We hereby announce to the Shareholders that the Board of Directors of Kroton Educacional S.A. ('Company'), in the meeting held at 7:00 a.m. on May 12, 2017, approved, subject to approval of the Annual Shareholders' Meeting of the Company that will consider and vote on the results of the fiscal year ended on December 31, 2017, the distribution of interim dividends, to be calculated towards the minimum mandatory dividends for fiscal year 2017. The amount to be distributed will be R$ 187,595,799.23 (one hundred eighty-seven million, five hundred ninety-five thousand, seven hundred ninety-nine reais and twenty-three centavos), without monetary restatement or withholding income tax in accordance with applicable law. The dividends will be paid to shareholders in proportion to their respective interest in the Company's capital stock, in the amount of R$ 0.1154544671 per common share of the Company, already deducted from this calculation any shares held in treasury on the date hereof. Dividends will be paid by the Company on May 29, 2017 to shareholders of record at the close of trading on May 18, 2017. Starting May 19, 2017, inclusive, the Company's shares will be traded ex-dividend on the São Paulo Stock Exchange (BM&FBOVESPA).
Shareholders registered with Banco Bradesco S.A., the stock transfer agent for the Company's shares, choosing to receive dividends through credit to their account will be credited the dividends automatically. Shareholders not registered with Banco Bradesco S.A. should, as of this date, visit any Banco Bradesco S.A. branch to update their records in order to receive dividends. Shareholders whose shares are held in custody at the Brazilian Clearing and Depository Corporation (CBLC) will receive payment through their respective custody agents.
Belo Horizonte, May 12, 2017
Carlos Alberto Bolina Lazar
Investor Relations Officer
Kroton Educacional S.A.
Kroton Educacional SA published this content on 12 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 May 2017 11:44:20 UTC.
Original documenthttp://ri.kroton.com.br/kroton2010/web/conteudo_en.asp?idioma=1&tipo=32840&conta=44&id=244317
Public permalinkhttp://www.publicnow.com/view/E1977C58178F220FACD417113DB32B736D2DCCE3
Cogna Educacao SA, formerly Kroton Educacional SA, is a Brazil-based company active in the private education sector. The Company focuses on developing primary and secondary schools, post-secondary and undergraduate programs, as well as vocational courses. The Company's activities are divided into three business segments: In-class higher education, which offers port-secondary programs on campus; Distance learning higher education (EAD), which provides port-secondary programs via online platform, and Basic education, which includes own and managed primary schools, collection and development of teaching materials, school management advisory, as well as educational support tools, among others. The Company operates a number of brand names, such as Anhanguera, Fama, Pitagoras, Unic, Unime and Unopar. In addition, it is involved in the wholesale, retail, distribution, import and export of textbooks, course books, magazines and other publications related to education.
COGNA EDUCAÇÃO 
