SÃO PAULO, Dec. 3, 2020
/PRNewswire/ -- Itaú Unibanco Holding S.A. ("Itaú
Unibanco" or "Company") informs its stockholders and the general
market that on December 2, 2020 it
sold the shares issued by XP Inc. ("XP") held by its subsidiary ITB
Holding Brasil Participações Ltda., representing 4.4% of XP's
capital stock, by way of the public offering held on Nasdaq, the
stock exchange on which XP's shares are listed ("Transaction").
This Transaction totaled US$ 935 million. After the green
shoe exercise, the total amount might reach US $ 1.052 billion equivalent to 5% of XP total
capital. This sale will affect Itaú Unibanco's results for this
year.
Itaú Unibanco became the holder, directly or indirectly, of
41.1% of XP's total capital and, after the green shoe exercising,
if consummately, it will become the holder, directly or indirectly,
of 40.5% of the total capital of XP.
ALEXSANDRO
BROEDEL
Group Executive Finance Director and Head
of Investor Relations
Itaú Unibanco - Corporate Communication
(11) 5019-8880 / 8881 - press@itau-unibanco.com.br
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SOURCE Itaú Unibanco Holding S.A.