On Thursday, October 1, 2026, Vamos (VAMO3) reported that it had received a notice from Simpar S.A. regarding the settlement of total return swap transactions referenced to the company’s shares and the cash acquisition of 57,828,000 common shares, equivalent to 4.73% of Vamos’ outstanding shares.
According to Simpar, its wholly owned subsidiary CS Brasil Holding e Locação S.A. settled physically settled total return swap transactions referenced to 12,000,000 Vamos shares, representing 0.98% of the total common shares, and cash-settled transactions referenced to 45,828,000 shares, representing 3.75% of the company’s common shares, through the cash acquisition of the 57,828,000 shares.
As a result, Simpar’s direct and indirect economic exposure to Vamos shares is now composed of 682,949,741 shares held outright, corresponding to 55.90% of the share capital, in addition to cash-settled derivatives in a long position referenced to 46,722,736.14 shares (3.82% of the capital) and in a short position in the same quantity and percentage.
Simpar stressed that the settlement of the transactions and the cash acquisition of the shares do not change its total economic exposure to Vamos shares, nor are they intended to alter the composition of the company’s control or management structure. The transactions are part of negotiations to renew the total return swaps, whose execution was approved by Simpar’s board of directors and will be disclosed once completed.
Simpar also reported that it maintains, together with BNDES Participações S.A. – BNDESPAR, with Vamos as intervening party and consenting party, a shareholders’ agreement that governs the exercise of voting rights and the purchase and sale of securities issued by the company.
