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
Company Registry (NIRE): 35.300.016.831
MATERIAL FACT
State Law No. 16.525 of 2017
Sanction by the São Paulo State Governor to State Bill No. 659 of 2017
Sabesp’s Corporate Reorganization
Companhia de Saneamento Básico do Estado de São Paulo – Sabesp (“Company” or “Sabesp”), pursuant to article 157, paragraph 4 of Law 6,404/76 and CVM Instruction 358/02 and, in sequence to the Material Fact dated September 5, 2017 – “Approval of the State Bill No. 659 of 2017 - Corporate Reorganization of Sabesp”, hereby informs its shareholders and the market in general that, on this date, the São Paulo State Governor sanctioned State Bill 659 of 2017, passing it into State Law No. 16.525 of 2017.
This sanction represents an important and necessary step in the process of a possible capitalization of Sabesp.
The State Law No. 16.525 of 2017 will be available on the website of the Legislative Chamber of the State of São Paulo and will be published in the São Paulo State Official Gazette (DOE - Diário Oficial do Estado de São Paulo) and later published 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 15, 2017.
Rui de Britto Álvares Affonso
Chief Financial Officer and Investor Relations Officer
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.