QGEP announces annual profit distribution of R$0.15 per share

The Company discloses its dividend policy and a change in its Disclosure and Negotiation Policy

QGEP Participações S.A. (BMF&Bovespa: QGEP3, "Company", "QGEP") announced that its Board of Directors today approved a Dividend Policy, which suggests management’s proposal for submittal to the General Shareholders’ Meeting of an annual payment of a dividend of R$0.15 per share.

"This Dividend Policy demonstrates our commitment to creating long-term value for shareholders and reflects our confidence in the quality of QGEP’s assets and the strength of our balance sheet," said Lincoln Guardado, CEO of QGEP.

As production and cash flow grow in the coming years, the Company may consider revising the annual dividend to ensure holders share fully in the benefits of its progress.

The full Dividend Policy is available on the Company’s Investor Relations (IR) website (www.qgep.com.br/ri) and filed with Comissão de Valores Mobiliários (CVM) (www.cvm.gov.br).

The board’s proposal for the dividend distribution will be submitted for approval at the Annual Shareholders Meeting, to be held in the Company’s headquarters on April 17, 2015, with payment up to May 05, 2015, to shareholders as of April 17, 2015.

The Company’s Board of Directors also approved a change in its Disclosure and Negotiation Policy, allowing the Company to disclose Acts and Material Events via an online news portal, in accordance with CVM Instruction nº 547. From this date onwards, the company will disclose its acts on the news portal www.valor.com.br/valor-ri, as well as in the Company’s IR website and through electronic filings with the CVM.

Click here to access the Material Fact.

Click here to access the Dividend Policy.

Updated in  2015-04-14T10:45:19
All the dates of this page are presented in official timezone of Brasilia - Brazil.


Delete this document from the cart
Clear List Download Files