Grupo BTG Pactual : Notice to the Market - Alienation of Relevant Interest - Beryl*

47e03549-a68f-4807-8485-550bc7ac0306.pdf

Pactual

BANCO BTG PACTUAL S.A.

Companhia Aberta

CNPJ/MF 30.306.294/0001-45

Praia de Botafogo n° 501, 6° andar Rio de Janeiro, RJ, Brasil

BTG PACTUAL PARTICIPATIONS LTD

Companhia Aberta

CNPJ/MF 15.073.274/0001-88

Clarendon House, 2 Church Street Hamilton, HM 11, Bermuda

COMUNICADO AO MERCADO

Banco BTG Pactual S.A. ("Banco") e BTG Pactual Participations Ltd ("BTGP" e, em conjunto com o Banco, as "Companhias"), em atendimento as disposi96es da lnstruc;:ao CVM n.0 358, de 03 de Janeiro de 2002, conforme alterada, comunicam aos seus acionistas e ao mercado em geral que, conforme correspondencia recebida nesta data e anexa ao presente comunicado ao mercado, o Beryl County LLP alienou 4.372.967 units BBTG11, deixando, dessa forma, de deter mais de 5% das ac;:oes preferenciais classe A de emissao do Banco.

Por fim, as Companhias nao tern conhecimento de que as units alienadas e dadas em emprestimo foram adquiridas ou tomadas em emprestimo por investidores que, ap6s a conclusao das referidas operac;:oes, passassem a deter 5% das units BBTG11 ou que tenham aumentado o percentual em 5% ou mais das units BBTG11.

Rio de Janeiro, 18 de dezembro de 2015.

Joao Marcello Dantas Leite Diretor de Relavoes com lnvestidores

BANCO BTG PACTUAL S.A.

Praia de Botafogo 501 5th, 5th and h Floors

Rio de Janeiro, RJ, 22250-040

BTG PACTUAL PARTICIPATIONS LTD.

Clarendon House, 2 Church Street Hamilton, HM 11, Bermuda

Attn: Mr Joao Marcello Dantas Leite, Investor Relations Officer

Ref.: Divestiture of Relevant Shareholding Statement

Dear Joao,

Beryl County LLP ("Beryl") hereby notifies you of the following transactions involving securities issued by Banco BTG Pactual S.A., a company organised and existing under the Laws of Brazil, enrolled with the CNPJ under No. 30.306.294/0001-45 ("Banco BTG") and BTG Pactual Participations Ltd., a company organised and existing in accordance with the Laws of Bermuda, enrolled with the CNPJ under No. 15.073.274/0001-88, and listed in Brazil ("BTG Ltd").

In compliance with Article 12 of CVM Instruction 358 of 3 January 2002, as ame.nded, for the purposes of disclosure to the Brazilian Securities Exchange Commission (Comissao de Va/ores Mobiliarios - CVM) through the - Sistema Empresas.NET, Beryl hereby informs you of the following:

1. Beryl is a limited liability partnership organised and existing in accordance with the Laws of England, enrolled with the CNPJ under No. 12.960.840/0001-85, with head offices at 5th Floor, 6 St. Andrew Street, London, EC4A 3AE, England.

BANCO BTG PACTUAL S.A.

Praia de Botafogo 501 5°, 6° e 7° Andares

Rio de Janeiro, RJ, 22250-040

BTG PACTUAL PARTICIPATIONS LTD.

Clarendon House, 2 Church Street Hamilton, HM 11, Bermuda

Att.: Sr. Joao Marcello Dantas Leite, Diretor de Relacao com lnvestidores

Ref.: Declarac;ao de Alienac;ao de Participac;ao Acionaria Relevante

Caro Joao,

Beryl County LLP ("Beryl") vem pela presente notifica­ lo sobre as seguintes transa96es envolvendo valores mobiliarios emitidos pelo Banco BTG Pactual S.A., uma sociedade organizada e existente de acordo com as Leis do Brasil, inscrita no CNPJ sob o n.0 30.306.294/0001-45 ("Banco BTG") e BTG Pactual

Participation Ltd., uma sociedade organizada e existente de acordo com as Leis de Bermudas, inscrita no CNPJ sob o n.0 15.073.274/0001-88, e listada no Brasil ("BTG Ltd").

Em cumprimento ao previsto no Artiga 12 da lnstru9ao CVM 358 de 3 de janeiro de 2002, conforme alterada, para fins de divulga9ao para a Comissao de Valores Mobiliarios CVM, por meio do Sistema Empresas.NET, Beryl vem pela presente notifica-lo do seguinte:

1. Beryl e uma limited liability partnership organizada e existente de acordo com as Leis da lnglaterra, inscrita no CNPJ sob o n.0 12.960.840/0001-85, com sede em So Andar, 6 Andrew Street, Landres, EC4A 3AE, lnglaterra.

   
   

   
   

2. Beryl disposed a total of 4,372,967 units ("Units"). 2. Beryl transferiu a totalidade de 4,372,967 units Each of the Units represents: ("Units"). Cada uma das Units representa:

   
   

3. With respect to Banco BTG: (i) 1 common share of (a) Com rela9ao ao Banco BTG: (i) 1 A9ao Ordinaria do Banco BTG; and (ii) 2 series A preferred shares of Banco BTG; e (ii) 2 A96es Preferenciais A do Banco Banco BTG. BTG.

   
   

4. With respect to BTG Ltd: (i) 1 Brazilian Depositary Receipt with 1 series A voting common share of BTG Ltd; and (ii) 2 Brazilian Depositary Receipts with 1 series B non-voting common share of BTG Ltd.




