On December 13, 2017, at its 173rd Ordinary Meeting, COPEL's Board of Directors resolved to antecipation the Interest on Equity (JCP) portion, in replacement of the dividends for the year 2017, in accordance with Law No. 9,249/95, to the shareholders with position on December 28, 2017. The distributed profit, as well as the payment date, will be ratified at the Annual General Meeting, to be held until April 2018, in which it will analyze the Management Report, Balance Sheet and other Financial Statements for the year 2017.
1. INTEREST ON EQUITY
1.1. Gross amount: R$266,000,000.00
1.2. Earnings per share:
1.2.1. R$0. 92624 per common share - ON
1.2.2. R$2.89050 per Class "A" preferred shares - PNA
1.2.3. R$1.01887 per Class "B" preferred shares - PNB
1.3. Shareholding position on: December 28, 2017
1.4. Ex-interest from: January 02, 2018
1.5. Taxes: 15.00%, according to the Law No. 9,249/95
1.6. Legal entities, which are characterized with the Brazilian legislation, EXEMPT from withholding Income Tax, shall, until April 27, 2018, prove this situation to the Company (address in item 4.1), through a document issued by the Federal Revenue Service, or court decision or statement mentioning the Law that refers to the exemption.
2. PAYMENT CONDITIONS
2.1. Bank account deposit (in accordance with the shareholder's registration data).
2.2. Money order.
3. REGISTRATION
3.1. The shareholders who opt for bank account deposit must send correspondence with authorization to do so (address in item 4.1), indicating the bank, branch and account number.
4.2. Depositary Bank abroad: The Bank of New York Mellon
101 Barclay Street, 22th Floor
New York - NY - 10286 Phone: (212) 815-7118 e-mail:Cassandra.miranda@bnymellon.com
Curitiba, December 13, 2017
Adriano Rudek de Moura
Chief Financial and Investor Relations Officer
COPEL - Companhia Paranaense de Energia published this content on 13 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 December 2017 23:11:10 UTC.
Companhia Paranaense de Energia - COPEL specializes in the, transmission, and distribution of electricity. Net sales break down by activity as follows:
- electricity production, transmission and distribution (92.7%);
- gas distribution (4.9%);
- supply of telecommunication services (2.4%).
At the end of 2019, the group had 30 plants (17 hydroelectric, 12 wind farms and 1 thermoelectric plant) with a total installed capacity of 7,246.4 MW. Copel also operates 7,441 km of transmission lines.