OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of February, 2016
(Commission File No. 1-14862 )
Camacari, Bahia - CEP 42810-000 Brazil
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
in paper as permitted by Regulation S-T Rule 101(b)(7). _____
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___
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NOTICE TO THE MARKET
São Paulo, February 19, 2016 - BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), in compliance with Article 12 of CVM Instruction 358 of 2002, announces that it received a letter from BNDES Participações S.A. – BNDESPAR informing of its divestment of class “A" preferred shares in Braskem’s capital stock on regular trading sessions at BM&FBOVESPA S.A. held from January 14, 2016 to February 17, 2016.
As a result of above mentioned sale, the equity interest held by BNDES Participações S.A. –BNDESPAR, equivalent to 11.62% of Braskem’s class “A" preferred capital and 5.03% of Braskem’s total capital as of January 13, 2016, has been reduced to 10.00% and 4.33%, respectively.
The reduction of BNDES Participações S.A. – BNDESPAR’s holdings in the Company’s total capital stock led to the automatic termination of the Shareholders Agreement signed between BNDES Participações S.A. – BNDESPAR and Odebrecht, in which Braskem is the intervening party.
More information can be obtained from Braskem’s Investor Relations Department by calling
+55 (11) 3576-9531 or sending an e-mail to braskem-ri@braskem.com.br.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: February 22, 2016| BRASKEM S.A. | |||
| By: | /s/ Mário Augusto da Silva | ||
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| Name: | Mário Augusto da Silva | ||
| Title: | Chief Financial Officer | ||
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.