5. The transactions took place between 8 December 2015 and 14 December 2015, with final settlement date on 17 December 2015 Uointly, the "Transfers).

(b) Com rela9ao ao BTG Ltd: (i) 1 Brazilian Depositary Receipt com 1 A9ao Classe A do BTG Ltd.; e (ii) 2 Brazilian Depositary Receipts com 1 A9ao Classe B do BTG Ltd.




1. As transa96es ocorreram entre 8 de dezembro de 2015 e 14 de dezembro de 2015, com liquida9ao fisica final do dia 17 de dezembro de 2015 (em conjunto, as "Transferencias").

   
   

2. Therefore, the Units encompassed by the Transfers 4. Portanto, as Units objeto das Transferencias

represent the following classes of shares issued by Banco BTG and BTG Ltd:




(a) With respect to Banco BTG: (i) 4,372,967 common shares, representing 0.31% of common shares of Banco BTG; and (ii) 8,745,934 series A preferred shares, representing 1.63% of series A preferred shares of Banco BTG.




(b) With respect to BTG Ltd: (i) 4,372,967 series A voting common shares, representing 1.78% of series A voting common shares of BTG Ltd; and (ii) 8,745,934 series B non-voting common shares, representing 1.78% of series B non-voting common shares of BTG Ltd.




1. The Transfers were made by means of trades through the stock exchange.

   
   

2. After the Transfers, the aggregate position of Beryl in Banco BTG and BTG Ltd are as follows:

   
   

   (a) With respect to Banco BTG: (i) 13,247,500 common shares, representing 0.94% of common shares of Banco BTG; and (ii) 26,495,000 series A preferred shares, representing 4.94% of series A preferred shares of Banco BTG; resulting in the shareholding position of 1.44% of Banco BTG total share capital; and

   
   

   (b) With respect to BTG Ltd: (i) 13,247,500 series A voting common shares, representing 5.39% of series A voting common shares of BTG Ltd; and (ii) 26,495,000 series B non-voting common shares, representing 5.39% of series B non-voting common shares of BTG Ltd; resulting in the shareholding position of 5.24% of BTG Ltd total share capital.

   
   

3. Other than the securities above, Beryl does not hold any other securities of Banco BTG or BTG Ltd.




8. The Transfers are not aimed at changing the controlling group or the administrative structure of Banco BTG or BTG Ltd.




1. Beryl is a party to Shareholders' Agreement encompassing Banco BTG and BTG Ltd entered into with the purpose of constituting an agreement to grant to Beryl certain rights in order to protect its investment in Banco BTG and BTG Ltd. This Shareholders' Agreement does not give Beryl the right to participate in the control of Banco BTG or BTG Ltd.

   
   

2. Therefore, Beryl requests the Investor Relations Officer of Banco BTG and BTG Ltd to disclose the information above to CVM and further applicable bodies.




Please contact us should you have any queries about the foregoing.

representam as seguintes classes de a96es emitidas pelo Banco BTG e pelo BTG Ltd:




(a) Com relagao ao Banco BTG: (i) 4,372,967 A96es Ordinarias, representativas de 0.31% das A96es Ordinarias do Banco BTG; e (ii) 8,745,934 A96es Preferenciais A, representativas de 1.63% das A96es Preferenciais A do Banco BTG.




(b) Com relagao ao BTG Ltd: (i) 4,372,967 A96es Classe A, representativas de 1.78% das A96es Classe A do BTG Ltd; e (ii) 8,745,934 A96es Classe B, representativas de 1.78% das A96es Classe B do BTG Ltd.




5. As Transferencias foram realizadas per meio de negocia96es em balsa de valores.




6. Ap6s as Transferencias, as posi96es da Beryl no Banco BTG e no BTG Ltd sac as seguintes:




(a) Com relagao ao Banco BTG: (i) 13,247,500 A96es Ordinarias, representativas de 0.94% das A96es Ordinarias do Banco BTG; e (ii) 26,495,000 A96es Preferenciais A, representativas de 4.94% das A96es Preferenciais A do Banco BTG; resultando em uma participagao acionaria de 1.44% da totalidade do capital social do Banco BTG; e




(b) Com relagao ao BTG Ltd: (i) 13,247,500 A96es Classe A, representativas de 5.39% das A96es Classe A do BTG Ltd; (ii) 26,495,000 A96es Classe B, representativas de 5.39% das A96es Classe B do BTG Ltd; resultando em uma participagao acionaria de 5.24% da totalidade do capital social do BTG Ltd.




7. Alem das participa96es acima, Beryl nae possui quaisquer outros valores mobiliarios de emissao do Banco BTG ou do BTG Ltd.




1. As Transferencias nae tern o objetivo de alterar o grupo de controle ou a estrutura administrativa do Banco BTG OU do BTG Ltd.

   
   

2. Beryl e parte de um Acorda de Acionistas do Banco BTG e BTG Ltd, celebrado com a finalidade de constituir um acordo que garanta a Beryl certos diretos para proteger o seu investimento no Banco BTG e no BTG Ltd. Este Acorda de Acionistas nae configura a participagao da Beryl no controle acionario do Banco BTG ou do BTG Ltd.

   
   

3. Assim, a Beryl solicita ao Diretor de Rela96es com

lnvestidores do Banco BTG e BTG Ltd a divulgagao das informa96es acima a CVM e aos demais 6rgaos

competentes.




Favor entrar em cantata case necessite de qualquer informagao.




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Beijing, IB 1)&eM .:z.o 15.

Yours slnoort!!!y,