Mogi das Cruzes, May 15, 2014 – JSL (BM&FBOVESPA: JSLG3 and OTC: JSLGY) (“Company”), a publicly-held company, in accordance with Instruction 358 of the Brazilian Securities and Exchange Commission, of January 3, 2002, and Article 157, paragraph 4, of Law 6,404, of December 15, 1976, hereby informs its shareholders and the market in general that, in reference to the Material Fact published on April 16, 2013, the Central Bank of Brazil published in the “Diário Oficial da União” (Section 3), today, the approval for the acquisition of BGN Leasing S.A. (“BGN Leasing”) by JSL Holding Financeira Ltda., a Company subsidiary.
The acquisition price calculated on July 25, 2014, date when the transaction was closed, totalled R$12,057,187.16, correspond to 140% of the total amount of its monetary assets on the closing date.
BGN Leasing BGN Leasing does not have any balances on leasing operations, and the effective operational start-up is conditioned on approval of the inspection of the organizational structure, as per Brazilian Central Bank Resolution 4,122, of 2012.
BGN Leasing may enable the Company to take advantage of commercial opportunities mainly related to the activities developed by the logistics area, initially through the offer of financial and/or operational leasing for the acquisition of vehicles and equipment.
The Company will maintain its shareholders and the market informed of BGN Leasing’s effective operational start-up.
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Denys Marc Ferrez
Investor Relations Officer