OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of September, 2017
(Commission File No. 1-14862 )
Camacari, Bahia - CEP 42810-000 Brazil
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
in paper as permitted by Regulation S-T Rule 101(b)(7). _____
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___
São Paulo, September 21, 2017
TO
B3 – BRASIL, BOLSA, BALCÃO (“B3”)
Praça Antônio Prado, 48, 2º andar
CEP 01010-010, São Paulo – SP
Company Oversight Department
Attn: Ms. Lúcia da Costa Pereira – Superintendent of Company Oversight (acting)
Cc.: Securities and Exchange Commission of Brazil (CVM)
Attn: Mr. Fernando Soares Vieira – Company Relations Superintendent
Mr. Francisco José Bastos Santos – Market Relations and Intermediaries Superintendent
Ref.: Official Letter 1544/2017-SAE
Dear Sir/Madam,
In reference to Official Letter 1544/2017-SAE (“Letter”), dated September 20, 2017, through which you requested clarifications from Braskem S.A. (“Braskem” or “Company”), as transcribed below:
“Ref.: Atypical stock movements
Dear Managers,
In view of the recent fluctuations in your stock price, number of orders and trading volume, as shown below, we request that you inform, by Sept. 21, 2017, if there is any fact that you are aware of to justify them.
|
PNA Stock | |||||||||
|
Price (R$ per share) | |||||||||
|
Date |
Opening |
High |
Low |
Average |
Closing |
Fluct. % |
No. of orders |
Trading Vol. |
Fcl. Trading Vol. |
|
06/09/2017 |
39.32 |
39.19 |
40.78 |
40.22 |
40.37 |
3.54 |
14,005 |
2,525,700 |
101,573,861.00 |
|
08/09/2017 |
40.21 |
38.81 |
40.27 |
39.35 |
39.34 |
-2.55 |
6,319 |
1,429,900 |
56,271,203.00 |
|
11/09/2017 |
39.99 |
39.67 |
41.08 |
40.62 |
40.78 |
3.66 |
7,863 |
1,299,700 |
52,799,696.00 |
|
12/09/2017 |
40.79 |
40.79 |
42.10 |
41.71 |
41.30 |
1.28 |
7,325 |
1,313,800 |
54,803,540.00 |
|
13/09/2017 |
41.90 |
40.59 |
42.09 |
41.10 |
41.00 |
-0.73 |
7,501 |
1,485,000 |
61,029,800.00 |
|
14/09/2017 |
41.00 |
40.64 |
41.40 |
41.01 |
40.86 |
-0.34 |
5,154 |
909,700 |
37,308,336.00 |
|
15/09/2017 |
41.40 |
40.89 |
41.85 |
41.33 |
41.30 |
1.08 |
10,174 |
1,952,200 |
80,692,005.00 |
|
18/09/2017 |
41.57 |
40.90 |
41.94 |
41.35 |
41.29 |
-0.02 |
4,985 |
1,013,600 |
41,915,686.00 |
|
19/09/2017 |
41.60 |
41.44 |
42.66 |
42.08 |
42.21 |
2.23 |
5,863 |
1,095,200 |
46,082,465.00 |
|
20/09/2017* |
42.66 |
42.58 |
44.53 |
44.07 |
44.30 |
5.17 |
4,798 |
1,184,400 |
52,204,633.00 |
* Updated as of 12:09 p.m.
In this regard, Braskem clarifies that it is not aware of any material fact or act that justifies the recent fluctuations in its stock price, number of orders and trading volume. Furthermore, the Company’s management is not aware of any fact that has not been disclosed to the market or that is not public knowledge that could justify the fluctuations in its stock during the period from Sept. 6, 2017 and Sept. 20, 2017.
For more information, contact Braskem’s Investor Relations Department by calling +55 (11) 3576-9531 or by sending an e-mail to braskem-ri@braskem.com.br.
Sincerely,
Pedro van Langendonck Teixeira de Freitas
Chief Financial and Investor Relations Officer
Braskem S.A.
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.
Date: September 21, 2017| BRASKEM S.A. | |||
| By: | /s/ Pedro van Langendonck Teixeira de Freitas | ||
|
| |||
| Name: | Pedro van Langendonck Teixeira de Freitas | ||
| Title: | Chief Financial Officer | ||
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 offuture 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.