The Board of Directors of Estácio Participações S.A. approved a new Policy for Related Party Transactions to improve the company's corporate governance standards. The policy consolidates Estácio's existing criteria for related party transactions that are outlined in the company's bylaws, code of ethics, and applicable laws. The new Policy for Related Party Transactions is available on Estácio's investor relations website and has been submitted to the Brazilian Securities and Exchange Commission.
Original Description:
Estácio: Notice to the Market - Policy for Related Party Transactions
Original Title
Estácio: Notice to the Market - Policy for Related Party Transactions
The Board of Directors of Estácio Participações S.A. approved a new Policy for Related Party Transactions to improve the company's corporate governance standards. The policy consolidates Estácio's existing criteria for related party transactions that are outlined in the company's bylaws, code of ethics, and applicable laws. The new Policy for Related Party Transactions is available on Estácio's investor relations website and has been submitted to the Brazilian Securities and Exchange Commission.
The Board of Directors of Estácio Participações S.A. approved a new Policy for Related Party Transactions to improve the company's corporate governance standards. The policy consolidates Estácio's existing criteria for related party transactions that are outlined in the company's bylaws, code of ethics, and applicable laws. The new Policy for Related Party Transactions is available on Estácio's investor relations website and has been submitted to the Brazilian Securities and Exchange Commission.
Policy for Related Party Transactions Estcio Participaes S.A. (Estcio or Company - Bovespa: ESTC3) hereby informs the market and the public in general that its Board of Directors, aiming to improve the Companys Corporate Governance standards, approved, on this date, the Companys Policy for Related Party Transactions, which consolidated the criteria already adopted by Estcio, following the Companys Bylaws, its Code of Ethics and Conduct, and the legal provisions applicable on the matter. The Policy for Related Party Transactions is available on the Companys Investor Relations website (www.estacioparticipacoes.com.br) and shall be submitted to the Brazilian Securities and Exchange Commission website as well.