In order to promote the best trading environment for its shares and in accordance with the best practices of Corporate Governance, PetroReconcavo S.A. hired BTG Pactual Corretora de Títulos e Valores Mobiliários S.A. as its market maker agent and advisor in the process of promoting the liquidity of its shares for an indefinite period.
The market maker is an agent who committed to maintaining bid and ask orders on a regular and continuous basis at an established maximum spread. Its practice aims to facilitate business and avoid artificial movements in the share price caused by lack of liquidity.
| Type of Security | Shares |
|---|---|
| Ticker | RECV3 |
| ISIN Code | BRRECVACNOR3 |
| Maximum Spread | 2% |
| Minimum Trading Amount | 2.000 shares |
| Market Maker | BTG Pactual |
| Term of Contract | 12 months |
| Contract Effective as of | 03/14/2024 |
| Market Maker Activities Started on | 03/14/2024 |