Banco do Estado do Rio Grande do Sul : Material Fact - Complementary Dividends for the Fiscal Year of 2018
April 25, 2019 at 05:38 pm EDT
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MATERIAL FACT
COMPLEMENTARY DIVIDENDS FOR THE FISCAL YEAR OF 2018
We inform shareholders that at the General Shareholders' Meeting, held on April 25, 2019, it was approved the distribution of complementary dividends for the fiscal year of 2018 in the amount of R$13,819,855.87 (thirteen million, eight hundred and nineteen thousand, eight hundred and fifty five reais and eighty seven cents), in accordance with the Dividend and Interest on Equity Quarterly Payment Policy. The dividend will amount to R$0.03378009 per ON share, R$0.03715810 per PNA share and R$0.03378009 for PNB share.
Approved conditions:
shareholders registered in the Company's records on April 30, 2019 will be benefited, and shares will trade 'ex-right' as of May 02, 2019; and
In accordance with current legislation, dividends are exempt from Income Tax. The payment to the shareholders will take place on May 30, 2019, as follows:
credited to the accounts of shareholders holding accounts in Banrisul, subject to the updating of their register, if applicable. For the remaining shareholders, the payment will be made at any branch of Banrisul, upon shareholder's identification, or
holders of shares in custody at B3 S.A. - Brasil, Bolsa, Balcão will receive the payment of interest on equity through the brokerage firm where they maintain the respective deposit.
As stated in article 79 of the Company's Bylaws, in article 9 of Law No. 9249/95 and in item V of the Instruction No. 209/96 of the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários - CVM), the net amount of Interest on Equity will be credited to the dividend referring to fiscal year 2018. Pursuant to the article 287 of Law No. 6404, unclaimed interest on equity payments expires within three years from the date they were made available to the shareholder.
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Porto Alegre, April 25, 2019.
Regards,
Júlio Francisco Gregory Brunet
Chief Planning, Service Channels and Investor Relations Officer
Phone: +55 (51) 3215-3232
E-mail: ir@banrisul-ri.com.br
Web site: www.banrisul.com.br/ir
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BANRISUL - Banco do Estado do Rio Grande do Sul SA published this content on 25 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 April 2019 21:37:06 UTC
Banco do Estado do Rio Grande do Sul SA (Banrisul) is a Brazil-based commercial bank that provides personal and corporate banking services. Banrisul offers a range of financial products and services, such as personal and real estate loans, debit and credit cards, securities brokerage, portfolio management, car and equipment leasing, investment services, international trade support, life and property insurances, among others.