Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
March 25 2021 - 6:06AM
Edgar (US Regulatory)
United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the
Securities Exchange Act of 1934
For the month of
March 2021
Vale S.A.
Praia de Botafogo nº 186, 18º andar,
Botafogo
22250-145 Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
(Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.)
(Check
One) Form 20-F x Form 40-F ¨
(Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1))
(Check One) Yes ¨
No x
(Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7))
(Check
One) Yes ¨ No x
(Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.)
(Check
One) Yes ¨ No x
(If “Yes” is marked, indicate below the file number assigned
to the registrant in connection with Rule 12g3-2(b). 82-__.)
|
Press Release Vale pays semi-annual remuneration on its shareholders debentures Rio de Janeiro, March 24th, 2021 – Vale S.A. (Vale) informs that it will pay the semi-annual remuneration on its shareholders debentures (“debentures”) on March 31th, 2021, in the gross amount of R$ 2.762474802 per debenture, totaling R$ 1,073,384,601.47 to holders of debentures with a position registered in custody with B3 S.A - Brasil, Bolsa, Balcão (B3) and/or with Banco Bradesco S.A. (Bradesco), on the closing of March 30th, 2021. This amount includes the following payments: (i) the premium associated with iron ore products sales, R$ 1,048,637,358.24; (ii) the premium associated with copper concentrate product sales, R$ 24,621,243.23 and (iii) premium on sale of a mining right, R$ 126,000.00. The financial settlement will be on April 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. Luciano Siani Pires Executive Officer of Investor Relations Ever since the Covid-19 outbreak began, our highest priority is the health and safety of our employees. Our IR team adopted work-from-home, and as we continue to face these new circumstances, we strongly recommend you prioritize e-mail and online engagement. For further information, please contact: Vale.RI@vale.com Ivan Fadel: ivan.fadel@vale.com Andre Werner: andre.werner@vale.com Mariana Rocha: mariana.rocha@vale.com Samir Bassil: samir.bassil@vale.com This press release may include statements that present Vale’s expectations about future events or results. All statements, when based upon expectations about the future, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM) and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.
|
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
Vale S.A.
(Registrant)
|
|
|
|
By:
|
/s/ Ivan Fadel
|
Date: March 24, 2021
|
|
Head of Investor Relations
|
Vale (NYSE:VALE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Vale (NYSE:VALE)
Historical Stock Chart
From Sep 2023 to Sep 2024