SAO PAULO, March 24, 2016 /PRNewswire/ -- Companhia de
Saneamento Basico do Estado de Sao
Paulo - SABESP (BM&FBovespa: SBSP3; NYSE: SBS), informs
that the Board of Directors decided on the payment of dividends in
the form of interest on own capital related to the period from
January to December 2015, to the
Shareholders registered as such on April
5th, 2016.
The dividends as interest on own capital, totaling R$ 149,893,714.27 corresponding to R$ 0.2193 per common share, will be paid no later
than 60 days after the 2016 Annual Shareholders' Meeting.
Income tax shall be withheld from payment of dividends as
interest on own capital, pursuant to the laws in force, except for
the immune or exempt shareholders proving such condition until
April 27th, 2016, and
corresponding documents shall be sent to the Company's
headquarters.
Referring to the entities of Supplementary Private Pension,
Insurance Companies and Fapi, such proof shall occur by means of
Declaration.
The aforementioned interest on own capital will be computed in
the calculation of the mandatory minimum dividends, as provided for
in the caput of Article 28 of the Company's Bylaws, pursuant
to article 9, paragraph 7, of Law 9,249/95.
The shareholders will have their credits available on the
initial date of payment of such right, as set forth in above item
I, in accordance with their checking account and domicile provided
to Itau Unibanco S.A.
To shareholders whose registry information does neither include
their Individual/Corporate Taxpayer's Identification Number
(CPF/CNPJ) nor completion of banking instructions (bank, branch and
account number), the interest will be credited, pursuant to item I
above, as of the third business day counted from the date of
registry update in Itau Unibanco S.A.'s electronic files. This
update may be carried out at any of its branches.
The shares will trade ex-interest as of April 6th, 2016.
Further information may be obtained at any of Itau Unibanco
S.A.'s branches, which are specialized in assisting shareholders,
during banking hours.
The complete version is available at the Company's website:
www.sabesp.com.br
For further information, please contact:
IR Contacts:
Mario Arruda Sampaio: (55 11)
3388-8664 (maasampaio@sabesp.com.br)
Angela Beatriz Airoldi: (55 11)
3388-8793 (abairoldi@sabesp.com.br)
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SOURCE SABESP