Goldman Sachs reported that on October 26, 2026, it came to hold a position in cash-settled derivatives equivalent to 17,437,817 common shares of C&A Modas (CEAB3), corresponding to 5.66% of the company’s shares.
According to the correspondence sent to C&A, there are no spot shares, ADRs, stock lending or physically settled derivatives in a long position, and the total short position in physically settled derivatives is 200,000 shares, equivalent to 0.06% of the company’s shares. In cash-settled derivatives, in addition to the long position equivalent to 5.66% of the capital, there is a short position corresponding to 3,331,634 shares, or 1.08%.
Goldman Sachs further reported that this is a minority investment, which does not involve any change in shareholding control or any alteration in the management structure of C&A Modas. The group entities stated they do not intend to acquire additional shares of the company and do not hold convertible debentures issued by it, nor do they take part in voting or securities purchase and sale agreements involving the company’s securities.






