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
May
200
8
Commission File Number
1-14493
V
IVO
PARTICIPAÇÕ
ES
S.A.
(Exact
name of registrant as specified in its
charter)
VIVO
Holding Company
(Translation
of Registrant's name into English)
Av. Roque Petroni Jr., no.1464,
6
th
floor
–
part, "B"building
04707-000 -
Sã
o Paulo
, SP
Federative
Republic
of
Brazil
(Address of principal executive
office)
Indicate by check mark whether the
registrant files or will file annual reports under cover Form 20-F or Form
40-F.
Form 20-F ___X___ Form 40-F
_______
Indicate by check mark
whether the reg
istrant by fu
rnishin
g 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____
PRORATION
FACTOR OF THE AUCTION HELD ON MAY 12, 2008 ON PUBLIC TENDER OFFER FOR
ACQUISITION OF 1/3 OF THE OUTSTANDING PREFERRED SHARES
São Paulo, May 12, 2008
–
VIVO Participações S.A.
(“Vivo Part”) announces the amount of preferred shares of Telemig Celular
Participações S.A and Telemig Celular S.A. acquired in the auctions held today,
as well as the proration factor applied, due to the fact that the number of
shares offered by
the
shareholders in the auctions
have
exceeded the maximum amount of preferred shares that the Offeror, TCO IP S.A,
undertook to acquire (the limited amount of 1/3 of outstanding preferred
shares). No proportional apportionment was applicable to the shares of Telemig
Celular codes TMGC6, TMGC7, TMGC11 e TMGC 12 in relation to which the number of
shares offered by investors to sell was lower than the total amount of shares
TCO IP S.A. has offered to purchase:
Negotiation Code
|
Maximum
amount to be acquired
|
amount
of shares offered to sell and accepted
|
Proration
factor
|
TMCP4L
|
7,257,020
|
7,257,020
|
0.3907
|
TMGC6L
(class B)
|
65
|
47
|
1.000
|
TMGC7L
(class C)
|
6,923
|
908
|
1.000
|
TMGC11L
(class E)
|
1,276
|
703
|
1.000
|
TMGC12L
(class F)
|
4,261
|
77
|
1.000
|
TMGC13L
(class G)
|
87,757
|
87,757
|
0.9651
|
Vivo Part
intends to publish a notice of material fact after the financial and operational
settlement of the transaction, which shall occur on May 15, 2008 that will
contain the new shareholding position of Vivo Group in Telemig Participações
S.A. and in Telemig Celular S.A.
VIVO – Investor
Relations
|
Ernesto
Gardelliano
Carlos Raimar
Schoeninger
Janaina São
Felicio
|
Av
Chucri Zaidan, 860 – Morumbi – SP – 04583-110
Telephone:
+55 11 7420-1172
e-mail:
ri@vivo.com.br
Information
disclosure on
website
:
http://www.vivo.com.br/ri
|
This press release contains
forecasts of future events. Such statements are not statements of
historical fact, and merely reflect the expectations of the company's
management. The terms "anticipates," "believes," "estimates," "expects,"
"forecasts," "intends," "plans," "projects", "aims" and similar terms are
intended to identify these statements, which obviously involve risks or
uncertainties which may or may not be foreseen by the company.
Accordingly, the future results of operations of the Company may differ
from its current expectations, and the reader should not rely exclusively
on the positions taken herein. These forecasts speak only of the date they
are made, and the company does not undertake any obligation to update them
in light of new information or future
developments
|
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:
May 12
, 200
8
VIVO PARTICIPAÇÕ
ES
S.A.
|
|
|
|
By:
|
/S/ Ernesto
Gardelliano
|
|
|
Ernesto
Gardelliano
Investor Relations
Officer
|
|
FORWARD-LOOKING
STATEMENTS
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 t
h
ey 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 unce
r
tainties. 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 ch
a
nges in such assumptions or factors
could cause actual results to differ materially from current
expectations.