Business Context and Reporting Period
This Form 6-K filing by Ambev S.A. covers the month of February 2021, with the report signed on March 9, 2021. The filing is a compliance report pursuant to Article 11 of CVM Instruction # 358/2002, detailing transactions involving securities and derivatives for the registrant and its controlled subsidiary, Ambev Luxembourg S.à.r.l.
Key Financial Metrics
This filing does not contain consolidated financial statements, revenue, profit, cash flow, or liquidity metrics. It exclusively reports on specific derivative and treasury share positions.
- Derivative Positions (Ambev Luxembourg S.à.r.l.):
- Swaps referenced in Shares: 30,039,800 units.
- Swaps referenced in ADRs: 26,974,653 units.
- Treasury Shares (Ambev S.A.):
- Common Shares held in treasury: 210,166 units.
- Common ADRs held in treasury: 0 units.
Material Changes and Transactions
The filing details specific derivative transactions executed in February 2021 by Ambev Luxembourg S.à.r.l. with Banco Bradesco. Despite these transactions, the final balance of derivative positions remained unchanged from the initial balance.
| Instrument | Operation Type | Quantity | Price (R$) | Volume (R$) |
|---|---|---|---|---|
| Swap referenced in Shares | Maturity | 2,366,200 | 15.60000 | 36,912,720.00 |
| Swap referenced in Shares | Conclusion | 2,366,200 | 15.60000 | 36,912,720.00 |
| Swap referenced in Shares | Maturity | 1,098,300 | 14.94000 | 16,408,602.00 |
| Swap referenced in Shares | Conclusion | 1,098,300 | 14.94000 | 16,408,602.00 |
For Ambev S.A.'s treasury shares, the filing explicitly states that no securities and derivatives operations took place during the month, resulting in no change to the treasury balance.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, or specific risk factors. It is a regulatory disclosure of derivative activity and treasury holdings.
Investor Verification Checklist
- Verify the total notional value of the Total Return Swaps executed in February 2021 (approx. R$ 106.6 million in volume).
- Confirm that the derivative positions for Ambev Luxembourg S.à.r.l. remained static despite the maturity and conclusion of specific swap contracts.
- Review the stability of the treasury share count (210,166 common shares) indicating no buyback or sale activity in February 2021.
- Note that this document does not contain operational or financial performance data for the quarter or year.