Ultrapar Participacoes : Distribution of dividends
March 07, 2017 at 09:17 am EST
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ULTRAPAR PARTICIPAÇÕES S.A.
Publicly Traded Company
CNPJ nº 33.256.439/0001- 39
NIRE 35.300.109.724 NOTICE TO SHAREHOLDERS Distribution of dividends
We hereby inform that the Board of Directors of Ultrapar Participações S.A. ("Ultrapar"), at the meeting held today, approved the distribution of dividends, payable from the net earnings account for the fiscal year of 2016, in the amount of R$ 472,648,153.80 (four hundred and seventy-two million, six hundred and forty-eight thousand, one hundred and fifty-three Reais and eighty cents), to be paid from March 10, 2017 onwards, without remuneration or monetary adjustment.
Holders of common shares issued by Ultrapar as of the record dates informed below will receive the dividend of R$ 0.87 per share.
The record date to establish the right to receive the dividend will be March 1st, 2017 in Brazil, and March 6, 2017 in the United States of America. Therefore, from March 2, 2017 onwards, the shares will be traded "ex-dividend" on both the São Paulo Stock Exchange (BM&FBOVESPA) and the New York Stock Exchange (NYSE).
São Paulo, February 22, 2017.
André Pires de Oliveira Dias
Chief Financial and Investor Relations Officer
ULTRAPAR PARTICIPAÇÕES S.A.
Ultrapar Participações SA published this content on 22 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 March 2017 14:17:16 UTC.
Original documenthttp://ri.ultra.com.br/Show.aspx?IdMateria=3HqCv+4FgzwP8VAqXWGkWw==&IdCanal=IyDM6njHHD86aUWDXobgJQ==&linguagem=en
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Ultrapar Participações S.A. specializes in gas distribution. Net sales (including intragroup)break down by activity as follows:
- distribution of fuels and lubricants (81.4%; Ipiranga): activity ensured, at the end of 2020, through a network of 7,090 service stations in Brazil;
- distribution of liquefied petrol gas (9.1%; Ultragaz);
- manufacturing of chemical products (6.4%; Oxiteno): ethylene oxide, alcohols fat, products of specialties, etc.;
- distribution of pharmaceutical products (2.4% ; Extrafarma);
- logistics services (0.6%; Ultracargo): especially transport and storage services;
- other (0.1%).
Brazil accounts for 97.7% of net sales.