Material Fact
A Pubicly-Held Company
Corporate Taxpayer's ID (CNPJ/MF): 73.178.600/0001-18
Corporate Registration Number (NIRE): 35.300.137.728
Material Fact
São Paulo, September 15, 2020 - CYRELA BRAZIL REALTY S.A. EMPREENDIMENTOS E PARTICIPAÇÕES, ("Company" or "Cyrela"), communicate, in reference to the Material Fact dated of July 23, 2020, and the Notice to Market dated of August 25, 2020, within the scope of the initial public offering of distribution of primary and secondary common shares of Plano & Plano Desenvolvimento Imobiliário S.A. ("Plano & Plano" and "Offer", respectively), the fixing of the price per share in the amount of R$9.40 ( "Price per Share") was approved at a meeting of the Board of Directors of Plano & Plano held on this date, based on the result of the investment intentions collection procedure ("Bookbuilding Procedure"), along with the respective increase in Plano & Plano's paid-in capital, in the total amount of R$ 40,006,400.00, with the issuance by Plano & Plano of 4,256,000 new, registered, book-entry common shares, with no par value, free and clear of any liens or encumbrances. Also, within the scope of the Offer, the secondary distribution of common shares issued by Plano & Plano will be carried out and held by its controlling shareholders, without change in control of Plano & Plano.
The Announcement of Start and the Final Prospectus will be available in this date for consultation at the Company's and Plano & Plano's investor relations website, the Offer coordinators' website, in the Brazilian Securities Commission ("CVM") website, and also in the B3 S.A. - Brasil, Bolsa, Balcão's website.
This Material Fact is exclusively informative, in accordance with the terms of the existing legislation, and should not be considered as an announcement of shares offering or
Material Fact
an investment recommendation. It will not be held any Offer or common shares registering in any regulatory agency of any other country beside Brazil, among with CVM.
São Paulo, September 15, 2020.
Miguel Maia Mickelberg
Investor Relations Officer
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