Vale pays semi-annual remuneration on its shareholders debentures
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Vale pays semi-annual remuneration on its shareholders debentures
Vale informs that it will pay the semi-annual remuneration on its shareholders debentures on September 30th, 2021, in the gross amount of R$ 3.201633595 per debenture, totaling R$ 1,244,023,727.47 to holders of debentures with a position registered in custody with B3 S.A. - Brasil, Bolsa, Balcão and/or with Banco Bradesco S.A., on the closing of September 29th, 2021.
This amount includes the following payments: (i) the premium associated with iron ore products sales, R$ 1,220,944,896.71; (ii) the premium associated with copper concentrate product sales, R$23,078,830.76.
The financial settlement will be on October 1st, 2021, through B3 for the debentures held in custody at B3 and through Bradesco for the debentures held in custody at this bank.
Withholding income tax will be charged on the amount paid to holders of the debentures, at the rate applicable to fixed income from financial investments. The tax rate will vary according to each investor’s individual situation, with exemption exclusively for those who can provide unequivocal, legal proof of their tax exempt status.
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