SECURITIES AND EXCHANGE COMMISSION
06029-900 - Osasco - SP
Federative Republic of 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.
Yes _______ No ___X____.
Publicly-Held Company
Corporate Taxpayer’s ID No.
60.746.948/0001-12
Osasco, SP, April 18, 2017
Notice to Shareholders
Banco Bradesco S.A. hereby informs its shareholders and the market the approval, by the Central Bank of Brazil, on this date, of the capital stock increase process in the amount of R$8,000,000,000.00, increasing it from R$51,100,000,000.00 to R$59,100,000,000.00, with 10% (ten percent) bonus stock (1 new share for each 10 shares of the same type held), as resolved in the Special Shareholders’ Meeting held on March 10, 2017, informing that:
| 1) | the shareholders registered in the Bank’s books on April 28, 2017 will be benefited. As of May 2, 2017, the shares will be traded ex-bonus; |
| 2) | the bonus shares will be included in the shareholders’ position on May 4, 2017, and they will be available on May 5, 2017; |
| 3) | monthly interest on shareholders’ equity will be maintained at R$0.017249826 per common share and R$0.018974809 per preferred share (gross), and the payment will be made by the net amount of R$0.014662352 per common share and R$0.016128588 per preferred share, net of withholding income tax of 15% (fifteen percent). They will continue to be paid in conformity with the System for Payment of Dividends/Monthly Interest on Shareholders’ Equity. Withholding income tax does not apply to legal entities that are exempt from such taxation; |
| 4) | considering the bonus shares, there will be an increase of 10% (ten percent) over the amounts paid monthly referring to the interest on shareholders’. |
By appropriate, it also informs that:
| the unit value of the bonus shares is R$14.405066098, pursuant to the provisions in Article 10 of Law No. 9,249, of December 26, 1995 (amended by Law No. 12,973, of May 13, 2014), and in Paragraph One of Article 58 of Brazilian Federal Revenue Service Normative Instruction No. 1,585, of August 31, 2015, which will be included in the “Statement of Book-Entry Shares for the 2018 Income Statement, referring to the 2017 Calendar Year”; | ||
| for the shareholders who want to transfer fractions of shares resulting from the bonus stock, it is established the period from May 5, 2017 to June 5, 2017, pursuant to the provisions of Paragraph Three of Article 169 of Law No. 6,404/76. After this period, eventual remaining fractions will be separated, grouped into whole numbers and sold at an Auction to be held on June 21, 2017, at BM&FBOVESPA S.A. – Bolsa de Valores, Mercadorias e Futuros (Securities, Commodities and Futures Exchange), and the respective amounts will be made available to shareholders entitled thereto on July 3, 2017, as follows: | ||
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a) |
to shareholders whose shares are deposited at the Company and that keep their register and banking data updated, by means of credit in the current accounts in a Financial Institution they indicate. Those who do not have such data updated must present themselves at a Bradesco Branch on their preference bearing their Individual Taxpayer’s ID, Identification Document and proof of residence (utility bill) for record updating and receiving the respective amounts to which they are entitled; and | |
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b) |
to shareholders whose shares are deposited at the BM&FBOVESPA S.A. – Bolsa de Valores, Mercadorias e Futuros (Securities, Commodities and Future Exchange), by means of Institutions and/or Brokerage Houses which keep their shareholding position in custody. | |
The shares composing the capital stock will have equal participation, as of April 28, 2017, in the monthly interest on shareholders’ equity and eventually complementary ones and/or dividends to be declared, as well as, fully, to any other advantages as of mentioned date.
Any clarification may be obtained on the Investor Relations Website -www.bradesco.com.br/ir or at the Bradesco’s Network Branches.
Banco Bradesco S.A.
Alexandre da Silva Glüher
Executive Vice President and
Investor Relations Officer
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BANCO BRADESCO S.A. | ||
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By: |
/S/ Luiz Carlos Angelotti
| |
| Luiz Carlos Angelotti Executive Managing Officer and Investor Relations Officer | ||
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.