Paranapanema (PMAM3), which is under court-supervised reorganization, has set the conversion price at R$ 0.15 per share for the sixth window of the 8th issue of debentures convertible into shares, unsecured, single series, for private placement. The reference period for this window runs from August 11, 2026 to September 24, 2026, inclusive.
According to the company, the value of R$ 0.15 per share corresponds to 92% of the lowest volume-weighted average price of Paranapanema’s common shares traded on B3, calculated between July 28 and August 10, 2026, in line with the indenture of the 8th debenture issue.
The disclosed conversion price will remain valid until September 24, 2026 and will be automatically replaced by a new value to be calculated and communicated in a notice to shareholders. The current price applies only to debenture conversion requests formalized within this period.
The conversion of debentures into shares will observe, in addition to the price now disclosed, all other terms, conditions and procedures set forth in the indenture of the 8th issue, as well as applicable corporate law and regulation.
