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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____
COMPANHIA PARANAENSE DE ENERGIA – COPEL
Corporate Taxpayer’s ID (CNPJ/MF): 76.483.817/0001-20
Publicly Held Company
CVM Registration no. 1431-1
SEC (CUSIP) Registration 20441B407 – Preferred “B”
SEC (CUSIP) Registration 20441B308 – Common
LATIBEX Registration 29922 – Preferred “B”
NOTICE TO SHAREHOLDERS
Companhia Paranaense de Energia - COPEL hereby informs its shareholders that, at the 206th Ordinary Meeting held on September 16, 2020, the Board of Directors resolved:
| 1. | To pay, on September 30, 2020, the second installment of interest on equity for 2019, which was approved at COPEL’s 65th Annual Shareholders’ Meeting, held on April 28, 2020, as part of the allocation of net income for 2019, in two (2) installments, as per resolution of the Company’s 203th Ordinary Board of Directors’ Meeting, held on June 17, 2020. The first installment was paid on June 29, 2020. |
| IOE PAID | 1st INSTALLMENT | 2nd INSTALLMENT | |
| Payment date................................................................. | June 29, 2020 | September 30, 2020 | |
| Gross total amount | 643,000,000.00 | 321,500,000.00 | 321,500,000.00 |
| Amount per common share - ON | 2.24234788 | 1.12117394 | 1.12117394 |
| Amount per class “A” preferred shares - PNA | 3.94656966 | 1.97328483 | 1.97328483 |
| Amount per class “B” preferred shares - PNB | 2.46691920 | 1.23345960 | 1.23345960 |
| Taxation pursuant to Law 9,249/95 | 15.00% | 15.00% | 15.00% |
Note: The interest on equity paid in installments refers to the “Notice to Shareholders” released on December 5, 2019 and is payable to shareholders of record December 23, 2019. The shares were traded “ex-interest” as of December 26, 2019.
| 2. | To pay additional dividends to holders of class “A” preferred shares - PNA on September 30, 2020, related to the difference between the pre-tax and the post-tax IOE paid to the holders of these shares, which were imputed in the calculation of minimum priority dividends of class “A” preferred shares, between 2015 and 2019. |
| CLASS A PREFERRED SHARES’ COMPLEMENTARY DIVIDENDS | |
| Payment date...................................... | September 30, 2020 |
| Gross total amount | 781,331.33 |
| Amount per class “A” preferred shares - PNA | 2.39120595 |
| Taxation pursuant to Law 9,249/95 | 0.00% |
| Shareholding position | September 21, 2020 |
| Ex-dividends date | September 22, 2020 |
The payments will be made to the checking account informed by the shareholders in their registration data. Therefore, they must make sure their bank details registered with their brokerage companies are up to date. Shareholders whose shares are held in custody by Copel must send their up-to-date bank details to acionistas@copel.com
For additional clarification, please contact the Shareholder and Custody Department at acionistas@copel.com, or the international depositary bank BNY Mellon at cassandra.miranda@bnymellon.com
Curitiba, September 16, 2020
Adriano Rudek de Moura
Chief Financial and Investor Relations Officer
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COMPANHIA PARANAENSE DE ENERGIA – COPEL | ||
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By: |
/S/ Daniel Pimentel Slaviero
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Daniel Pimentel Slaviero Chief Executive Officer |
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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.
