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____.
CPFL ENERGIA S.A.
Publicly-held Company
Corporate Taxpayer’s ID (CNPJ) No. 02.429.144/0001-93 –
Corporate Registry ID (NIRE) 353.001.861-33
NOTICE TO SHAREHOLDERS
CPFL Energia S.A. (“Company”) (NYSE: CPL, B3: CPFE3) hereby informs its shareholders and the market that at the Annual General Shareholders’ Meeting (AGM), held on April 30, 2019, at 10:00 a.m., among other matters, it was declared the distribution and it was approved the payment of dividends by the Company, in the amount of R$ 488,784,574.40 (four hundred and eighty-eight million, seven hundred and eighty-four thousand, five hundred and seventy-four reais and forty centavos) , equivalent to R$ 0.480182232 per common share issued by the Company.
Pursuant to paragraph 3 of article 205 of Law No. 6,404/76, the payment of dividends will be made in one single installment, until December 31, 2019 , in a specific date to be informed in due course to the shareholders and to the market, without monetary update or incurring interest between the declaration date and the effective payment date.
Shareholders owning shares on April 30, 2019 will be entitled to receive the dividends. Shares will be traded “ ex-dividend ” at the Brazilian Stock Exchange ( B3 S.A. – Brasil, Bolsa, Balcão , or “B3”) and at the New York Stock Exchange (NYSE) as of May 2, 2019.
For the shareholders holding shares deposited with Banco do Brasil, the financial institution responsible for the Company’s bookkeeping of shares, the amounts will be credited through their bank accounts, according to the shareholders registration details on the registry of Banco do Brasil.
The payments related to shares deposited with B3’s depositary will be credited to such entity and the Custodian Institutions will be responsible for transferring them to the respective shareholders.
Payments related to the ADRs will be made through Citibank N.A. (the depositary bank for the Company’s ADRs).
Registration Update:
Shareholders are reminded of the importance of updating their registration data, so that the payment of dividends can be effected. Find below the necessary procedures for those included in this case:
ü Shareholders with shares deposited with Banco do Brasil : these shareholders should go to a branch of such bank, in order to update the registration, to sign the receipt option term ( “termo de opção de recebimento” ), which indicates the bank, the current account and the bank branch for depositing the credits, and will acknowledge the conditions of the type of credit involved (DOC/TED/CASH). They should also take to the bank the following original documents: ID card (RG), individual taxpayer’s ID (CPF) and proof of residence, income and bank account and, if applicable, the document evidencing the unblocking of shares;
ü Shareholders with shares deposited with CBLC : these shareholders should request their registration update directly from the custodial agent with whom they normally operate and also update their registration at Banco do Brasil.
Campinas, April 30, 2019.
CPFL Energia S.A.
Yuehui Pan
Chief Financial and Investor Relations Officer
CPFL ENERGIA S.A.
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/ YueHui Pan
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YueHui Pan
Chief Financial Officer and Head of Investor Relations |
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.