F-6 1 y048001fv6.htm F-6 fv6
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As filed with the U.S. Securities and Exchange Commission on May 12, 2011
Registration No. 333-
 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM F-6
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933 FOR DEPOSITARY SHARES EVIDENCED BY
AMERICAN DEPOSITARY RECEIPTS
 
BR PROPERTIES S.A.
(Exact name of issuer of deposited securities as specified in its charter)
N/A
(Translation of issuer’s name into English)
FEDERATIVE REPUBLIC OF BRAZIL
(Jurisdiction of incorporation or organization of issuer)
DEUTSCHE BANK TRUST COMPANY AMERICAS
(Exact name of depositary as specified in its charter)
60 Wall Street
New York, New York 10005
(212) 602-1044
(Address, including zip code, and telephone number, including area code,
of depositary’s principal executive offices)
National Corporate Research, Ltd.
10 East 40th Street
10th Floor
New York, New York 10016
(800) 221-0102
(Address, including zip code, and telephone number, including area code,
of agent for service)
Copies to:
     
Manuel Garciadiaz, Esq.   Jeff Cohen, Esq.
Davis Polk & Wardwell LLP   Linklaters LLP
450 Lexington Avenue   1345 Avenue of the Americas
New York, New York 10017   New York, New York 10105
United States of America   United States of America
(212) 450-6095   (212) 903-9014
 
It is proposed that this filing become effective under Rule 466:
o immediately upon filing.
o on (Date) at (Time).
If a separate registration statement has been filed to register the deposited shares, check the following box:o
CALCULATION OF REGISTRATION FEE
                                             
 
                  Proposed Maximum     Proposed Maximum        
  Title of each Class of     Amount to be     Offering Price     Aggregate     Amount of  
  Securities to be Registered     Registered     Per Unit(1)     Offering Price(2)     Registration Fee  
 
American Depositary Shares (“ADSs”) evidenced by American Depositary Receipts (“ADRs”), representing one common share, without par value, of BR Properties S.A.
     100,000,000 ADSs     $ 5.00       $ 5,000,000       $ 580.50    
 
 
(1)   Each unit represents one hundred (100) ADSs.
 
(2)   Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of ADSs.
     The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, or until this Registration Statement shall become effective on such date as the Securities and Exchange Commission (the “Commission”), acting pursuant to said Section 8(a), may determine.
 
 

 

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PART I INFORMATION REQUIRED IN PROSPECTUS
Item 1. DESCRIPTION OF SECURITIES TO BE REGISTERED
Item 2. AVAILABLE INFORMATION
PART II INFORMATION NOT REQUIRED IN PROSPECTUS
Item 3. EXHIBITS
Item 4. UNDERTAKINGS
SIGNATURES
INDEX TO EXHIBITS
EX-1
EX-4

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PART I
INFORMATION REQUIRED IN PROSPECTUS
     The prospectus consists of the proposed form of ADR included as Exhibit A to the Form of Deposit Agreement filed as Exhibit 1 to this Registration Statement on Form F-6 and is incorporated herein by reference.
Item 1. DESCRIPTION OF SECURITIES TO BE REGISTERED
Cross-Reference Sheet
         
         
Item Number and Caption   Location in Form of ADR Filed Herewith as Prospectus
1.
  Name of Depositary and address of its principal executive office:   Face of ADR, introductory Article.
 
        
2.
  Title of ADRs and identity of deposited securities:   Face of ADR, top center and introductory paragraph.
 
        
Terms of Deposit:    
 
        
(a)
  Amount of deposited securities represented by one unit of ADRs:   Face of ADR, upper right corner and introductory paragraph.
 
        
(b)
  Any procedure for voting the deposited securities:   Reverse of ADR Articles (15), (16) and (19).
 
        
(c)
  Procedure for collecting and distributing dividends:   Face of ADR Articles (2), (10); and Reverse of ADR Articles (14), (15), (17) and (22).
 
        
(d)
  Procedures for transmitting notices, reports and proxy soliciting material:   Face of ADR Article (13); and Reverse of ADR Articles (15), (16), (20), (21), (22) and (24).
 
        
(e)
  Sale or exercise of rights:   Face of ADR Article (10); and Reverse of ADR Articles (14) and (16).
 
        
(f)
  Deposit or sale of securities resulting from dividends, splits or plans of reorganization:   Face of ADR Articles (3), (4), (7), (10); and Reverse of ADR Article (17).
 
        
(g)
  Amendment, extension or termination of the deposit agreement:   Reverse of ADR Articles (21) and (22) (no provision for extensions).
 
        
(h)
  Rights of holders of ADRs to inspect the transfer books of the depositary and the list of holders of ADRs:   Reverse of ADR Article (13).
 
        
(i)
  Restrictions on the right to transfer or withdraw the underlying securities:   Face of ADR Articles (2), (3), (4), (7), (8), (9) and (10).
 
        
(j)
  Any limitation on the depositary’s
liability: 		  Face of ADR Articles (7), (19); and Reverse of ADR Article (20).
 
        
3.
  Fees and charges which may be imposed directly or indirectly on holders of ADRs:   Face of ADR Articles (7) and (10).

