SECURITIES AND EXCHANGE COMMISSION
06029-900 - Osasco - SP
Federative Republic of Brazil
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____.
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Publicly Held Company |
Notice to Shareholders
Banco Bradesco S.A. informs its shareholders and the market in general that, according to the Material Fact disclosed on December 7, 2017, the members of the Board of Directors resolved to approve the proposal submitted by the Board of Executive Officers for the payment, to the Company’s shareholders, of additional interest on shareholders’ equity in the amount of R$4,820,000,000.00, being R$0.754464633 per common shares and R$0.829911096 per preferred share. Shall be benefited the shareholders registered in the Company’s books on this date (declaration date), so that the Company’s shares will be traded “ex-right” on complementary interest from December 26, 2017.
The payment will be made on March 8, 2018 in the net amount of R$0.641294938 per common share and R$0.705424432 per preferred share, already net of Withholding Income Tax of 15% (fifteen percent), except for corporate shareholders who are exempt from the referred tax, which shall receive by the declared amount.
The additional interest approved herein, net of withholding income tax, represent, approximately, 44 times the amount of the interest on shareholders’ equity paid monthly and will be computed in the calculation of mandatory dividends of the fiscal year, as provided in the bylaws.
The interest related to the shares in custody of B3 S.A. – Brasil, Bolsa, Balcão will be paid to to the titleholders of the shares by means of the custody agents.
The table below shows the amounts paid and payable related to 2017:
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Amounts Paid |
R$ |
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Monthly interest on shareholders’ equity related to the months of January to November |
1,172,142,950.23 |
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Interim interest on shareholders’ equity declared on June 30, 2017 and paid on July 17, 2017 |
1,102,000,000.00 |
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Subtotal Amounts Paid (*) |
2,274,142,950,23 |
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Payable Amounts |
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Monthly interest on shareholders’ equity related to the month of December, payable on January 2, 2018 |
110,201,318.37 |
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Additional interest on shareholders’ equity payable on March 8, 2018 |
4,820,000,000.00 |
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Subtotal Payable Amounts |
4,930,201,318.37 |
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Total |
7,204,344,268.60 |
(*) includes the bonus approved by the Special Shareholders’ Meeting of March 10, 2017.
Per share in R$
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Type |
Monthly interest on shareholders’ equity accrued in the year |
Interim interest on shareholders’ equity of the first semester
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Additional interest |
Total |
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Common |
0.206997912 |
0.172493781 |
0.754464633 |
1.133956326 |
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Preferred |
0.227697708 |
0.189743160 |
0.829911096 |
1.247351964 |
The Company may, based on the result at the end of fiscal year 2017, distribute new interest and/or dividends to shareholders.
Cidade de Deus, Osasco, SP, December 22, 2017
Sincerely,
Banco Bradesco S.A.
Alexandre da Silva Glüher
Executive Vice President,
Chief Executive Officer (CRO) and
Investor Relations Officer
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BANCO BRADESCO S.A. | ||
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By: |
/S/ Alexandre da Silva Glüher
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Alexandre da Silva Glüher | ||
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.