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PDG Realty SA Empreendimentos e Participacoes (PDGR3.SA)

PDGR3.SA on Sao Paolo Stock Exchange

2.02BRL
24 Mar 2017
Change (% chg)

R$ -0.03 (-1.46%)
Prev Close
R$ 2.05
Open
R$ 2.04
Day's High
R$ 2.10
Day's Low
R$ 2.02
Volume
982,500
Avg. Vol
5,499,208
52-wk High
R$ 5.24
52-wk Low
R$ 1.18

Latest Key Developments (Source: Significant Developments)

BRIEF-PDG Realty to get financing of up to BRL 100 million
Friday, 12 Aug 2016 10:47am EDT 

Corrects story from June 10. Corrects company name in headline and body text and names of the banks in the second bullet point..PDG Realty SA Empreendimentos e Participacoes : Announced on Thursday that it concluded negotiations with investment vehicles managed by Vinci Partners group for financing through two debenture issues totalling up to 100 million Brazilian reais ($29.3 million) . Financing operation is a condition precedent for the implementation of the debt restructuring agreement, set in the memorandum of understanding signed with Banco do Brasil SA, Banco Bradesco SA, Caixa Econômica Federal and Itaú Unibanco SA . Board approved the first debenture issue totalling up to 50 million reais, to be subscribed and paid by Vinci Vehicles in one or more instalments within 30 days .The second issue totalling up to 50 million reais has to be submitted for the board's approval, to be subscribed and paid by Vinci Vehicles in one or more instalments within 12 months.  Full Article

PD Realty to get financing of up to BRL 100 million
Friday, 10 Jun 2016 09:37am EDT 

PD Realty SAC Empreendimentos e Participacoes : Announced on Thursday that it concluded negotiations with investment vehicles managed by Vinci Partners group for financing through two debenture issues totalling up to 100 million Brazilian reais ($29.3 million) . Financing operation is a condition precedent for the implementation of the debt restructuring agreement, set in the memorandum of understanding signed with Banco do Brasil SAC, Banco Bradesco SAC, Caiman Economical Federal and Itau Univac SAC . Board approved the first debenture issue totalling up to 50 million reais, to be subscribed and paid by Vinci Vehicles in one or more instalments within 30 days .The second issue totalling up to 50 million reais has to be submitted for the Board's approval, to be subscribed and paid by Vinci Vehicles in one or more instalments within 12 months.  Full Article

PDG Realty signs memorandum with banks to restructure debt
Friday, 6 May 2016 11:39am EDT 

PDG Realty SA Empreendimentos e Participacoes : Said on Thursday that it signed memorandum of understanding with Banco do Brasil SA, Banco Bradesco SA, Caixa Economica Federal and Itau Unibanco SA to formalise possible debt restructuring agreement .Says that if formalised, the agreement will cover up to 60 percent of its gross financial debt (at end of Dec. 2015), corresponding to about 3.7 billion Brazilian reais ($1.05 billion).  Full Article

PDG Realty SA Empreendimentos e Participacoes gives details on Jardim das Perdizes project sale
Tuesday, 20 Oct 2015 06:56am EDT 

PDG Realty SA Empreendimentos e Participacoes:Says that the company and its unit Agra Empreendimentos Imobiliarios SA sell its entire stake in Jardim das Perdizes project for 160 million Brazilian reais.  Full Article

Tecnisa SA and PDG Realty SA Empreendimentos e Participacoes sell stake in Jardim das Perdizes project
Tuesday, 20 Oct 2015 06:35am EDT 

Tecnisa SA:Says that it entered into agreement with Hines Group to sell for 180.0 million Brazilian reais 17.5 percent of Windsor Investimentos Imobiliarios Ltda ("Windsor") and of JDP E1 Empreendimentos Imobiliarios Ltda ("JDP E1"), which jointly develop a real estate project "Jardim das Perdizes".PDG Realty SA Empreendimentos e Participacoes has also disposed its entire stake in "Jardim das Perdizes" project.Says that additionally it acquired all the stake in the project held by BV Empreendimentos e Participacoes SA.After the conclusion of the operation the company will hold 57.5 percent stake in the project.  Full Article

PDG Realty SA Empreendimentos e Participacoes appoints new CEO and CFO
Friday, 17 Jul 2015 08:20am EDT 

PDG Realty SA Empreendimentos e Participacoes:Says that it has appointed Marcio Tabatchnik Trigueiro as new chief executive officer, to succeed Carlos Augusto Leone Piani.It also has appointed Mauricio Fernandes Teixeira as new chief financial officer, to succeed Rafael Rodrigues do Espirito Santo.Both appointments will be effective on Aug. 17.  Full Article

Vinci reaches 22.4 pct stake in PDG Realty SA Empreendimentos e Participacoes
Friday, 3 Jul 2015 08:48am EDT 

PDG Realty SA Empreendimentos e Participacoes:Announces that on July 1, investment funds managed by Vinci Equities Gestora de Recursos Ltda reached the holding of 550,574,009 ordinary shares which correspond to a 22.38 pct stake in the ordinary share capital of the company.Before this operation, Vinci held 10.52 pct stake in the company.  Full Article

PDG Realty SA Empreendimentos e Participacoes homologates capital increase
Wednesday, 1 Jul 2015 04:23pm EDT 

PDG Realty SA Empreendimentos e Participacoes:Says it homologates a capital increase of 500 million Brazilian reais.Capital increase through private subscription by means of the issuance of 1,136,363,636 ordinary shares, all nominative and with no par value, for an issuance price of 0.44 reais per share.It also homologates 454,545,143 subscription bonus issued, one subscription bonus for each 2.5 common shares subscribed under the capital increase.After the homologation the company's capital is of 4.97 billion reais, divided into 2,459,627,859 ordinary shares.  Full Article

PDG Realty SA Empreendimentos e Participacoes appoints Rafael Rodrigues do Espirito Santo as CFO
Monday, 29 Jun 2015 08:38am EDT 

PDG Realty SA Empreendimentos e Participacoes:Says that it has approved the appointment of Rafael Rodrigues do Espirito Santo as chief financial officer (CFO) and director of investor relations, replacing Marco Racy Kheirallah.  Full Article

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