 

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Item 2. AVAILABLE INFORMATION
     
     
Item Number and Caption   Location in Form of ADR Filed Herewith as Prospectus
(a) The Issuer is exempt from the requirement to register the deposited securities under Section 12(g) of the United States Securities Exchange Act of 1934, as amended (the “Exchange Act”), as it (1) is not required to file or furnish reports under Section 13(a) or Section 15(d) of the Exchange Act, (2) currently maintains a listing of the deposited securities on the BM&FBOVESPA S.A. — Bolsa de Valores, Mercadorias e Futuros (the “São Paulo Stock Exchange”), which constitutes the Issuer’s primary trading market for those securities, and (3) has published in English on its Internet Web site (http://www.brpr.com.br) information that, since the first day of its most recently completed fiscal year (December 31, 2010), it (A) has made public or been required to make public pursuant to the laws of Brazil, (B) has filed or been required to file with the São Paulo Stock Exchange (the principal stock exchange in Brazil on which the Issuer’s shares are traded) and that has been made public by the São Paulo Stock Exchange and (C) has distributed or been required to distribute to its security holders. The Issuer intends to continue to publish, on an ongoing basis and for each subsequent fiscal year, the information specified in Rule 12g3-2(b)(1)(iii) in English on its Internet Web site.
  Article (13).

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PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 3. EXHIBITS
(a)   Form of Deposit Agreement, including the Form of ADR, among BR Properties S.A., as Issuer, Deutsche Bank Trust Company Americas, as Depositary, and all Holders and Beneficial Owners of ADSs evidenced by ADRs issued thereunder — Filed herewith as Exhibit 1.
 
(b)   Any other agreement to which the Depositary is a party relating to the issuance of the ADSs registered hereby or the custody of the deposited securities represented thereby — None.
 
(c)   Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years — See (a) above.
 
(d)   Opinion of Linklaters LLP, counsel for the Depositary as to the legality of the securities being registered — Filed herewith as Exhibit 4.
 
(e)   Certification under Rule 466 — None.
 
(f)   Powers of Attorney for certain officers and directors and the authorized representative of the Company — Set forth on the signature pages hereto.
Item 4. UNDERTAKINGS
(a)   The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the ADRs, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities and (2) made generally available to the holders of the underlying securities by the issuer.
 
(b)   If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an ADR thirty (30) days before any change in the fee schedule.

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SIGNATURES
     Pursuant to the requirements of the Securities Act of 1933, as amended, Deutsche Bank Trust Company Americas, acting solely on behalf of the legal entity to be created by the Deposit Agreement, by and among BR Properties S.A., Deutsche Bank Trust Company Americas, as depositary, and all Holders and Beneficial Owners from time to time of ADSs to be issued thereunder, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on May 12, 2011.
         
  Legal entity to be created by the Deposit Agreement
for the issuance of ADSs for common shares of BR
Properties S.A.

Deutsche Bank Trust Company Americas, as
Depositary,
 		  
  By:   /s/ Chris Konopelko  
    Name:   Chris Konopelko   
    Title:   Vice President   
 
     
  By:   /s/ Michael Curran  
    Name:   Michael Curran   
    Title:   Vice President   
 

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SIGNATURES
     Pursuant to the requirements of the Securities Act of 1933, as amended, BR Properties S.A. certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of São Paulo, State of São Paulo, Brazil, on May 12, 2011.
         
  BR Properties S.A.,
 		  
  By:   /s/ Claudio Bruni  
    Name:   Claudio Bruni   
    Title:   Chief Executive Officer   
 
     
  By:   /s/ Pedro Marcio Daltro dos Santos  
    Name:   Pedro Marcio Daltro dos Santos   
    Title:   Chief Financial Officer   
 

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POWERS OF ATTORNEY
     KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints and hereby authorizes each of Claudio Bruni and Pedro Marcio Daltro Dos Santos to act as such person’s true and lawful attorney-in-fact and agent, with full power of substitution or re-substitution, for such person and in such person’s name, place and stead, in any and all such capacities, to sign on such person’s behalf, individually and in each capacity stated below, any and all amendments, including post-effective amendments, and supplements to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the United States Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as such person might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
     Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form F-6 has been signed by the following persons in the following capacities on May 12, 2011.
         
By:
   /s/ Marcio Tabatchnik Trigueiro    
 
 
 
Name: Marcio Tabatchnik Trigueiro 		   
 
  Title: Director    
 
        
By:
   /s/ Antonio Carlos Augusto R. Bonchristiano
 
    
 
  Antonio Carlos Augusto R. Bonchristiano    
 
  Title: Director    
 
        
By:
   /s/ Rodolpho Amboss    
 
 
 
Name: Rodolpho Amboss 		   
 
  Title: Director    
 
        
By:
   /s/ Antonio Carlos Borges Camanho    
 
 
 
Name: Antonio Carlos Borges Camanho 		   
 
  Title: Director    
 
        
By:
   /s/ Sheila Periard Henrique Silva    
 
 
 
Name: Sheila Periard Henrique Silva 		   
 
   Title: Director    
 
        
By:
   /s/ Martin Andres Jaco
 
Name: Martin Andres Jaco 		   
 
  Title: Officer    
 
        
By:
   /s/ Marco Antonio Cordeiro
 
Name: Marco Antonio Cordeiro 		   
 
  Title: Officer    

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SIGNATURE OF AUTHORIZED REPRESENTATIVE OF THE REGISTRANT IN THE UNITED STATES
Pursuant to the Securities Act of 1933, as amended, this registration statement has been signed by the undersigned in his/her capacity as the duly authorized representative of the registrant in the United States on May 12, 2011.
         
  National Corporate Research, Ltd.,
 		  
  By:   /s/ Rizzia Froes-Howard  
    Name:  Rizzia Froes-Howard  
    Title:   Assistant Secretary 
For and on behalf of National Corporate Research, Ltd., the Authorized U.S. Representative 		  

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INDEX TO EXHIBITS
     
Exhibit   Document
1
  Form of Deposit Agreement, including the Form of ADR, among BR Properties S.A., as Issuer, Deutsche Bank Trust Company Americas, as Depositary, and all Holders and Beneficial Owners of ADSs evidenced by ADRs issued thereunder.
 
    
4
  Opinion of Linklaters LLP, counsel for the Depositary as to the legality of the securities being registered.

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