Avianca Holdings and Empresa de Energía de Bogotá Receive IR

September 2, 2014
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Avianca Holdings and Empresa de Energía de Bogotá
Receive IR Recognition From the BVC
_________
 Both companies are committed to providing high standards of service for their investors.
 The stock index of companies with the COLIR index recognition increased by 14.3% in 2014.
 Starting on November 1st, EEB and Avianca will form part of the COLIR index.
Bogotá, - Avianca Holdings and Empresa Energía de Bogotá (EEB) received IR (Investor
Relations) Recognition, which the Colombian Securities Exchange awards to companies listed
on the market that are committed to one of the most advanced and developed information
disclosure and Investor Relations models in Latin America.
Together with Avianca, EEB and the main companies listed on the BVC that have also
decided to renew their commitment round out a list of 29 issuers who have voluntarily
adopted a series of good practices regarding investor relations. According to the Exchange,
this will place the local market in an even better position for international investment.
In response, BVC's CEO, Juan Pablo Córdoba, stated that, "Achievement of IR Recognition
by two important issuers, Empresa de Energía de Bogotá and Avianca Holdings, is big news
for our capital market and consequently, for the country as a whole. The creation of a
transparent and attractive market, with companies which are more open to their
stakeholders, marks a substantial contribution to Colombia's prosperity and growth."
The executive also noted that the requirements that issuers must meet in order to receive
IR Recognition include disclosure of consolidated financial statements, creation of investor
service offices and the holding of quarterly events to disclose results, as well as the
publication of information on their respective websites in both English and Spanish.
The BVC explained that the equity market issuers receiving the first IR recognition last year
have since formed part of the COLIR index. This index measures the performance of these
stocks and allows companies, which must renew their commitment annually, greater market
exposure and presence.
The Exchange said that the indicator of companies with the best investor service policies
increased by 14.3% in 2014, making it the stock index with the largest increase on the
Colombian market as of August.
Lastly, in regards to the incorporation of the Avianca (PFAVH) and Empresa de Energía de
Bogotá (EEB) stocks into this index, the BVC explained that said incorporation will begin on
November 1st, 2014, following a rebalancing which is scheduled for October 31st.
Companies Receiving IR Recognition
FINANCIAL SECTOR
 BANCO DAVIVIENDA
 BANCO DE BOGOTÁ
 BANCOLOMBIA
 BBVA COLOMBIA
 BVC
 GRUPO AVAL
 TITULARIZADORA COLOMBIANA
OIL AND ENERGY
 CELSIA
 CANACOL ENERGY
 CODENSA
 ECOPETROL
 EEB (NEW)
 EMGESA
 ISA
 ISAGEN
 ORGANIZACIÓN TERPEL
 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
AIR TRANSPORTATION
 AVIANCA HOLDINGS (NEW)
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, nor of the issuer's solvency. Moreover, it
does not guarantee the quality or validity of content. It simply denotes that existence of information on the issuer's
web site has been verified.
About Bolsa de Valores de Colombia S.A.
The Colombian Securities Exchange (BVC for its Spanish acronym) is a private company listed on the public
securities market that manages security trading platforms for the Equity, Fixed Income and Standardized
Derivatives markets. Also, through affiliates that have been created as a result of strategic alliances with other
companies, it operates the Energy Commodities and Foreign Exchange markets. For more information please visit
www.bvc.com.co or on Twitter @BVCColombia
Press Contact:
Bolsa de Valores de Colombia
Department of Media and Public Relations
Jorge Alberto Arciniegas – Daniel Bernal
Tel.: 57 1 313-9800 Ext. 1246 / 1126
Email: dbernal@bvc.com.co