United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the
Securities Exchange Act of 1934
For the month of
February 2020
Vale S.A.
Praia de Botafogo nº 186, 18º andar, Botafogo
22250-145 Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
(Check One) Form 20-Fx Form 40-F¨
(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1))
(Check One) Yes¨ Nox
(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7))
(Check One) Yes¨ Nox
(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
(Check One) Yes¨ Nox
(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b). 82-_.)
Vale informs decrease of relevant shareholding ownership
Rio de Janeiro, February 19th, 2020 – Vale S.A (“Vale”) informs that on this date, it received a formal notice from BB Gestão de Recursos DTVM S.A., which states the following:
“Pursuant to Article 12, caput, of Rulling 358 of 01/03/2002, issued by the Brazilian Securities Commission (“CVM”), as subsequently amended, that the funds managed by BB Gestão de Recursos DTVM S.A., CNPJ 30.822.936/0001-69, reduced common shares issued by Vale, and on February 11, 2020, now manages a total of 0.68% of this class of share, qualifying as a non relevant shareholder in the total capital of that company, according to the information below:
I. Common shares owned by BB Gestão de Recursos DTVM S.A. totaled 36,088,174, which represents 0.68% of the total capital of 5,284,474,770 common shares;
II. The purpose of the shares participations mentioned is strictly for investment, and does not aim to alter the control or the administrative structure of the company;
III. There is no agreement or contract regulating the exercise of voting rights or the purchase and sale of securities issued by the company where BB DTVM is involved.”
Vale informs that it will proceed with the updating of its Reference Form to reflect the aforementioned
change, pursuant to CVM Instruction no 480/09 as amended.
For further information, please contact:
+55-21-3485-3900
Andre Figueiredo: andre.figueiredo@vale.com
Andre Werner: andre.werner@vale.com
Mariana Rocha: mariana.rocha@vale.com
Samir Bassil: samir.bassil@vale.com
This press release may include statements that present Vale’s expectations about future events or results. All statements, when based upon expectations about the future, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM) and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Vale S.A. | ||
(Registrant) | ||
By: | /s/ André Figueiredo | |
Date: February 19, 2020 | Director of Investor Relations |