Vale informs decrease of relevant shareholding ownership


Vale informs decrease of relevant shareholding ownership

Rio de Janeiro, June 17th, 2019 – Vale S.A (“Vale”) informs, pursuant to Article 12, caput, of Rulling 358 of 01/03/2002, issued by the Brazilian Securities Commission (“CVM”), as subsequently amended, that Capital Research Global Investors (“CRGI”), an independent investment division of Capital Research and Management Company, a company organized and existing under the laws of the United States of America, headquartered at 333, South Hope Street, Los Angeles, California 90071, United States of America, as holding company of overseas investment management companies and legally represented in Brazil by J.P. Morgan S.A. Distribuidora de Títulos e Valores Mobiliários, registered with the CNPJ/MF under no 33.851.205/0001-30 and Citibank DTVM S.A., registered with the CNPJ/MF under no 33.868.597/0001-40, decreased the number of common shares issued by Vale and now manages a total of 262,212,891 common shares issued by Vale, representing 4.96% of this type of share.

In addition to the above-mentioned equity participation, Capital International Investors and Capital World Investors, as independent divisions of investments of Capital Research and Management Company manages, respectively, 73,725,745 common shares and 184,647,468 common shares issued by Vale, corresponding to, respectively, 1.39% and 3.49% of this type of share.

CRGI also stated that: (i) it is a minority investment that does not alter the control or the administrative structure of Vale; (ii) there is not, at this time, a specific quantity of shares issued by Vale being targeted by CRGI; (iii) there are no other securities or derivatives referenced to such shares held directly or indirectly by CRGI or person or persons attached to it; (iv) there is no agreement or contract regulating the exercise of voting rights or the purchase and sale of securities issued by Vale where CRGI or a related party are involved.


For further information, please contact:

Rogério Nogueira:
André Figueiredo:
Carla Albano Miller:
Fernando Mascarenhas:
Andrea Gutman:
Bruno Siqueira:
Claudia Rodrigues:
Marcio Loures Penna:
Mariano Szachtman:

This press release may include statements that present Vale’s expectations about future events or results. All statements, when based upon expectations about the future and not on historical facts, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM), the French Autorité des Marchés Financiers (AMF), and The Stock Exchange of Hong Kong Limited, and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.

Vale informs decrease of relevant shareholding ownership