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___
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO - SABESP
PUBLICLY-HELD COMPANY
Corporate Taxpayer’s ID (CNPJ) 43.776.517/0001-80
State Registry (NIRE) 35300016831
MATERIAL FACT
Approval of the State Bill No. 659 of 2017
Corporate Reorganization of Sabesp
Companhia de Saneamento Básico do Estado de São Paulo – Sabesp (“Company” or “Sabesp”), pursuant to the provisions of Article 157, Paragraph 4 of Law No. 6404/76 and the provisions of CVM Instruction No. 358/02, in sequence to the Material Fact disclosed on August 2, 2017 – “State Bill - Corporate Reorganization of Sabesp”, announces to its shareholders and to the market in general that, on this date, the Legislative Chamber of the State of São Paulo approved State Bill No. 659 of 2017, which now will be submitted to the Governor of the State of São Paulo for his sanction.
The approval of the Bill by the Legislative Chamber of the State of São Paulo is a necessary step in the process of a possible capitalization of Sabesp.
The final version of the Bill approved in plenary, which will be forwarded to the Governor's sanction, will be available on the website of the Legislative Chamber of the State of São Paulo and published in the DOE (Official Gazette of the State of São Paulo), subsequently to that will be available at www.sabesp.com.br/investidores.
The company will keep the market updated on the progress of the matter within this Material Fact.
São Paulo, September 5, 2017.
Rui de Britto Álvares Affonso
Chief Financial Officer and Investor Relations Officer
1
Companhia de Saneamento Básico do Estado de São Paulo - SABESP | ||
By: | /s/ Rui de Britto Álvares Affonso
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Name: Rui de Britto Álvares Affonso
Title: Chief Financial Officer and Investor Relations Officer |
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.