Companhia de Saneamento de Minas Gerais : Notice to the Market - Shareholders Remuneration 3Q23
September 15, 2023 at 04:50 pm EDT
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COMPANHIA DE SANEAMENTO DE MINAS GERAIS COPASA MG
PUBLICLY-HELD COMPANY
COMPANY REGISTRY (NIRE): 313.000.363-75
CORPORATE TAXPAYER'S ID (CNPJ): 17.281.106/0001-03
NOTICE TO THE MARKET
SHAREHOLDERS REMUNERATION
Companhia de Saneamento de Minas Gerais COPASA MG hereby announces to its shareholders that the Board of Directors, at a meeting held on September 15th, 2023, approved the declaration of Interest on Equity (IoE) referring to the Third Quarter of 2023 (3Q23), as detailed below:
1. 3Q23 IoE:
Gross amount: BRL 127,431,629.05 (one hundred and twenty-seven million, four hundred and thirty-one thousand, six hundred and twenty-nine reais and five cents).
Gross amount per share: BRL 0.3360703320 per share. The Withholding Income Tax will be deducted from the amounts above, pursuant to the applicable legislation, which will be paid net of said tax, except for those shareholders who are provenly immune or exempt from it.
Credit Date (Cutting Date): September 21st, 2023.
Ex-IoEDate: September 22nd, 2023.
Payment Date: November 14th, 2023.
Reference: 3Q23, and it will be considered as the mandatory dividend amount for the year 2023.
2. Further information: Companhia de Saneamento de Minas Gerais - COPASA MG. Rua Mar de Espanha, 525, Bairro Santo Antônio, CEP 30330-900. Belo Horizonte - MG, phone: +55 31 3250-2015,e-mail:ir@copasa.com.br.
Belo Horizonte, September 15th, 2023.
Carlos Augusto Botrel Berto
Chief Financial and Investor Relations Officer
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COPASA MG - Companhia de Saneamento de Minas Gerais published this content on 15 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2023 20:49:03 UTC.
Companhia de Saneamento de Minas Gerais Copasa MG, formerly Companhia Mineira de Agua e Esgoto - Comag, is a Brazil-based company engaged in the water supply and sanitation services. The Company's activities are divided into three business segments: Water services, Sewage services and Sale of products. The Water services division focuses on managing water supply system and distributing water through mains in the state of Minas Gerais, Brazil. The Sewage services division is responsible for the collection, treatment and disposal of waste water. The Sale of products division includes producing, bottling, distributing and selling mineral water. In addition, the Company renders construction, improvement and repair services in the water utilities infrastructure. It operates through a number of subsidiaries, such as Copasa Servicos de Saneamento Integrado do Norte e Nordeste de Minas Gerais SA, Copasa Servicos de Irrigacao SA and Copasa Aguas Minerais de Minas SA.