GOL announces Corporate Reorganization of the Group
Gol Linhas Aereas Inteligentes S.A. Sponsored ADR representing 2 Pfd Shares (GOL)
US:NYSE Investor Relations:
ir.voegol.com.br
Company Research
Source: PR Newswire
SAO PAULO, Oct. 14, 2018 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company"), (NYSE: GOL and B3: GOLL4), Brazil's #1 airline, in compliance with the provisions in §4 of article 157 of Law no. 6404, dated December 15, 1976, as amended ("Corporations Act") and in CVM Instruction no. 358/2002 ("ICVM 358"), hereby informs that (i) on the date hereof it has communicated to Smiles Fidelidade S.A. (B3: SMLS3) ("SMILES") its intention to not renew the operating and backoffice services agreements (together, the "Operating Agreement") executed among GOL, Gol Linhas Aéreas S.A. ("GLA") and SMILES (jointly, the Companies" or the "Group"), beyond its current expiration date in 2032; (ii) it is initiating proceedings aiming at a corporate reorganization of the Group, as detailed below ("Reorganization"); and (iii) it has requested that an extraordinary general shareholders' meeting of SMILES be called to include a provision for the creation of an independent special commi
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