C&A Modas S A : Notice to the Market - Clarifications on queries from CVM/B3 - Unusual stock movement
August 25, 2021 at 06:01 pm EDT
Share
C&A MODAS S.A.
CNPJ/ME 45.242.914/0001-05
NIRE 353000542762
Traded Company
To
B3 S.A. - Brasil, Bolsa, Balcão
Ana Lucia Pereira
Office of Listing and Issuer Supervision
B3 S.A. - Brasil, Bolsa, Balcão
c.c.: CVM - Comissão de Valores Mobiliários
Sr. Fernando Soares Vieira - Office of Public Company Supervision Sr. Francisco José Bastos Santos - Office of Market Surveillance
Ref.: Response to Notice 1165/2021 ("Notice")
Dear Madam,
We refer to the above mentioned Notice, transcribed below, through which C&A Modas S.A. ("Company") was requested to provide clarification regarding to the registered fluctuations in the shares issued by the Company.
"24 de August de 2021 1165/2021-SLS
C&A Modas S.A.
At. Sr. Milton Lucato Filho
Diretor de Relações com Investidores
Ref.: Request for clarification on atypical stock price movement
Dear Sir,
Considering the registered fluctuations in the shares issued by the Company, the number of trades and the traded amount, according to below, we request to be informed, until 08/25/2021, if there is any fact of your knowledge that justifies them.
GED - 5254296v1
Ordinary Shares
Prices (R$ per share)
Date
Opening
Minimum
Maximum
Average
Last
Oscil.
Nº
Amount
Volume (R$)
%
08/11/2021
11.47
10.63
11.47
10.92
10.79
-5.26
9,260
4,618,100
50,422,180.00
08/12/2021
10.79
10.58
10.97
10.81
10.81
0.18
6,701
1,797,300
19,421,573.00
08/13/2021
10.81
10.57
10.92
10.69
10.71
-0.92
4,359
1,360,000
14,533,434.00
08/16/2021
10.65
10.14
10.65
10.25
10.17
-5.04
9,408
2,794,400
28,638,283.00
08/17/2021
10.13
9.06
10.14
9.32
9.08
-10.71
16,412
6,613,600
61,615,168.00
08/18/2021
9.08
8.97
9.64
9.31
9.34
2.86
12,868
4,747,100
44,186,730.00
08/19/2021
9.10
9.02
9.53
9.32
9.34
0.00
8,441
2,305,300
21,474,038.00
08/20/2021
9.29
9.18
9.48
9.36
9.41
0.74
5,322
1,662,000
15,556,602.00
08/23/2021
9.48
9.02
9.53
9.15
9.02
-4.14
6,780
2,564,400
23,460,586.00
08/24/2021*
9.16
9.04
10.25
9.42
10.22
13.30
19,688
13,852,900
130,566,362.00
*Updated to 17h58."
The Company is not aware of any material act or fact related to its business, that could justify the price and volume movement in the common shares issued by the Company in the period indicated above, as pointed out in the notice.
C&A Modas reaffirms its commitment to transparency in communicating with its shareholders and the market in general, as well as keeping them informed about the relevant aspects of its business.
The Company is at your entire disposal for any additional clarification that may be necessary.
Barueri, August 25, 2021.
Milton Lucato Filho
CFO and Investor Relations Director
GED - 5254296v1
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C&A Modas SA published this content on 25 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2021 22:00:01 UTC.
C&A Modas SA, formerly know as C&A Modas Ltda, is a Brazil-based fashion company, which manages a retail chain of shops and a Web portal. The Company sells a variety of products, such as apparel, accessories and footwear for men, women and children; cosmetics for both man and woman; electronic devices, including smartphones, notebooks, tablets and related accessories, among others. Its offering includes also products from different brands that customer can buy also through a mobile application.