Petrobras announces payment of interest on own capital
Petrobras announces it will pay on April 25th, 2014 the 1st and only installment of remuneration to shareholders related to the fiscal year 2013. The payment will be made as Interest on Own Capital (IOC), based on the shareholding position of April 2 nd, 2014.
The amount of the installment to be paid will be adjusted by the SELIC interest rate from December, 31st, 2013 to April 25th, 2014, reaching the amount of R$ 0.53808 for common shares (PBR) and R$ 0.99757 for preferred shares (PBR.A). The tables below present the SELIC interest rate adjustment calculation.
Common Shares (PBR)—————————–IOC
Amount in Reais per Common Share (ON)———R$ 0,52170
Selic Rate Adjustment———————— R$ 0,01638
Total Amount———————————– R$ 0,53808
Preferred Shares (PBR.A)————————IOC
Amount in Reais per Non-voting Share (PN)—R$ 0,96720
Selic Rate Adjustment———————–R$ 0,03037
Total Amount———————————– R$ 0,99757
A 15% income tax will be levied on the amounts of R$ 0,52170 per common share (ON) and R$ 0,96720 per non-voting share (PN) and a 22,5% income tax will be levied on the amounts of R$ 0,01638 per common share (ON) and R$ 0,03037 per non-voting share (PN), corresponding to the SELIC interest rate adjustment. The Income Tax withholdings mentioned above will NOT apply to immune and exempt shareholders.
1. CREDIT INSTRUCTIONS
Payment will be made by Banco do Brasil S.A., institution depositary of book-entry shares.
Shareholders who have a bank account at Banco do Brasil S.A., or at other banks, whose registration is properly filled out, will receive an automatic credit in their bank account on the date of payment.
For shareholders whose registration does not contain the “Bank/Branch/Checking Account” inscription, rights will only be credited on the date in which registration is updated in the electronic files of Banco do Brasil S.A., through its branches.
For shares deposited in the Fungible Custody of Stock Markets, payment will be credited in the respective Stock Markets and will be transferred to shareholders by deposit brokers.
Shareholders who have a share-warrant to bearer may go to any Banco do Brasil S.A. branch with their Individual Taxpayer Identification Number (CPF), Identity Card, proof of residence and certificates with the respective coupons in order to convert shares to book entry form for subsequent yield payment. Bank account information for crediting amounts into a checking account may be provided at this time.
For the American Depositary Receipts (ADRs) negotiated at the New York Stock Exchange – NYSE, payment will be made by BNY Mellon, depositary bank of ADRs. The expected date of payment of the ADRs is May 2nd, 2014. Information and clarifications may be obtained at www.adrinform.com.
2. ASSISTANCE LOCATIONS
Additional information may be obtained by calling the Banco do Brasil Customer Hotline at +55 21 4004-0001 (Capitals and metropolitan areas) and 0800-7290001 (other Brazilian locations) or by visiting any Banco do Brasil S.A. branch, as well as at the Petrobras head office located at Av. República do Chile, 65 – 1002-B – Rio de Janeiro/RJ or by calling +55 21 3224-1510.
The Interest on Own Capital not claimed within 3 (three) years as of the date of payment (04/25/2014) will expire and will be reverted in favor of the company (Law 6404/76, Article 287, Item II, subitem a).