BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Amilpar Incorporation of Shares Issued by Medial Saude SA and Amil Assistencia Medica Internacional S.A.


6/8/2010 10:20:58 AM

RIO DE JANEIRO, June 07/PRNewswire-FirstCall/ -- The management of Amil Participacoes S.A. ("Amilpar") and Medial Saude S.A. ("Medial"), in accordance with article 157, paragraph 4, of Law 6,404/76 (Brazilian Corporate Law) and CVM Instruction 358/02, and in addition to the Relevant Facts released on April 13 and 30, 2010 and May 3, 2010, informs its shareholders and the market the following:

Incorporation of shares issued by Medial Saude S.A.

1. On June 2, 2010, ended the deadline for holders of Medial common shares to manifest the right of withdrawal due to the incorporation of the totality of Medial shares by Amil Assistencia Medica Internacional S.A. ("Amil Assistencia"), matter of deliberation of the General Meetings of those companies held on April 29, 2010.

2. The refund amount due to the exercise of withdrawal right by Medial shareholders as consequence of the incorporation of the totality of Medial shares by Amil Assistencia totaled R$ 24,270,557.50, corresponding to R$ 17.50 per share. The refund value will be paid to Medial shareholders on June 9, 2010.

3. Amil Assistencia and Medial ratify the resolutions adopted at the General Meetings mentioned in item 1, and therefore will not exercise the power granted by article 137, paragraph 3, of Law 6,404/76.

4. Due to the incorporation of the totality of Medial shares by Amil Assistencia, the last trading day of the Medial shares at the BM&FBOVESPA (trading code MEDI3) will be June 10, 2010.

5. As previously disclosed to the market, Medial shareholders that did not exercise the withdrawal right, will receive for each share issued by Medial, 2.68 common shares issued by Amil Assistencia, a private company controlled by Amilpar, in substitution of their shares issued by Medial, with the consequences described in item 7.

To access the complete Relevant Fact visit our website at www.amilpar.com.br/ir

IR Contact

Erwin Kleuser

Investor Relations Officer

Phone: +55 (21) 3805-1155

invest@amil.com.br

www.amilpar.com.br/ir



About Amilpar

Amil Participacoes S.A. is the largest managed care organization in Brazil, according to the ANS, currently assisting over 5 million members.

SOURCE Amilpar



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES