Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
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____
MARKET ANNOUNCEMENT |
CENTRAIS ELETRICAS BRASILEIRAS S/A
CNPJ: 00.001.180/0001-26
OPEN COMPANY
Centrais Elétricas Brasileiras S/A (“Company” or “Eletrobras”) hereby informs its shareholders and the market in general that on April 27, 2018, the results of the independent investigation procedures carried out by the international office Hogan Lovells were presented to Eletrobras' Board of Directors, and this stage of the services contracted was concluded with the approval of the Independent Commission for Research Management ("CIGI").
With this result, on April 30, 2018, the investigation activities related to the services hired in relation to the Company, its subsidiaries and enterprises in which they participate were concluded, as well as the supervision of these activities by the members of CIGI.
However, the contract with the international office will still remain in force for the follow-up and feasibility of resolution before the US authorities, SEC and DOJ, which process is ongoing, as well as in support of remediation measures implemented by Eletrobras.
Eletrobras informs that it will keep the market informed about the progress of the negotiations with the US authorities.
Rio de Janeiro, May 14, 2018.
Armando Casado de Araujo
CFO and Investor Relations Officer
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS | ||
By: |
/S/ Armando Casado de Araujo
|
|
Armando Casado de Araujo
Chief Financial and Investor Relation 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 offuture 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.