EEB receives ir award for best practices on Investor Relations.
02 September 2014
- This award, granted by the Colombia Securities Exchange, highlights the continuing effort of EEB to disclose timely, clear and easily accessible to investors, among other good information practices information.
Bogotá D.C., 2 September 2014.
On Tuesday, EEB, Head Company of Grupo Energía de Bogotá, received IR AWARD granted by the Colombia Securities Exchange to publicly traded companies on the local stock market maintaining high standards of disclosure to investors, among other practices.
The distinction highlights best practices in delivering financial and otherwise, routinely disclosed by the Company through various channels information in a clear, timely and easily accessible way in both English and Spanish. This practice allows better positioning and relationship with stakeholders who are crucial to the growth and consolidation of the Company.
Therefore, EEB enters COLIR, a stock index recently developed by the Colombia Securities Exchange, which measures the performance of companies with similar practices of disclosure and investor relations. This fact complements EEB’s participation in other local traded indexes as COLCAP and COLEQTY.
In this regard, EEB’s CEO, Sandra Stella Arenas Fonseca, highlighted the progress that the Company has taken in its relations with investors and its active presence in the capital markets whether local, regional or international."We are very proud of having achieved this prestigious recognition and thank the Colombia Securities Exchange for their continued support in this process, as well as our investors for their confidence in the company",noted Fonseca.
Mr. Juan Pablo Cordoba, CEO of Colombia Securities Exchangewelcomed EEB to the companies with IR AWARD and explained that,"This is great news for Colombia and its securities market, mainly because it shows the issuers commitment to generate more opportunities for the development and prosperity for the country, through the promotion of key values in attracting investors, such as the quality and transparency."
Thus, EEB reaffirms its commitment to stakeholders to pursue strategic management with continuous improvement of best practices of Corporate Governance,"With no doubt this requires us to get better on daily basis to keep management levels already achieved”,said Mrs. Fonseca.
About Grupo Energía de Bogotá
Grupo Energia de Bogota is the leading corporation in the Colombian power sector. Through EEB it transports electricity to the most significant markets in terms of demand and size in the country and participates in the distribution of electricity through Empresa de Energía de Cundinamarca – EEC. It controls the largest natural gas carrier in Colombia, TGI S.A. In Peru, its company CONTUGAS has a 30-year concession for the transportation and distribution of natural gas in the Ica Department, likewise with its company CALIDDA distributes natural gas in the regions of Lima and Callao. In that same country, together with ISA, it holds stocks in REP S.A. and TRANSMANTARO S.A., which operate 63% of the electricity transmission system in Peru. In 2010, it established TRECSA - Transportadora de Centroamérica S.A.- in charge of building the most important infrastructure Project in Guatemala and will render electricity transmission services as of 2014. Furthermore, it holds an investment portfolio in important companies in the electric power sector, in which the following stand out, CODENSA S.A., EMGESA S.A., GAS NATURAL S.A. and Electrificadora del Meta - EMSA and to a lesser extent ISA and ISAGEN. As of 2013, the Group renders advisory and engineering services in Guatemala and Peru through its affiliate EEB Ingeniería y Servicios. Also, in 2014 it created the company Empresa de Movilidad de Bogotá SAS E.S.P., affiliate company dedicated exclusively to developing electric power mobility projects.
Disclaimer:IR AWARD is not a certification of the quality of listed securities or the solvency of the issuer. Not valid for trading.
Nicolás G. Mancini-Suárez / Financing and Investors Relations Manager