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 ENERGIA S.A.
A Publicly-Held Company
Corporate Taxpayers’ ID (CNPJ/MF) 02.429.144/0001-93
Corporate Registry (NIRE) 35.300.186.133
NOTICE TO SHAREHOLDERS
CPFL ENERGIA S.A. (“Company”) is hereby reporting to the market and its shareholders in relation to the Company’s reverse split and stock split operation approved by the General and Extraordinary Shareholders Meeting on April 28, 2011, in the proportion of 10 (ten) to 1 (one) with the simultaneous split of each share grouped in the proportion of 1 (one) to 20 (twenty), that:
- the period for shareholders at their free and exclusive discretion to adjust their respective positions, by type, in multiple lots of 10 (ten) shares, ended on June 28, 2011;
- the fractions of the shares of shareholders who chose not to adjust their positions were separated, grouped in whole number lots that represented, at the end, a total of 335,220 (three hundred and thirty five thousand, two hundred and twenty) common shares issued by the Company (the “Shares”). The Shares shall be sold in successive auctions to be conducted at the BM&FBovespa S.A. – Bolsa de Valores, Mercadorias e Futuros, beginning as of August 5, 2011, until the full sale of the entire lot, and the effect of net amounts obtained will be placed, at a future date, to be disclosed lately, at the disposal of the entitled shareholders whose registries have been updated and have a checking account identified at a financial institution for receipt of income.
The value corresponding to the shares deposited with the Central Depository of Assets of the BM&FBovespa will be credited directly, and the Central Depository of Assets of the BM&FBovespa shall be responsible for transferring it to the respective shareholders through their Custodial Agents.
For registered shareholders who have not identified a current account at a financial institution for receipt of income, who have not updated their registration or whose shares are blocked, the amount shall be retained by the Company. For the release of this amount on their behalf, the shareholder must appear as of a date that will be announced lately at a branch of Banco do Brasil of his/her choosing, in possession of documents proving ownership and/or release of the shares, as appropriate.
São Paulo, July 21, 2011.
CPFL ENERGIA S.A.
LORIVAL NOGUEIRA LUZ JUNIOR
Chief Financial and Investor Relations Officer
CPFL ENERGIA S.A. | ||
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By: |
/S/ LORIVAL NOGUEIRA LUZ JUNIOR
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Name: Title: |
Lorival Nogueira Luz Junior 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.