SECURITIES AND EXCHANGE COMMISSION
Pursuant to Rule 13a-16 or 15d-16 of the
04707-000 - São Paulo, SP
Federative Republic of Brazil
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____ |
TELESP CELULAR PARTICIPAÇÕES S.A. ANNOUNCES THE RESULTS OF THE SHARES SUBSCRIBED FOR DURING THE PUBLIC AUCTION OF UNSUBSCRIBED SHARES |
FOR IMMEDIATE RELEASE
TELESP CELULAR PARTICIPAÇÕES – CAPITAL INCREASE BY PRIVATE SUBSCRIPTION OF SHARES
São Paulo, Brazil – January 4, 2004 - Telesp Celular Participações S.A. ("TCP"), (NYSE: TCP; BOVESPA: TSPP3 (Common), TSPP4 (Preferred)), announces today (i) the total number of common shares (ON) and preferred shares (PN) subscribed for during the public auction held on January 4, 2005 at the São Paulo Stock Exchange (BOVESPA), where the shares were subscribed for at a minimum price R$ 5.00 to a maximum price of R$ 6.96 per thousand shares and (ii) the total number of shares subscribed in the initial preemptive rights exercise period, the two reoffering rounds and the public auction.
Public Auction – Shares Subscribed – Brazilian Market |
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|
Common |
(%) (1) |
Preferred |
(%) (2) |
TOTAL |
(%) (3) |
Portelcom Participações |
90,930 |
100.00% |
3,888,608 |
97.25% |
3,979,538 |
97.31% |
Other Shareholders |
- |
- |
109,946 |
2.75% |
109,946 |
2.69% |
Total |
90,930 |
100.00% |
3,998,554 |
100.00% |
4,089,484 |
100.00% |
Total Shares Subscribed For |
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|
Common |
(%) (1) |
Preferred Shares (including preferred shares underlying ADSs) |
(%) (2) |
TOTAL |
(%) (3) |
Brasilcel and Portelcom Participações (Controlling Shareholders) |
141,269,852,775 |
98.44% |
135,468,521,917 |
50.69% |
276,738,374,692 |
67.37% |
Other Shareholders |
2,243,213,843 |
1.56% |
131,797,585,759 |
49,31% |
134,040,799,602 |
32.63% |
Total |
143,513,066,618 |
100.00% |
267,266,107,676 |
100.00% |
410,779,174,294 |
100.00% |
(1) Percentage of common shares offered
(2) Percentage of preferred shares offered
(3) Percentage of total shares offered
The Company also announces that on January 7, 2005, a special meeting of the Board of Directors will take place to ratify the capital increase.
After the ratification of the capital increase by the Board of Directors, TCP's shareholder structure will be as follows:
Shareholder Structure after Ratification of the Capital Increase |
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Shareholder |
Common |
% |
Preferred Shares (including preferred shares underlying ADSs) |
% |
Total |
% |
Controlling Shareholders: |
524,712,213,728 |
94.90% |
515,084,066,790 |
50.02% |
1,039,796,280,518 |
65.70% |
Brasilcel |
432,599,784,676 |
78.24% |
515,079,458,274 |
50.02% |
947,679,242,950 |
59.88% |
Portelcom Participações |
92,112,429,052 |
16.66% |
4,608,516 |
0.00% |
92,117,037,568 |
5.82% |
Other Shareholders |
28,184,717,426 |
5.10% |
514,582,528,859 |
49.98% |
542,767,246,285 |
34.30% |
TOTAL |
552,896,931,154 |
100.00% |
1,029,666,595,649 |
100.00% |
1,582,563,526,803 |
100.00% |
# # #
VIVO – Investor Relations |
Telephone: +55 11 5105-1172 |
This press release contains forward-looking statements. Such statements are not statements of historical fact, and reflect the beliefs and expectations of the Company's management. The words "anticipates," "believes," "estimates", "expects," "forecasts," "intends," "plans," "predicts," "projects" and "targets", as well as other similar words are intended to identify these statements, which necessarily involve risks and uncertainties known or unknown by the Company. Future results of TCP operations may be different from the Company's current expectations, and the reader should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date they are made, and TCP does not undertake any obligation to update them in light of new information or future developments.
SIGNATURE
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TELESP CELULAR PARTICIPAÇÕES S.A. |
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By: |
/S/ Paulo Cesar Pereira Teixeira
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Paulo Cesar Pereira Teixeira
Investor Relations Officer |
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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.