CORTICEIRA AMORIM, SGPS, S.A. 1/3
Press ReleaseCorticeira Amorim Dividend Payout
Mozelos, November 29, 2017
Dividend PayoutAccording to a resolution passed at the Extraordinary Annual General Meeting of the Company held today 29thNovember 2017, we are pleased to announce that the following dividends per share will be available to Shareholders from the 14thday of December 2017:
Individuals: Gross Dividend: | € 0.08 | Companies: Gross Dividend: | € 0.08 |
Personal Income Tax (28%)(*): | € 0.0224 | Corporate Income Tax (25%)(*): | € 0.02 |
Net Dividend: | € 0.0576 | Net Dividend: | € 0.06 |
(*) Dividends are subject to a definitive withholding tax of 35% when paid or made available to: (i) bank accounts opened in name of one or more holders but on behalf of unidentified third parties, except in the case that the final beneficiary is identified: or
(ii) non-resident entities with no permanent establishment in Portuguese territory, which are domiciled in a country, territory or region under a tax regime clearly more favorable, included in the approved list published by the Ministry of Finance.
Dividends shall be paid through the Central Securities Depository. The paying agent appointed for this purpose is Banco BPI, SA.
A shareholder who shall have not yet converted his/her physical share certificates into dematerialized form cannot exercise his/her right to dividends before carrying out the conversion. Dividends shall be paid immediately upon conversion.
A shareholder who is entitled to exemption or reduction from the above withholding tax (Personal or Corporate) must provide credible evidence thereof to his/her financial intermediaries prior to the dividend payment date.
Mozelos, November 29, 2017
Mozelos, November 29, 2017 2/3
About Corticeira Amorim SGPS, S.A.:
Tracing its roots back to the 19th century, Amorim has become the world's largest cork and cork- derived company in the world, generating more than Euro 640 million in sales to more than 100 countries through a network of dozens of fully owned subsidiaries.
With a multi-million Euro R&D investment per year, Amorim has applied its specialist knowledge to this centuries-old traditional culture, developing a vast portfolio of 100% sustainable products that are used by blue-chip clients in industries as diverse and demanding as wines & spirits, aerospace, automotive, construction, sports, interior and fashion design.
Amorim's responsible approach to raw materials and sustainable production illustrates the remarkable interdependence between industry and a vital ecosystem - one of the world's most balanced examples of social, economic and environmental development.
Corticeira Amorim, SGPS, S.A. Sociedade Aberta
Edifício Amorim I
Rua de Meladas, n.º 380 4536-902 Mozelos VFR Portugal
corticeira.amorim@amorim.comwww.corticeiraamorim.comInstagram:@Amorimcork
For additional information:
Cristina AmorimCFO | IRO
phone: + 351 227 475 425
Corticeira.amorim@amorim.com
Ana Negrais de Matos, CFAIR
phone: + 351 227 475 423
ana.matos@corticeira.amorim.com
Share Capital: EUR 133 000 000,00
A company incorporated in Santa Maria da Feira Registration and Corporate Tax ID No:
PT 500 077 797
Corticeira Amorim SGPS SA published this content on 29 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 November 2017 15:32:03 UTC.
Original documenthttps://www.amorim.com/xms/files/Investidores/7_Comunicados/201711Dividends2en.pdf
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