(Commission File No. 1-14862 )
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___
COMMUNICATION OF TRANSACTIONS BETWEEN RELATED PARTIES
Parties |
Braskem S.A. (“Braskem” or “Issuer”) and Refinaria de Petróleo Riograndense Ltda. (“RPR”).
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Relationship with the Issuer |
Braskem holds a 33.33% interest in RPR voting capital and 33.20% of its total capital
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Purpose |
Purchase and Sale of Gasoline A, supplied by Braskem to RPR through monthly supply contracts between the parties. |
Main terms and conditions |
The sale of Gasoline A produced by Braskem for blending in the fuel pool by RPR and later resale to distributors. Due to the total amount of related transactions, communication it is necessary. |
Date of execution of the agreement |
April 04, 2016 |
Any participation of counterparty, its partners or managers in the issuer’s decision-making process or in the negotiation of the transaction as representatives of the issuer |
Hardi Schuck is member of the Board of Directors of RPR and sign the purchase and sale by the Company. |
Detailed justification of the reasons why the management of the issuer believes the transaction observed commutative conditions or expects adequate compensatory payment |
The commercial conditions agreed upon with RPR reflect the market conditions for the sale of Gasoline A in the domestic market, assuring commutativity of the transaction for both parties. |
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: April 25, 2016
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Embraer S.A. | ||||
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By: |
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/s/ José Antonio de Almeida Filippo | ||
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Name: |
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José Antonio de Almeida Filippo |
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Title: |
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Executive Vice-President and Chief Financial and Investor Relations Officer |