SECURITIES AND EXCHANGE COMMISSION
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____
VIVO PARTICIPAÇÕES S.A. COMMUNICATES THE RESULTS OF THE AUCTION OF PREFERRED SHARES FOR THE PLACEMENT INTO THE FREE FLOAT OF THE COMPANY CORRESPONDING TO THE SHARES RESULTING FROM APPRAISAL RIGHTS EXERCISED BY SHAREHOLDERS RELATING OF CORPORATE RESTRUCTURING APPROVED AT THE EXTRAORDINARY GENERAL SHAREHOLDERS’ MEETING ON FEBRUARY 22, 2006 |
VIVO - RESULTS OF THE AUCTION ON THE SÃO PAULO STOCK EXCHANGE
(BOVESPA) ON MAY 05, 2006 FOR THE SALE OF THE PREFERRED SHARES RESULTING FROM THE APPRAISAL RIGHTS APPROVED AT THE ORDINARY MEETING OF THE BOARD OF DIRECTORS HELD ON MAY 02, 2006
São Paulo, Brazil - May 05, 2006 - Vivo Participações S.A. (“VIVO”) (BOVESPA: VIVO3 (common), VIVO4 (preferred); NYSE: VIV), communicates that was replaced into the free float 16,010 preferred shares as a result of the appraisal rights exercised by shareholders relating to the corporate restructuring approved at the extraordinary general shareholders’ meeting on February 22, 2006, at net average price per share of R$ 7,5394, representing a net amount of R$ 120,705.99 (one hundred and twenty thousand, seven hundred and five reais and ninety-nine cents)
São Paulo, May 5, 2006.
Ernesto Gardelliano
Investor Relations Officer
Vivo Participações S.A.
www.vivo.com.br/ri
For more information, contact:
Charles Edwards Allen
Investor Relations Department
Tel.: +55 11 5105-1172
Email: ir@vivo.com.br
SIGNATURE
TELESP CELULAR PARTICIPAÇÕES S.A. |
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By: |
/S/ Ernesto Gardelliano
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Ernesto Gardelliano
Investor Relations 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 of future 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.