Banese | Material Fact
Banco do Estado de Sergipe S.A. (“BANESE”), in compliance with article 157, paragraph 4 of Law 6,404/76 and article 3 of CVM Instruction 358, of January 3, 2002, hereby informs its shareholders and the market in general that on this date it received Official Letter No. 315/2019 of the Sergipe State Government (the “Controller”) expressing “interest in a public offering involving part of the shares held by it”, which may “cover 45% of the common shares and 40% of the preferred shares, thus observing the statutory limit for the maintenance of the shareholding control of the institution by the State, as well as its economic interests“.
BANESE will keep its shareholders and the market informed of any new facts concerning the matter in question.
This Material Fact is for information purposes only and should not, under any circumstances, be interpreted as, nor constitute, an investment recommendation or an offer to sell, or a solicitation or offer to buy, any securities issued by BANESE.
Aracaju-SE, August 27, 2019.