Hyundai Rotem Brasil Industria E Comercio De Trens Ltda. announced a private placement of 443,921,505 shares at the price of BRL 1 per share for gross proceeds of BRL 443,921,505 on May 11, 2021. The face value of the shares is BRL 1 per share. The total number of shares of the company before issuance is 22,991,621. The company will issue 19.3079689 new shares per share. The capital increase method would be shareholder allocation increase. The transaction has been approved by board of directors of the company. The expected issuance and payment date are May 17, 2021.