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Cementos Pacasmayo S.A.A. Announces Annual Dividend Payment

Stocks in this article: CPAC

Cementos Pacasmayo S.A.A. (NYSE: CPAC; BVL: CPACASC1) (“the Company” or “Cementos Pacasmayo”) announced today that at a Board meeting held on October 17, 2012, the Company's Board of Directors approved a cash dividend of S/. 0.0893525134 per common and investment share, which represents a total of S/. 52,000,000 related to net income as of December 31, 2011, in accordance with what was authorized at the Board of Directors meeting held on March 20, 2012. This dividend represents 14.51% of the Company’s 2011 accumulated profit. Considering that each ADS represents five common shares, the cash dividend equivalent per ADS is S/. 0.4467625673.

The dividend will paid as follows:

COMMON SHARES: CPACASC1
Outstanding common shares: 531,461,479
Dividend per common share: S/. 0.08935251
Each ADS represents five common shares
 
INVESTMENT SHARES: CPACASI1
Outstanding Investment shares: 50,503,124
Dividend per common share: S/. 0.08935251
 
Ex-dividend Date: November 8, 2012
Record Date: November 13, 2012
Payment Date: November, 27, 2012
 

The ex-dividend date (November 8, 2012), record date (November 13, 2012) and payment date (November 27, 2012) are the same for common and investment shares traded on the Lima Stock Exchange as well as the ADS traded on the New York Stock Exchange.

Note:

1. Ex-dividend date: Shareholders who own the shares by the ex-dividend date are entitled to the dividend.

2. Record date: Date of registration within the Company´s stockholder registry for shareholders as of the ex-dividend date

About Cementos Pacasmayo S.A.A.

Cementos Pacasmayo S.A.A. is a leading Peruvian cement company, and the only cement manufacturer 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 54 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.

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