SECURITIES AND EXCHANGE COMMISSION
Pursuant to Rule 13a-16 or 15d-16 of the
-7° Andar, Brasília, D.F.
Federative Republic of Brazil
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____ |
TELE CENTRO OESTE CELULAR PARTICIPAÇÕES S.A. ANNOUNCES THE RESULT OF THE SHARES SUBSCRIBED DURING THE PERIOD FOR EXERCISE OF THE PREEMPTIVE RIGHT UPON THE INCREASE OF CAPITAL FOR CAPITALIZATION OF PREMIUM |
INCREASE OF CAPITAL IN tco BY PRIVATE SUBSCRIPTION OF SHARES
Brasília, Brazil – July 29, 2005 – Tele Centro Oeste Celular Participações S.A. ("TCO"), (BOVESPA: TCOC(3) (Common), TCOC4 (Preferred), NYSE: TRO), announces that, at a meeting of the Board of Directors held on this date, the following matters were homologated: (1) increase of capital by private subscription, for capitalization of the premium in the amount of R$ 63,893,190.47, upon issue of 3,107,645 new registered, book-entry common shares, with no face value, subscribed by the shareholders during the period for exercise of the preemptive right which started on 06/29/2005 and ended on 07/28/2005, pursuant to the table below; and, (2) cancellation of all the company's treasury shares, corresponding to 1,927,812 registered, book-entry common shares, with no face value, which matter was already approved at the AGE (Special Meeting of Shareholders) held on 03/31/2005, as shown in the table below.
Shares subscribed in the capital increase
Shareholder |
Subscribed Common Shares |
(%) (1) |
Telesp Celular Participações S.A. |
2,966,415 |
95.46 |
Other Shareholders |
141,230 |
4.54 |
Total |
3,107,645 |
100 |
(1) Percentage in relation to the offered total.
After the increase of capital and cancellation of the treasury shares, the ownership structure of TCO is the following:
Shareholder |
Common Shares |
% |
Preferred |
% |
Total |
% |
Telesp Celular Participações S.A. |
40,160,797 |
90.59 |
28,084,178 |
32.76 |
68,244,975 |
52.47 |
Treasury Shares |
0 |
|
0 |
|
0 |
|
Other Shareholders |
4,171,925 |
9.41 |
57,651,258 |
67.24 |
61,823,183 |
47.53 |
TOTAL |
44,332,722 |
100 |
85,735,436 |
100 |
130,068,158 |
100 |
Brasília, July 29, 2005
Arcádio Luís Martinez García
Investor Relations Officer
Tele Centro Oeste Celular Participações S.A.
VIVO – Investor Relations
Tel: +55 11 5105-1172
Email: ri@vivo.com.br
Information available from: www.vivo.com.br /ri
SIGNATURE
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.
Date: August 01, 2005
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TELE CENTRO OESTE CELLULAR HOLDING COMPANY |
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By: |
/S/ Arcadio Luis Martinez Garcia
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Arcadio Luis Martinez Garcia
Investor Relations Officer |
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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.