Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
GOL INFORMS CONCLUSION OF SHAREHOLDING RESTRUCTURING
OF ITS CONTROLLING SHAREHOLDER
São Paulo, June 20, 2006 GOL Linhas Aéreas Inteligentes (NYSE: GOL and Bovespa: GOLL4), Brazils low-cost, low-fare airline, informs that its controlling shareholder, Aeropar Participações S.A. (Aeropar), concluded on June 19, 2006 the transfer of 107,590,772 ordinary shares of GOL to Fundo de Investimento em Participações Asas (Fund), an investment fund beneficially owned by the ultimate controlling shareholders of GOL. The transfer did not entail any transfer of control and had no effect on the free float of the preferred shares and ADSs of GOL.
In the context of the share transfer, the ultimate controlling shareholders of GOL retained (under a reservation of usufruct) and are entitled to exercise the voting rights conferred by ordinary shares representing a majority (50.00013484212%) of
the total issued ordinary shares of GOL. The share transfer does not change the ultimate beneficial ownership over the shares and has no effect on the management of GOL.
CONTACT: GOL Linhas Aéreas Inteligentes S.A.
Ph: (5511) 5033 4393
e-mail: ri@golnaweb.com.br
www.voegol.com.br/ir
This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of GOL. These are merely projections and, as such, are based exclusively on the expectations of GOLs management concerning the future of the business and its continued access to capital to fund the Companys business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in GOLs filed disclosure documents and are, therefore, subject to change without prior notice.
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GOL LINHAS AÉREAS INTELIGENTES S.A.
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By: |
/S/
Richard F. Lark, Jr. | |
Name: Richard F. Lark, Jr.
Title: Vice President Finance, Chief Financial Officer
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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.