Pursuant to Rule 13a-16 or 15d-16 of the
Barra da Tijuca - Rio de Janeiro, RJ, 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.
TIM PARTICIPAÇÕES S.A.
Corporate Taxpayer’s ID (CNPJ / MF) 02.558.115/0001-21
Corporate Registry (NIRE) 33.300.276.963
NOTICE TO SHAREHOLDERS
PAYMENT OF INTEREST ON SHAREHOLDERS’ EQUITY
TIM Participações S.A. ("Company") (B3: TIMP3; NYSE: TSU), informs that it will pay on August 10, 2018, Interest on Shareholders’ Equity in the total amount of R$ 230,000,000.00 (two hundred and thirty million reais), as approved by Board of Directors Meeting held on May 8, 2018.
The Company notes that the date for identification of shareholders entitled to receive such amounts was established as May 11, 2018, and the shares acquired after this date are ex-Interest on Shareholders’ Equity rights.
1 – DIVIDENDS PER SHARES:
Gross Value per share |
Total amount |
|
Dividends |
R$ 0.095040657 |
R$ 230,000,000.00 |
The amount per share was not modified as a result of the disposal of treasury shares to attend the Company's Long-Term Incentive Plan (Stock Options).
2 – WITHHOLDING TAX:
2.1. 15% of the Income Tax will be retained (Withholding Income Tax), for the occasion of the credit of Interest on Shareholders' Equity, except for shareholders who have differentiated taxation or who are exempt from taxation.
3 - FORMS OF PAYMENT (BOOK-ENTRY SHARES):
3.1. The Interest on Shareholders' Equity related to shares custody by CBLC (Companhia Brasileira de Liquidação e Custódia) will be paid by B3 S.A. - Brasil, Bolsa, Balcão, which will transfer to the shareholders through custody agents;
3.2. Checking account indicated by the shareholder at Banco Bradesco S/A;
3.3. Payment of Interest on Shareholders' Equity by Banco Bradesco S/A branches, in the case of shareholders who do not meet the aforementioned conditions; and
3.4. Additional information may be obtained at any branches of Banco Bradesco S/A. or through the e-mail address dac.escrituracao@bradesco.com.br.
Rio de Janeiro, August 09, 2018.
TIM Participações S.A.
Adrian Calaza
Chief Financial Officer and
Investor Relations Officer
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| TIM PARTICIPAÇÕES S.A. | |||
| Date: August 9, 2018 | By: | /s/ Adrian Calaza | |
| Name: Adrian Calaza | |||
| Title: Chief Financial Officer and Investor Relations Officer TIM Participações S.A. |
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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 offuture 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 a ctually 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.