the city of Mogi das Cruzes, São Paulo, at Avenida Vereador Narciso Yague
Guimaraes, 1,145, 15th floor, Jardim Armenia, Helbor Concept – Edíficio Corporate, city of
Mogi das Cruzes, São Paulo, CEP 08780-500, with its articles of incorporation registered at the
Commercial Registry of the State of São Paulo ("JUCESP") under NIRE 35.300.340.337, enrolled
with the CNPJ/MF No. 49.263.189/0001-02 registered in the Comissão de Valores Mobiliários
("CVM") as a public company category "A" under the code 20877, with its stocks traded on the
Novo Mercado of BM&FBOVESPA S.A. - Bolsa de Valores Mercadorias e Futuros
("BM&FBOVESPA") under HBOR3 ticker, a residential and commercial real estate developer in
10 states and the Federal District, covering 28 cities in Brazil, hereby, continuing to the
information contained in the notice to shareholders published on September 20, 2016 ("Notice
to Shareholders"), informs its shareholders, investors and the market in general as follows:
1. Capital Increase: The Board of Directors, in a meeting held on September 20, 2016,
approved, within the authorized capital limit, increase in the Company's capital in the
amount of R$ 120,000,001.44 (one hundred and twenty million and one real and fortyfour cents) made by the private issue of 68,181,819 (sixty-eight million, one hundred
eighty one thousand, eight hundred nineteen) new common shares, ordinary,
nominative , with no par value, at an issue price of R$ 1.76 per share (one real and
seventy-six cents) to be paid in national currency ( "Capital Increase").
2. Closing period for subscription of leftovers: The period for subscription of leftovers
and requests for additional leftovers from the common shares to be issued under the
Company's Capital Increase began on November 7, 2016, inclusive, and Ended on
November 11, 2016, inclusive ("Subscription Period of leftovers").
3. Number of subscribed leftovers: During the Subscription Period of leftovers,
1,113,222 (one million, one hundred thirteen thousand, two hundred and twenty-two)
ordinary shares, with no par value, were subscribed in the total amount of
R$ 1,959,270.72 (one million, nine hundred and fifty-nine thousand, two hundred and
seventy reais and seventy-two cents).
4. Total number of subscribed shares: Within the scope of the Capital Increase, a total of
68,181,812 (sixty-eight million, one hundred and eighty-one thousand, eight hundred
and twelve) ordinary shares, with no par, were subscribed in the total amount of
R$ 119,999,989.12 (one hundred and nineteen million, nine hundred and ninety-nine
thousand, nine hundred and eighty-nine reais and twelve cents), corresponding to
99.9999897% of the shares available for subscription under the Capital Increase.
5. Apportionment: Requests for subscription of additional leftovers were allocated based
on the proportional apportionment released in the notice to shareholders disclosed by
the Company on November 3, 2016. Based on the apportionment, the subscribers
were allocated to the subscribers who requested additional leftovers, a total number
of additional shares corresponding to up to 1.52% of the total number of shares
subscribed by each subscriber during the term to exercise the preemptive right in the
subscription of the Capital Increase. Accordingly, the shareholders who requested
surplus up to said percentage were fully paid. The shareholders who requested
leftovers in percentage greater than said percentage were partially served up to the
limit of 1.52% mentioned above.
6. Payment period for leftovers: The leftovers shares and additional leftovers subscribed
during the Subscription Period must follow the specific procedures of the Central
Depositary of Assets of BM&FBOVESPA and of Banco Bradesco S.A., the financial
institution responsible for the rendering of services of the shares issued by the
Company ("Custodian"), to be paid up to November, 28, 2016, in national currency.
7. Auction: Considering that the number of shares subscribed exceeds 56,818,182 (fiftysix million, eight hundred and eighteen thousand, one hundred and eighty-two)
ordinary shares, with no par value, in the total amount of R$ 100,000,000.32 (one
hundred million reais and thirty-two cents), which subscription was necessary for the
approval of the partially subscribed capital increase, as Notice to the shareholders
disclosed by the Company on September 20, 2016 ("Minimum Subscription"), shall not
be carried out the sale on the stock exchange pursuant to article 171, paragraph 7,
item "a" of the Brazilian Corporate Law.
8. No additional period for the reconsidered investment decision: No additional period
will be granted for the reconsidered investment decision since it was possible to
condition the subscription of the Capital Increase, pursuant to the notice to
shareholders disclosed by the Company on September 20, 2016.
9. Approval of Capital Increase: Considering the end of the Subscription Period for
leftovers and the achievement of minimum subscription, a meeting of the Board of
Directors will be held to approve the Capital Increase, within the authorized capital,
without the need to reform or change the Company's bylaws.
10. Credit for subscribed shares: The subscribed shares corresponding to the subscribed
leftovers during the Subscription Period for leftovers will be issued and credited to
subscribers up to four (4) business days after the approval of the Capital Increase by
the Company's Board of Directors.
11. Custodian: Shareholders whose shares are registered with the Custodian may exercise
the rights mentioned in this notice to shareholders at the branch of Banco Bradesco
S.A. - Stock and Custody Department located in Cidade de Deus S / N - Prédio Amarelo,
2 ° andar, Vila Yara, Osasco, SP.
12. Additional information: Additional information about the capital increase may be
obtained from the CVM website (www.cvm.gov.br), the BMF&BOVESPA
(www.bmfbovespa.com.br) or the Company’s Investor Relations Department, through
the electronic address (email) [email protected].
Roberval Lanera Toffoli
CFO and Investor Relations Officer