GOL Gol Linhas Aereas Inteligentes SA

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER 
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of October 2019

(Commission File No. 001-32221)

GOL LINHAS AÉREAS INTELIGENTES S.A.

(Exact name of registrant as specified in its charter)

GOL INTELLIGENT AIRLINES INC.

(Translation of registrant’s name into English)

Praça Comandante Linneu Gomes, Portaria 3, Prédio 24
Jd. Aeroporto 
04630-000 São Paulo, São Paulo
Federative Republic of Brazil

(Address of registrant’s principal executive offices)

Indicate by check mark whether the registrant files or will file 
annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F ______

Indicate by check mark whether the registrant by furnishing the 
information contained in this Form is also thereby furnishing the 
information to the Commission pursuant to Rule 12g3-2(b) under 
the Securities Exchange Act of 1934. 

Yes ______ No ___X___

Capital Increase

 

 

São Paulo, October 30, 2019 - GOL Linhas Aéreas Inteligentes S.A. (“GOL” or “Company”), (NYSE: GOL and B3: GOLL4), , announces to its shareholders and the market in general that its board of directors homologated on the date hereof an increase in the Company’s capital stock, within the limit of its authorized capital, in the amount of R$60,164,709.01, upon the issuance of 5,391,373 preferred shares, with no par value, provided that 1,036,250 shares are related to the exercise of stock purchase options granted under the Company’s stock purchase option plan approved at the Extraordinary Shareholders’ Meeting held on October 19, 2012 (“2012 Stock Purchase Option Plan”) and 4,355,123 shares are related to the exercise of stock purchase options granted under the Company’s stock purchase option plan approved at the Extraordinary Shareholders’ Meeting held on August 21, 2019 (“2019 Stock Purchase Option Plan” and, together with the 2012 Stock Purchase Option Plan, the “Stock Purchase Option Plans”), in accordance with the price per share indicated in the Subscription Bulletin.

The preferred shares issued are identical to existing preferred shares and, under the terms of the Company’s Stock Purchase Option Plans, will be entitled to the same rights granted to existing preferred shares, including the receipt of dividends and interest on capital.

The preferred shares were issued with the exclusion of preemptive rights of the Company’s shareholders, as approved pursuant to the provisions of Article 171, §3, of Law No. 6404, dated December 15, 1976, as amended.

The total issue price is R$60,164,709.01, in accordance with the Company’s Stock Purchase Option Plans, representing R$11.15944101994 per preferred share.

As a result, the Company’s capital stock will be increased from R$3,103,631,150.15 to R$3,163,795,859.16, represented by 3,137,364,724 shares, of which 2,863,682,710 are common shares and 273,682,014 are preferred shares, all nominative with no par value.

Also, in accordance with Article 30, XXXII, of CVM Instruction No. 480, the Company discloses the following information:

– Sale price of all types and classes of the Company’s shares in the markets in which its shares are traded:

a) Closing sale price in each of the last three years as indicated:

b) Closing sale price in each of the quarters as indicated, in the last two years:

Capital Increase

 

 

 

c) Closing sale price in each of the last 6 months as indicated:

d) Average closing sale price in the last 90 days: R$35.73.

- Percentage of potential dilution resulting from the issuance: 1.93852639%

Investor Relations

ri@voegol.com.br

www.voegol.com.br/ri

+55 (11) 2128-4700

About GOL Linhas Aéreas Inteligentes S.A.

GOL serves more than 36 million passengers annually. With Brazil's largest network, GOL offers customers more than 750 daily flights to over 77 destinations in Brazil and in South America, the Caribbean and the United States. GOLLOG’s cargo transportation and logistics business serves more than 3,400 Brazilian municipalities and more than 200 international destinations in 95 countries. SMILES allows over 16 million registered clients to accumulate miles and redeem tickets to more than 700 destinations worldwide on the GOL partner network. Headquartered in São Paulo, GOL has a team of approximately 15,000 highly skilled aviation professionals and operates a fleet of 125 Boeing 737 aircraft, delivering Brazil's top on-time performance and an industry leading 18-year safety record. GOL has invested billions of Reais in facilities, products and services and technology to enhance the customer experience in the air and on the ground. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ir.