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____.
CPFL EnergiaS.A.
Publicly held Corporation
CNPJ 02.429.144/0001-93 - NIRE 353.001.861-33
MATERIAL FACT
CPFL Energia S.A. (“CPFL Energia” or “Company”), in compliance with Article 12 of CVM Instruction 358/02, hereby announces to its shareholders and to the market that, in connection with the public tender offer for the acquisition, by State Grid Brazil Participações S.A. (“State Grid”), of common shares issued by the Company (“Tender Offer”), the Tender Offer auction was successfully held today in the trading system of B3 S.A. - Brasil, Bolsa, Balcão ("Auction").
As a result of the Auction, State Grid acquired 408,447,534 common shares (CPFE3) issued by the Company, representing 88.45% of all the shares subject to the Tender Offer and 40.12% of the capital stock of the Company. The common shares were acquired at the price of R$27.69 (twenty-seven reais and sixty nine cents), totaling the amount of R$11,309,912,216.46 (eleven billion, three hundred and nine million, nine hundred and twelve thousand, two hundred and sixteen reais and forty-six cents).
After the settlement of the purchases carried out in the Auction, which will take place on December 05, 2017, State Grid, jointly with ESC Energia S.A., will hold 964,612,351 common shares issued by the Company, which is equivalent to approximately 94.76% of the total share capital of the Company.
CPFL Energia will inform its shareholders and the market in general of any developments regarding the matter reported hereof that are communicated to the Company.
Campinas, November 30, 2017.
Gustavo Estrella
Chief Financial and Investor Relation Officer
CPFL ENERGIA S.A. | ||
|
By: |
/S/ GUSTAVO ESTRELLA
|
Name: Title: |
Gustavo Estrella Chief Financial Officer and Head of Investor Relations |
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 of future 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 actually 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.