Vale S.A 6-K, filed Jan 31, 2020
Vale S.A. (VALE)
About this 6-K
Vale S.A filed this 6-K on January 31, 2020.
United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the
Securities Exchange Act of 1934
For the month of
January 2020
Vale S.A.
Praia de Botafogo nº 186, 18º andar, Botafogo
22250-145 Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
(Check One) Form 20-F x Form 40-F ¨
(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1))
(Check One) Yes ¨ No x
(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7))
(Check One) Yes ¨ No x
(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
(Check One) Yes ¨ No x
(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b). 82- .)

Valeinforms decrease of relevant shareholding ownership
Rio de Janeiro, January 30^th^, 2020 – Vale S.A (“Vale”) informs that on January 30^th^, it received a notice from Litela Participações S.A. (“Litela”), signatory of Vale’s Shareholders Agreement signed on August 14^th^, 2017, stating as follows:
“Litela ParticipaçõesS.A (“Litela” or “Company”), publicly-held corporation, registered under CNPJ no. 05.495.546/0001-84, pursuantto article 12, caput, of Rulling 358/02, issued by the Brazilian Securities Commission (CVM), informs to Vale S.A. (“Vale”)that reduced its shareholding interest by 386,040,325 common shares, which are not bound to Vale’s Shareholders Agreement.Therefore, the percentage of common shares issued by Vale held by Litela is now 10.13% of Vale’s share capital excludingshares held in treasury by Vale, and 9.83% considering the shares held in treasury by Vale.
Litela clarifies that the shares weretransferred on January 27^th^, 2020 to its shareholders, in the proportion of their interest in the share capital of Litela,within the scope of Litela's capital reduction, approved in a general meeting on November 14^th^, 2019, which became effectivewith no opposition of creditors within the legal deadline.
Finally, Litela clarifies that it hasno interest in changing the control or the administrative structure of Vale".
Vale informs that it will proceed with the updating of its Reference Form, to reflect the aforementioned change, pursuant to CVM Instruction no. 480/09, as amended.
For further information,please contact:
+55-21-3485-3900
Andre Figueiredo: andre.figueiredo@vale.com
Andre Werner: andre.werner@vale.com
Mariana Rocha: mariana.rocha@vale.com
Samir Bassil: samir.bassil@vale.com
This press release may include statements that present Vale’s expectations about future events or results. All statements, when based upon expectations about the future, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM) and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Vale S.A. | ||
|---|---|---|
| (Registrant) | ||
| By: | /s/ André Figueiredo | |
| Date: January 30, 2020 | Director of Investor Relations |