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Oi S.A. - Cancellation of the Shareholder Compensation PolicyRIO DE JANEIRO, Jan. 29, 2015 /PRNewswire/ -- Oi S.A. ("Oi" or the "Company" - Bovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C), in accordance with article 157, paragraph 4 of Law No. 6,404/76 and the Brazilian Securities and Exchange Commission (Comissao de Valores Mobiliarios – CVM) Instruction No. 358/02, informs its shareholders and the market that the Board of Directors has approved the cancellation of the Shareholder Compensationpolicy for the fiscal years 2013-2016, that was previously disclosed in the Material Fact dated August 13, 2013, therefore remaining subject only to the provisions of Law No. 6,404/76 and the Company's by-laws. Oi S.A. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/oi-sa---cancellation-of-the-shareholder-compensation-policy-300028284.html SOURCE Oi S.A. |