SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of January, 2020
Commission File Number 001-14491
TIM PARTICIPAÇÕES S.A.
(Exact name of registrant as specified in its charter)
TIM PARTICIPAÇÕES S.A.
(Translation of Registrant's name into English)
Avenida João Cabral de Melo Neto, nº 850, Torre Norte, 12º andar – Sala 1212,
Barra da Tijuca - Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
TIM PARTICIPAÇÕES S.A
Publicly-Held Company
Corporate Taxpayer’s ID (CNPJ / ME) 02.558.115/0001-21
Corporate Registry (NIRE) 33.300.276.963
NOTICE TO SHAREHOLDERS
RECTIFICATION OF VALUE PER SHARE OF INTEREST ON EQUITY
TIM Participações SA (“Company”) (B3: TIMP3; NYSE: TSU) informs its shareholders and the market in general that due to the change in the number of treasury shares in the period prior to January 17, 2020, there were change in the gross amount per share announced in the notice to shareholders of January 19, 2020. The amount of R$ 247,747,058.82 (two hundred and forty-seven million, seven hundred and forty-seven thousand, fifty-eight reais and eighty and two cents) will be paid on January 29, 2020.
2 – INTEREST ON SHAREHOLDERS’ EQUITY PER SHARE:
| Gross value per share | Total amount |
IOE | R$ 0.102353024 | R$ 247,747,058.82 |
The value per share was reduced by R$ 0.000002119 in view of the reduction in the number of treasury shares and, consequently, the increase in the number of shares entitled to receive dividends.
Rio de Janeiro, January 27, 2020.
TIM Participações S.A.
Adrian Calaza
Chief Financial Officer and
Investor Relations Officer
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Date: January 27, 2020 | By: | /s/ Adrian Calaza |
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| Name: Adrian Calaza |
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| Title: Chief Financial Officer and Investor Relations Officer |
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FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.