GOL informed its shareholders and to the public, in continuity to the Material Fact disclosed on December 07,2011, that its Board of Directors, at a meeting held on December 21, 2011, approved an increase in the capital stock of the Company.
The Capital Increase is part of the Company’s capitalization transaction, through indirect investment by Delta Air Lines, Inc. (“Delta”), with the acquisition of 8,300,455 preferred shares in form of ADS of the Company, with the issue price fixed at R$22.00. Preemptive rights shall be also granted to the all GOL´s shareholders.
Source:- travelandtourworld.com
