Business Context and Reporting Period
TIM S.A. filed this Form 6-K on October 9, 2020, reporting securities holdings for September 2020 under applicable Brazilian disclosure requirements. The provided filing does not cover the requested December 31, 2020 period.
Key Disclosures
- A related party identified as a controlling shareholder held 1,611,969,946 common registered shares, representing 66.581922% of the relevant share class. The balance was unchanged during September 2020.
- A group and related parties account held 86,389 common registered shares, representing 0.000005% of the relevant share class. The balance was unchanged.
- Board of Directors members held 262,078 common registered shares, representing 0.010825% of the relevant share class. The balance was unchanged.
- Executive management, the Fiscal Council, and technical or advisory bodies reported no holdings.
- No securities or derivatives transactions are described; the filing reports opening and closing balances only.
Financial Metrics and Liquidity
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, balance-sheet data, or other operating financial metrics.
Material Changes, Outlook, and Risks
No material changes in reported holdings occurred during September 2020. The filing provides no guidance, outlook, management commentary, contingencies, or operating risk discussion.
Investor Verification Items
- Verify the applicable reporting period, since the filing date and disclosure period are in 2020 but precede December 31, 2020.
- Confirm the classification of the 1,611,969,946-share holder as a controlling shareholder and the basis for the stated 66.581922% ownership percentage.
- Review the company’s other filings for financial performance, capital structure, debt, liquidity, and subsequent ownership changes.