1. Members have a pre-emption right in capital increases to be paid in cash.
1 - Os sócios gozam de preferência nos aumentos de capital a realizar em dinheiro.
2. As between members, the allocation of the capital increase shall be calculated:
2 - Entre sócios, o cálculo da repartição do aumento de capital será feito:
a) By allocating to each member the amount proportional to the quota interest held by that member on the said date, or such lower amount as the member has requested;
a) Atribuindo a cada sócio a importância proporcional à quota de que for titular na referida data ou da importância inferior a essa que o sócio tenha pedido;
b) By satisfying requests exceeding the amount referred to in the first part of point (a), to the extent resulting from one or more apportionments of the remaining amounts, in proportion to the excess of the amounts requested.
b) Satisfazendo os pedidos superiores à importância referida na primeira parte da alínea a), na medida que resultar de um ou mais rateios das importâncias sobrantes, em proporção do excesso das importâncias pedidas.
3. The part of the increase which, in respect of each member, is not sufficient to form a new quota interest shall be added to the nominal value of the existing quota interest.
3 - A parte do aumento que, relativamente a cada sócio, não for bastante para formar uma nova quota, acrescerá ao valor nominal da quota antiga.
4. The pre-emption right conferred by this Article may be limited or excluded only in accordance with Article 460.
4 - O direito de preferência conferido por este artigo só pode ser limitado ou suprimido em conformidade com o disposto no artigo 460.º
5. Members must exercise the right referred to in paragraph 1 no later than at the meeting that approves the capital increase, and for that purpose they must be informed of the terms of the increase in the notice convening the meeting or in a communication made by the managers at least 10 days before the date on which the meeting is held.
5 - Os sócios devem exercer o direito referido no n.º 1 até à assembleia que aprove o aumento do capital, devendo para este efeito ser informados das condições desse aumento na convocatória da assembleia ou em comunicação efectuada pelos gerentes com, pelo menos, 10 dias de antecedência relativamente à data de realização da assembleia.
The pre-emption right is confined to cash increases, the two-stage allocation in points (a) and (b), the Article 460 limit on restriction or exclusion, and the exercise deadline with at least 10 days' prior information are retained.
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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.