Companhia de Saneamento de Minas Gerais : Notice to the Market - Shareholders Remuneration
June 16, 2023 at 05:38 pm EDT
Share
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 June 16th, 2023, approved the declaration of Interest on Equity (IoE) referring to the Second Quarter of 2023 (2Q23), as detailed below:
1. 2Q23 IoE:
Gross amount: BRL 128,511,039.81 (one hundred and twenty-eight million, five hundred and eleven thousand, thirty-nine reais and eighty-one cents).
Gross amount per share: BRL 0.3389170187 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): June 21st, 2023.
Ex-IoEDate: June 22nd, 2023.
Payment Date: August 14th, 2023.
Reference: 2Q23, 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
COPASA MG - Companhia de Saneamento de Minas Gerais published this content on 16 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2023 21:37:03 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.