LPS Brasil - Consultoria de Imoveis SA : Notice to the Market
March 25, 2013 at 07:16 pm IST
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LPS BRASIL - CONSULTORIA DE IMÓVEIS S.A.
Companhia Aberta
CNPJ/MF 08.078.847/0001-09
NIRE 35.300.331.494
NOTICE TO THE MARKET
São Paulo, March 22, 2013 - LPS Brasil (BM&FBOVESPA: LPSB3), provider of integrated real estate brokerage, consulting and financing services, in line with best practices of corporate governance and disclosure of information, hereby informs the proposal of the Board of Directors for the destination of 2012 Net Income.
The Board of Directors of the Company will submit to the Ordinary and Extraordinary Shareholders' Meeting to be held on April 22, 2013, the distribution of R$ 35,488,000 (third five million, four hundred and eighty eight Reais) in dividends and interest on own capital. This amount represents 30% of 2012 Net Income, therefore, an extra dividend of R$ 5,914,667 (five million, nine hundred and fourteen thousand six hundred sixty-seven Reais), in addition to the minimum mandatory dividend.
For more information, please contact our investor relations team.
LPS Brasil - Consultoria de Imoveis SA (LPS Brasil) is a Brazil-based company engaged in the provision of real estate services. The Companyâs main activities include intermediation services in purchase and sale of real estate properties, real estate consultancy and technical advice. The Company is also involved in the operation and promotion of financial products and services in the real estate market. LPS Brasil divides its business into three sectors: Primary Market, engaged in the sale of new properties; Secondary Market, active in the resale of real estate, and Financing Promotion, involved in the promotion and provision of financial products and services related to the real estate brokerage. As of December 31, 2011, its subsidiaries included LPS Minas Gerais Consultoria de Imoveis Ltda, LPS Eduardo, EBC - Solucoes Imobiliarias Ltda, Habitcasa Consultoria de Imoveis Ltda, and Pronto Erwin Maack Consultoria de Imoveis SA, among others.