OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of July, 2010
(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___
Publicly Held Company
Corporate Taxpayers’ Id. (CNPJ/MPF): 42.150.391/0001-70
Company Registry (NIRE) No. 29.300.006.939
NOTICE TO THE MARKET
BRASKEM S.A. (“Braskem”), pursuant to Instruction 384/2003 of the Brazilian Securities and Exchange Commission (CVM) and Resolution 293/2003 of the São Paulo Stock Exchange (BM&FBOVESPA), hereby informs its shareholders and the market that on the present date it signed an addendum to the agreement with BANCO UBS PACTUAL S/A, which served as Market Maker from July 2, 2009 until the present date, for its Class ‘A’ preferred shares listed on the BM&FBovespa. Braskem currently has 264,365,692 (two hundred sixty-four million, three hundred sixty-five thousand, six hundred ninety-two) outstanding Class ‘A’ preferred shares.
The addendum has as purpose the assignment, by BANCO UBS PACTUAL S/A to BTG PACTUAL CORRETORA DE TÍTULOS E VALORES MOBILIÁRIOS S.A., of its contractual position as contracted party in the service agreement mentioned above, as well as the renewal of the agreement of another twelve (12) months, in addition to making said term automatically renewable for equal periods if neither party has expressed its intent otherwise. In addition, no other agreement was signed with BTG PACTUAL CORRETORA DE TÍTULOS E VALORES MOBILIÁRIOS S/A regulating the exercise of voting rights or the purchase or sale of securities issued by the Company.
The Agreement is valid for 12 (twelve) months and may be renewed through Contractual Addendums. It is important to mention that no other agreement was signed with BTG PACTUAL CORRETORA DE TÍTULOS E VALORES MOBILIÁRIOS S.A. regulating the exercise of voting rights or the purchase or sale of securities issued by Braskem.
The Market Maker is an agent that undertakes to maintain a regular and continuous flow of purchase and sale offers, thus ensuring minimum liquidity and a benchmark price for the share, while respecting a predetermined spread. The hiring of a market maker underlines Braskem’s commitment to its investors by fostering the liquidity of its shares.
BTG PACTUAL CORRETORA DE TÍTULOS E VALORES MOBILIÁRIOS S.A. will begin market making services for Braskem on July 1, 2010.
São Paulo, June 30, 2010
Marcela Drehmer
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: July 01, 2010| BRASKEM S.A. | |||
| By: | /s/ Marcela Aparecida Drehmer Andrade | ||
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| Name: | Marcela Aparecida Drehmer Andrade | ||
| 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.