Cementos Pacasmayo S.A.A. Announces Resolutions Adopted at the Annual Shareholders’ Meeting

LIMA, Peru--()--Cementos Pacasmayo S.A.A. (NYSE:CPAC; BVL:CPACASC1) (“Cementos Pacasmayo” or the “Company”) a Peruvian cement company, announced today that the Annual Shareholders’ Meeting held on March 25, 2014 at 10:00 am (Peruvian time), approved by majority vote the following:

 
1.

Annual Report, Audited Individual and Consolidated Financial Statements and External Auditor’s Report for the fiscal year ended December 31, 2013

 

 
2.

Designation of Medina, Zaldívar, Paredes y Asociados, members of Ernst & Young Global, as the Company’s external auditors for fiscal year 2014

 

 
3.

Ratification of the distribution of dividends adopted by the Board during fiscal year 2013

 
4.

Application of fiscal year 2013 results of operations to retained earnings, net of any legal reserve requirements, and delegation to the

Board of Directors of the authority to decide the distribution of dividends during 2014 on account of retained earnings and fiscal year

2014 results of operations

 
5. Determine that the Board of Directors be formed by nine members, designating the following:
 
ARELLANO CUEVA, ROLANDO ANTONIO Director
DAÑINO ZAPATA, ROBERTO ENRIQUE Director
HOCHSCHILD BEECK, EDUARDO Director
MORALES DASSO, JOSE RAIMUNDO Director
NADAL DEL CARPIO, HUMBERTO REYNALDO Director
NAIM, MOISES Director
OCHOA-BRILLEMBOURG , HILDA Director
ORTIZ DE ZEVALLOS MADUEÑO, FELIPE ARTURO Director
ROMERO PAOLETTI, DIONISIO Director

BREDTHAUER BACKHOFF, ROBERT PATRICK

Alternate Director

FERREYROS PEÑA, MANUEL BARTOLOME MARTIN

Alternate Director

INCHAUSTEGUI VARGAS, JUAN VICTORIANO

Alternate Director

 

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 55 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/
In Lima:
Investor Relations Cementos Pacasmayo
Manuel Ferreyros, CFO
Claudia Bustamante, 511-317-6000 ext. 2165
cbustamante@cpsaa.com.pe
or
In New York:
i‐advize Corporate Communications, Inc.
Rafael Borja / Melanie Carpenter, 212-406-3693
cementospacasmayo@i-advize.com

Sharing

Contacts

For more information please visit www.cementospacasmayo.com.pe/investors/
In Lima:
Investor Relations Cementos Pacasmayo
Manuel Ferreyros, CFO
Claudia Bustamante, 511-317-6000 ext. 2165
cbustamante@cpsaa.com.pe
or
In New York:
i‐advize Corporate Communications, Inc.
Rafael Borja / Melanie Carpenter, 212-406-3693
cementospacasmayo@i-advize.com