Form
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
Of Foreign Private Issuer
Pursuant
To Rule 13a-16 Or 15d-16 Of
The
Securities Exchange Act Of 1934
For the
month of October, 2008
Commission
File Number: 001-14950
ULTRAPAR
HOLDINGS INC.
(Translation
of Registrant’s Name into English)
Avenida Brigadeiro Luis Antonio,
1343, 9º Andar
São
Paulo, SP, Brazil 01317-910
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F:
|
Form
20-F
|
X
|
Form
40-F
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
|
Yes
|
No
|
X
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
|
Yes
|
No
|
X
|
Indicate
by check mark whether by furnishing the information contained in this Form, the
Registrant 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
|
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): N/A
ULTRAPAR
HOLDINGS INC.
TABLE
OF CONTENTS
|
ITEM
|
|
|
1.
|
Market
Announcement dated October 7, 2008
|
 |
ULTRAPAR
PARTICIPAÇÕES S.A.
|
Market
Announcement
São Paulo, Brazil,
October 7th, 2008 –
ULTRAPAR PARTICIPAÇÕES S.A. (“Ultrapar” – BOVESPA:UGPA4/NYSE:UGP), in response
to recent questions posed by some investors and analysts, hereby informs
that:
|
|
-
|
The company
maintains a conservative financial management policy, monitored by its
Risks and Financial Investments Committee, which exists for more than 10
years and is composed by its Executive Board
members.
|
|
|
-
|
It has used
for over 10 years credit rating systems to evaluate financial institutions
in which it invests its liquid assets, including input from external
specialized firms since 2002. Ultrapar’s financial management policy
privileges liquidity and credit quality, and its liquid assets are
invested in financial institutions with track record of strong credit
position.
|
|
|
-
|
Its foreign
exchange hedge operations are made with the sole purpose of protecting the
company’s exposure to foreign exchange risks. Thus, the volume of foreign
exchange hedges is compatible with the company's net foreign exchange rate
exposure, which includes its assets and liabilities in dollars and the
near term sales of Oxiteno in dollars. The company does not use leveraged
foreign exchange derivatives.
|
André
Covre
Chief Financial and
Investor Relations Officer
ULTRAPAR
PARTICIPAÇÕES 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: October
8, 2008
|
ULTRAPAR
HOLDINGS INC.
|
|||
|
By:
|
/s/
André Covre
|
||
|
Name:
André Covre
|
|||
|
Title:
Chief Financial and Investor Relations Officer
|
|||
(Market
Announcement)