{"id":936,"date":"2017-05-26T12:01:06","date_gmt":"2017-05-26T15:01:06","guid":{"rendered":"https:\/\/migr-pplaparticipations.mz-sites.com\/ppla-news\/material-fact-resignation-of-persio-arida\/"},"modified":"2017-05-26T12:01:06","modified_gmt":"2017-05-26T15:01:06","slug":"material-fact-resignation-of-persio-arida","status":"publish","type":"ppla-news","link":"https:\/\/ri.pplaparticipations.com\/en\/ppla-news\/material-fact-resignation-of-persio-arida\/","title":{"rendered":"Material Fact &#8211; Resignation of Persio Arida"},"content":{"rendered":"<h2>Material Fact &#8211; Resignation of Persio Arida<\/h2>\n<p>Banco BTG Pactual S.A. (&#8220;Bank&#8221;) and BTG Pactual Participations Ltd. (&#8220;BTGP&#8221; and, jointly with the Bank, &#8220;Companies&#8221;), in compliance with CVM Rule 358 of January 3, 2002, as amended, hereby inform their respective shareholders and the market that, following the changes disclosed to the market in the Material Fact released on November 8, 2016, when Persio Arida stepped down as the Chairman of the Board of Directors of the Companies and resigned from executive roles, Mr. Persio informed on the date hereof his decision to dedicate himself exclusively to his intellectual pursuits.<\/p>\n<p>As a consequence of this personal decision, Persio Arida will resign from his position on the Board of Directors of the Companies and will sell his stake in the Companies over the course of the following months.<\/p>\n<p>The changes referred above remain subject to the applicable regulatory communication and approvals.<\/p>\n<p>S\u00e3o Paulo, May 26 2017.<\/p>\n<p>BANCO BTG PACTUAL S.A.<br \/>\nJo\u00e3o Marcello Dantas Leite<br \/>\nInvestor Relations Officer<\/p>\n<p>BTG PACTUAL PARTICIPATIONS, LTD.<br \/>\nRenata Gomes Santiago Broenn<br \/>\nInvestor Relations Officer<\/p>\n<p>To acess the PDF version,\u00a0<a href=\"https:\/\/api.mziq.com\/mzfilemanager\/v2\/d\/ea16d5e0-98ca-4434-b12a-2dc4dcc86b63\/eb811b02-86ce-410d-8d8c-2064dc8240f5?origin=2\">click here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Investor Relations Department<br \/>\n<\/strong>Email:\u00a0<a href=\"mailto:ri@btgpactual.com\">ri@btgpactual.com<\/a><br \/>\nPhone: +55 (11) 3383-2000<br \/>\nFax: +55 (11) 3383-2001<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-936","ppla-news","type-ppla-news","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Material Fact - Resignation of Persio Arida - PPLA Participations<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ri.pplaparticipations.com\/en\/ppla-news\/material-fact-resignation-of-persio-arida\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Material Fact - Resignation of Persio Arida - PPLA Participations\" \/>\n<meta property=\"og:description\" content=\"Material Fact &#8211; Resignation of Persio Arida Banco BTG Pactual S.A. 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