Colombia: an example of good investor relations practices

August 29, 2013
Colombia: an example of good
investor relations practices
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 Of the 140 issuers listed on the BVC, 29 received IR Recognition
 The Companies will present quarterly consolidated financial statements
 Investors will be able to access issuer's information in English and Spanish
Cartagena de Indias.- From today, the Colombian capital market will have one of the most
advanced and demanding Investor Relations and information disclosure models in the
region.
Twenty-nine of the major companies listed on the BVC committed to voluntarily raise their
standards above Colombian legal requirements, which will positively position the local
market in the eyes of international investors.
According to the BVC, which recognized companies that met these parameters, one of the
most important commitments assumed by these organizations is to guarantee the
presentation of quarterly consolidated financial statements within a period of 30 days. This
information will grant the market more transparency and quality, an essential foundation to
promote decision making and increase trust in local and foreign investors.
According to BVC CEO Juan Pablo Córdoba, "having the best companies committed to
presenting more and better information regarding their projects and corporate management,
makes us more reliable and aligns us with more developed countries."
The CEO explained that disclosing consolidated financial statements allows investors to see
the full picture of the company's administrative and investment management, which
increases the Colombian securities market's visibility abroad.
Meanwhile, the BVC's Commercial VP, Javier Díaz, said that the requirements that
companies had to fulfill to receive recognition from the securities market are a very good
start for a market that it is becoming more globalized every day. These included: creation of
investor services offices; holding quarterly events to disclose results; and publication of
information on issuer's websites both in English and Spanish.
The BVC reported that organizations that received IR Recognition must renew their
commitment annually. This guarantees that requirements demanded under the program will
continue to be fulfilled. Likewise, the Colombian Securities Exchange underscored the deep
commitment of the first group of companies to be recognized, and explained that next year,
it hopes that all companies in the COLEQTY index will be involved this program.
Below is a list of the Companies that received IR Recognition
FINANCIAL SECTOR
 BANCO DAVIVIENDA
 BANCO DE BOGOTÁ
 BANCOLOMBIA
 BBVA COLOMBIA
 BOLSA DE VALORES DE
COLOMBIA
 GRUPO AVAL
 TITULARIZADORA COLOMBIANA
OIL AND ENERGY
 CELSIA
 CANACOL ENERGY
 CODENSA
 ECOPETROL
 EMGESA
 ISA
 ISAGEN
 ORGANIZACIÓN TERPEL
 PACIFIC RUBIALES ENERGY
 PROMIGAS
RETAIL AND FOOD
 ALMACENES ÉXITO
 GRUPO NUTRESA
INFRASTRUCTURE
 CEMENTOS ARGOS
 CEMEX LATAM HOLDINGS
 CONSTRUCCIONES EL CÓNDOR
 CONSTRUCTORA CONCONCRETO
 GRUPO ODINSA
UTILITIES AND
COMMUNICATIONS
 EPM
 ETB
INVESTORS
 GRUPO ARGOS
 GRUPO DE INVERSIONES
SURAMERICANA
 SOCIEDAD DE INVERSIONES EN
ENERGÍA
IMPORTANT:
For more information about IR Recognition, please visit www.bvc.com.co/IR
IR Recognition granted by the Bolsa de Valores de Colombia S.A. is not an endorsement of the securities listed, or
of the issuer's solvency. Moreover, this does not guarantee the quality or validity of content. It simply denotes the
existence of information on the issuer's web site has been verified.
Press Contact:
Colombian Securities Exchange
Department of Media and Public Relations
Jorge Alberto Arciniegas – Daniel Bernal
Tel.: 57 1 313-9800 Ext. 1246 / 1126
Email: [email protected]