Ecopetrol reports on the ordinary meetings of bondholders of domestic public debt
![Ecopetrol Logo. Ecopetrol Logo.](https://mma.prnewswire.com/media/95646/ecopetrol_s_a__logo.jpg)
The Representatives conducted the second call for bondholders' meetings with the purpose of submitting for consideration the statutory amendment approved by
For the 2013 bond issuance, Itaú
Matter Submitted for Consideration of the Meeting of Holders of the 2013 Issue |
Votes in favor |
Votes against |
Abstention |
Approval of the agenda |
98.57 % |
0.00 % |
1.43 % |
Appointment of the Chairman and Secretary of the Ecopetrol Bondholders' Meeting |
92.21 % |
0.00 % |
7.79 % |
Appointment of the Committee for the approval and signature of the minutes of the Ecopetrol Bondholders' Meeting. |
86.39 % |
0.00 % |
13.61 % |
Approval of the amendment of |
92.21 % |
0.00 % |
7.79 % |
For the 2010 issue,
Matter Submitted for Consideration of the Meeting of Holders of the 2010 Issue |
Votes in favor |
Votes against |
Abstention |
Approval of the agenda |
97.44 % |
0.00 % |
2.56 % |
Appointment of the Chairman and Secretary of the Ecopetrol Bondholders' Meeting |
91.26 % |
0.00 % |
8.74 % |
Appointment of the Committee for the approval and signature of the minutes of the Ecopetrol Bondholders' Meeting. |
76.81 % |
0.00 % |
23.19 % |
Approval of the amendment of |
51.69 % |
0.00 % |
48.31 % |
Considering the foregoing, the bondholders of the local issues made in 2010 and 2013 approved the statutory amendment with a majority of 63.51% and 54.50%, respectively, over the total outstanding principal amounts, in compliance with the provisions of Article 6.4.1.1.1. 22 of Decree 2555 of 2010. Such article establishes that (i) the vote of the majority of the bondholders present at the meeting; and (ii) the vote of at least forty percent (40%) of the outstanding principal amount of the bonds, are needed to decide in the second call meeting.
The following link includes a transcription of the amendment to the corporate purpose set forth in Article 4 of the Bylaws, which was approved by the Shareholders of
This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the
For more information, please contact:
Head of Capital Markets
Carolina Tovar Aragón
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Email: marcela.ulloa@ecopetrol.com.co
View original content:https://www.prnewswire.com/news-releases/ecopetrol-reports-on-the-ordinary-meetings-of-bondholders-of-domestic-public-debt-302165120.html
SOURCE