Notice to the Market – Conclusion of TROC Acquisition
AREZZO INDÚSTRIA E COMÉRCIO S.A. (“Company” or “Arezzo”), in continuity to the Notices to the Market released on November 20th, 2020 and December 24th, 2020, communicates to its shareholders and the market in general the following.
On this date, it was concluded the transaction by which ZZAB Comércio de Calçados Ltda. (CNPJ No. 07.900.208/0001-06) (“ZZAB”), a company controlled by the Company, acquired equity in TROC.COM.BR – Atividades de Internet S.A. (CNPJ No. 24.783.757/0001-67) (“TROC”), as agreed by the parties pursuant the “Purchase and Sale, Subscription of Shares and Other Covenants Agreement” (“Contrato de Compra e Venda, Subscrição de Ações e Outras Avenças”), executed on November 19th, 2020 (“Transaction”).
As previously disclosed by the Company, with the completion of the Transaction, ZZAB and other companies controlled by Arezzo hold approximately 75% of TROC’s total and voting capital stock.
The Company will keep its shareholders and the market updated on the relevant progresses related to the matters discussed herein.
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