6-K 1 bak20210225_6k.htm BAK20210225_6K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16
OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934


For the month of February, 2021

(Commission File No. 1-14862 )

 


 

BRASKEM S.A.

(Exact Name as Specified in its Charter)

 

N/A

(Translation of registrant's name into English)

 


 

Rua Eteno, 1561, Polo Petroquimico de Camacari
Camacari, Bahia - CEP 42810-000 Brazil

(Address of 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 if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1). _____

 

Indicate by check mark if the registrant is submitting the Form 6-K
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___

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____.

 

 
 

São Paulo, February 25, 2021.

To

B3 – BRASIL, BOLSA, BALCÃO (“B3”)

Praça Antônio Prado, 48, 2º andar

CEP 01010-010, São Paulo – SP

 

Company Oversight Department

Attn.:       Ms. Ana Lucia Pereira – Superintendent of Listing and Supervision of Issuers

 

 

Cc.: Securities and Exchange Commission of Brazil (CVM)

Attn.:        Mr. Fernando Soares Vieira – Company Relations Superintendent

Mr. Francisco José Bastos Santos, Market and Intermediary Relations Superintendent

 

Re.: Official Letter B3 247/2021-SLS of 02/24/2021

 

Dear Sirs,

 

We refer to Official Letter B3 247/2021-SLS (“Letter”) dated February 24, 2021, through which you requested clarifications from Braskem S.A. (“Braskem” or “Company”), as transcribed below:

 

“Re.: Request for clarification of unusual stock movement

 

Dear Sir,

 

Considering the recent fluctuations registered in the shares of your Company, the number of trades and trading volume, as shown below, we request you to inform by February 25, 2021, if there is any fact that you may be aware of that would justify them.

 

 

Common Shares
Prices (R$ per share)
Date Opening Minimum Maximum Average Closing Var. % No. trades Number Volume (R$)
02/09/2021 28.49 27.74 28.77 28.29 28.77 0.06 48 9,200 260,238.00
02/10/2021 28.75 28.40 28.75 28.48 28.48 -1.00 41 11,400 324,709.00
02/11/2021 28.40 28.40 28.95 28.56 28.95 1.65 64 42,700 1,219,578.00
02/12/2021 28.94 28.32 30.05 29.40 29.94 3.41 111 2,000 735,105.00
02/17/2021 29.89 29.30 30.50 29.81 29.90 -0.13 92 22,600 673,629.00
02/18/2021 30.00 29.27 30.25 29.87 29.42 -1.60 50 11,100 331,588.00
02/19/2021 28.99 28.99 29.98 29.61 29.74 1.08 59 9,700 287,195.00
02/22/2021 29.17 26.62 29.49 28.53 29.19 -1.84 125 24,500 698,979.00
02/23/2021 29.40 28.24 30.00 29.16 28.24 -3.25 89 20,300 591,950.00
02/24/2021* 28.85 28.85 31.09 30.29 30.99 9.73 144 35,100 1,063,209.00

 

 

 
 

 

Preferred Shares
Prices (R$ per share)
Date Opening Minimum Maximum Average Closing Var. % No. trades Number Volume (R$)
02/09/2021 28.27 27.88 29.11 28.39 28.99 1.25 12,461 2,725,800 77,396,528.00
02/10/2021 28.89 28.28 28.98 28.63 28.81 -0.62 11,420 1,834,200 52,510,268.00
02/11/2021 29.02 28.53 29.50 28.92 29.33 1.80 15,673 3,092,000 89,435,500.00
02/12/2021 29.38 28.78 30.37 29.79 30.22 3.03 20,185 4,987,500 148,574,388.00
02/17/2021 30.51 29.81 30.94 30.39 30.52 0.99 16,748 3,845,100 116,843,221.00
02/18/2021 30.37 30.06 30.83 30.32 30.22 -0.98 14,380 2,453,100 74,388,107.00
02/19/2021 30.10 29.85 30.85 30.54 30.65 1.42 13,869 2,608,600 79,663,726.00
02/22/2021 29.08 26.91 30.26 28.95 30.01 -2.08 29,942 6,921,200 200,335,373.00
02/23/2021 30.43 29.54 30.49 29.98 30.09 0.26 15,135 2,699,900 80,944,655.00
02/24/2021* 30.13 30.13 32.84 31.90 32.81 9.03 12,797 3,059,200 97,612,445.00

* Updated as of 12:44 p.m.

 

In this regard, the Company informs that it released a Material Fact on 02/17/2021 regarding the decision of the National Mining Agency (ANM) to maintain in place the implementation of the measures contemplated in the mine closure plan originally proposed by the Company, in the context of the Alagoas geological event. In addition, on 02/24/2021 a positive market report was released with a buy recommendation of the shares issued by the Company.

 

In relation to the news published in the media and previously disclosed, Braskem Idesa, a subsidiary of the Company, is engaged in ongoing dialogues with PEMEX and Centro Nacional de Control del Gas Natural ("Cenagas") regarding the ethane supply and natural gas transportation service contracts being that, at this moment, the Company cannot precise the results of such discussions, which have not been concluded.

 

The Company will keep the market informed of developments to the extent required by law.

 

For more information. contact Braskem’s Investor Relations Department by calling +55 (11) 3576-9531 or by sending an e-mail to braskem-ri@braskem.com.br

 

 

Sincerely.

 

Pedro van Langendonck Teixeira de Freitas

Chief Financial and Investor Relations Officer

Braskem S.A.

 

 

 

 
 

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 25, 2021

  BRASKEM S.A.
       
       
  By:      /s/     Pedro van Langendonck Teixeira de Freitas
     
    Name: Pedro van Langendonck Teixeira de Freitas
    Title: Chief Financial Officer

 

DISCLAIMER ON FORWARD-LOOKING STATEMENTS

 

This report on Form 6-K may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are statements that are not historical facts, and are based on our management’s current view and estimates of future economic and other circumstances, industry conditions, company performance and financial results, including any potential or projected impact of the geological event in Alagoas and related legal proceedings and of COVID-19 on our business, financial condition and operating 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 potential outcome of legal and administrative proceedings, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting our financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of our management and are subject to a number of risks and uncertainties, many of which are outside of the our control. 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, including the projected impact of the geological event in Alagoas and related legal proceedings and the unprecedented impact of COVID-19 pandemic on our business, employees, service providers, stockholders, investors and other stakeholders, could cause actual results to differ materially from current expectations. Please refer to our annual report on Form 20-F for the year ended December 31, 2019 filed with the SEC, as well as any subsequent filings made by us pursuant to the Exchange Act, each of which is available on the SEC’s website (www.sec.gov), for a full discussion of the risks and other factors that may impact any forward-looking statements in this presentation.