NOS SGPS S A : 19-06-20 - NOS informs on calendar for dividend payment
June 19, 2020 at 12:02 pm EDT
Share
NOS, SGPS, S.A.
Public Company
Registered Office: Rua Actor António Silva 9 Campo Grande 1600-404 Lisbon
Share Capital: 5,151,613.80 Euros
Registered in the Commercial Registry Office of Lisbon and Corporation no. 504 453 513
Announcement
Lisbon, 19 June 2020
In accordance with Portuguese legislation and pursuant to the resolution
19 June 2020, Shareholders are hereby informed that the
following dividends, concerning the application of 2019 earnings, will be paid on 03 July 2020, as follows:
Ordinary Gross Dividend
Euro 0.278
Withholding Tax IRS / IRC (28% / 25%)*
Euro 0.0778 / Euro 0.0695
Net Amount
Euro 0.2002 / Euro 0.2085
Payment of the aforementioned amounts, corresponding to shares registered in the Securities Clearing House, will be made through this entity, pursuant to the terms of article 53 of Interbolsa Regulation nr. 3/2000 and Circular no. 1/2000.
Additionally, we hereby inform the ex-rights date is 01 July 2020 (inclusive) and, therefore, as from that date, NOSshares will no longer be eligible to receive the aforementioned dividend payment.
The record date is 02 July 2020.
Shareholders who are entitled to tax exemption or not subject to tax withholding obligations regarding income taxation as well as those who are entitled to a reduction in the withholding tax rate, under the terms of article 97 and 98 of the Portuguese Corporate Income Tax Law, should provide proof of this fact to their financial institutions, up to the day on which dividend payments begin.
* The final withholding tax rate shall be of 35% if the dividends are paid or made available to: (i) accounts in the name of one or more accountholders, acting on behalf of unidentified third parties, unless the effective beneficiary of such dividends is disclosed, in which case the general rules are applicable; and (ii) nonresident entities without a permanent establishment in Portuguese territory, which are domiciled in a country, territory or region subject to a favourable tax regime, according to the list approved by Decree of the Ministry of Finance. Dividends paid to shareholders resident in Portugal and taxable for IRS (Portuguese Personal Income Tax) are subject to a final withholding tax rate of 28%, unless these shareholders elect to aggregate the dividends with their other taxable income, as long as it is not earned as business or professional income.
Nos SGPS SA published this content on 19 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 June 2020 16:01:05 UTC
NOS, SGPS, S.A. is a telecoms and entertainment group in Portugal. It offers latest generation fixed and mobile phone, television, Internet, voice and data solutions for all market segments. It is leader in Pay TV, new generation broad band services and in cinema distribution. In the business segment, it has positioned itself as a sustainable alternative in the Corporate and Mass Business segments, offering a broad portfolio of products and services with tailor made solutions for each sector and for businesses of different sizes, complementing its offer with ICT and Cloud services.
NOS, SGPS, S.A. 
