Cementos Pacasmayo S.A.A. Announces Its Annual Shareholders’ Meeting Agenda
LIMA, Peru–(BUSINESS WIRE)–Cementos Pacasmayo S.A.A. (NYSE: CPAC; BVL: CPACASC1) (“Cementos
Pacasmayo” or the “Company”) in accordance with CONASEV Resolution for
Material Events, Reserved Information and Other Communications N°
107-2002-EF/94.10, announces the following:
The Company’s Board of Directors, in its session held on February 12,
2018, agreed unanimously to call an Annual Shareholders’ Meeting, to be
held at Calle La Colonia No 150, Urb. El Vivero, Surco. The first call
will take place at 10:00 am (Peruvian time) on March 27, 2018, while the
second call will be at 10:00 am (Peruvian time) on April 2, to discuss
the following agenda:
| 1. |
Approval of the Financial Statements as of December 31, 2017, as |
| 2. |
The Annual Report, including the Corporate Governance and |
| 3. |
Propose to the Annual Shareholders Meeting the designation of Paredes, Burga & Asociados Soc. Civil de Responsabilidad Limitada (member firm of EY) as external auditors for the 2018-2022 period. |
|
As it was informed, the Company’s Board, in its meeting on October 26, 2017, unanimously approved the proposal sent by the Audit Committee as a result of an extensive internal evaluation process in which the 4 largest and most internationally renowned audit firms were invited to participate. The evaluation considered, among other aspects, the economic proposals presented, the global and local support structure, the level of compliance, experience, policies and processes of quality control, as well as the capacity, availability and technical knowledge to provide the service. |
|
|
According to our Manual of Policies and Procedures for Contracting |
|
| 4. |
Propose to the Annual Shareholders Meeting the ratification of the distribution of dividends in the amount of S/ 162,451,570.05 at a rate of S/ 0.35 per common or investment share, charged to the accumulated results of 2014, of which a total of S/ 10,623,825.30 correspond to investment shares acquired by the Company (shares in treasury), so that the amount of the dividend corresponding to third parties was S/ 152,045,935.30. |
| 5. |
Propose to the Annual Compulsory Shareholders' Meeting to apply the profits for the year 2017 to the "Accumulated Results" account and delegate to the Board the powers for the payment of dividends charged to the "Accumulated Results" account for the fiscal year 2017. |
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About Cementos Pacasmayo S.A.A.
Cementos Pacasmayo S.A.A. is a Peruvian cement company located in the
Northern region of Peru. In February 2012, the Company’s shares were
listed on The New York Stock Exchange – Euronext under the ticker symbol
"CPAC". With more than 60 years of operating history, the Company
produces, distributes and sells cement and cement-related materials,
such as concrete blocks and ready-mix concrete. Cementos Pacasmayo’s
products are primarily used in construction, which has been one of the
fastest-growing segments of the Peruvian economy in recent years. The
Company also produces and sells quicklime for use in mining operations.
For more information, please visit: http://www.cementospacasmayo.com.pe/investors/
Note on Forward-Looking Statements
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. Also, certain reclassifications have been made to make figures
comparable for the periods. 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.
Contacts
For more information please visit www.cementospacasmayo.com.pe/investors/
or
In
Lima:
Cementos Pacasmayo S.A.A.
Manuel Ferreyros, CFO
Claudia
Bustamante
Investor Relations
511‐317‐6000 ext. 2165
[email protected]
or
In
New York:
InspIR Group
Barbara Cano, 646-452-2334
[email protected]
