SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934

For the month of March, 2017

Commission File Number 1-34129



CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
(Exact name of registrant as specified in its charter)



BRAZILIAN ELECTRIC POWER COMPANY
(Translation of Registrant's name into English)



Avenida Presidente Vargas, 409 - 13th floor,
Edifício Herm. Stoltz - Centro, CEP 20071-003,
Rio de Janeiro, RJ, Brazil
(Address of principal executive office)

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____


 

 

Notice to Shareholders

 

CENTRAIS ELETRICAS BRASILEIRAS S/A

CNPJ: 00.001.180/0001-26

OPEN CAPITAL COMPANY

 

CENTRAIS ELÉTRICAS BRASILEIRAS S/A – ELETROBRAS ("Company") reports that it received, on March 14th, 2017, request from minority shareholders FUNDO DE INVESTIMENTO EM AÇÕES DINÂMICA ENERGIA and BANCLASS FUNDO DE INVESTIMENTO EM AÇÕES, both administered by BANCO CLÁSSICO S.A., holders of common shares, GERAÇÃO FUTURO L.PAR FUNDO DE INVESTIMENTO EM AÇÕES, represented by its manager GF GESTÃO DE RECURSOS LTDA and JABURÁ E OUTROS FUNDOS DE INVESTIMENTO, represented by its administrator BANCO FATOR S.A., holders of common and preferred shares of this Company, collectively referred as "Shareholders", under the term of CVM Instruction no. 481/09 and 561/15 and Office_Letter/CVM/SEP/no. 01/2017, information regarding candidates nominated to a position in the Board of Directors and Fiscal Council, whose election shall take place in the Annual General Meeting – “57th AGM” to be held on April 28th, 2017.

 

The candidates nominated by the Shareholders, who shall compete for a position in the Company's Board of Directors, are Mr. José Pais Rangel, in separate election by non-controlling shareholders holding common shares of the Company, and Mr. Aloísio Macario Ferreira de Souza, in separate election by non-controlling shareholders holding preferred shares of the Company, whose information can be found in the attached annex.

 

The candidates nominated by the Shareholders, who shall compete for a position in the Company's Fiscal Council, are Ms. Patrícia Valente Stierli, in separate election by non-controlling shareholders holding preferred shares of the Company, and Mr. Ronaldo Dias, in separate election by non-controlling shareholders holding common shares of the Company, whose information can be found in the attached annex, complying with the quorum required for elections in each class of shares.

 

We report that, under the terms of Federal Law 13,303 of June 30th, 2016 ("State-Owned Companies Act"), regulated by Decree 8,945, of December 27th, 2016, all nominations received, regarding candidates to positions in the Board of Directors and/or Fiscal Council of Eletrobras, were approved by its Internal Transitory Eligibility Committee (“CITE”), responsible for checking, for each candidate, the compliance with such eligibility requirements listed in article 17 of the State-Owned Companies Act and articles 28 to 30 of Decree 8.945/16.

 

Finally, we inform that, in compliance with Art. 21-L d of CVM Instruction 561/2015, the abovementioned candidates will be included on Distance Ballot Paper related to the 57th AGM of the Company.

 

Rio de Janeiro, March 20, 2017.

 

Armando Casado de Araujo

CFO and Investor Relations Officer


                                                                                                                                                                  

                                                                                               

 

 

 


 

 

 


 

 

 

 


 

 

 

 



 

 

 

 



 

 

 

 


 

 

 

 


 

 

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 


 

 

 


 

 

 

 


SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: March 21, 2017
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
By:
/SArmando Casado de Araujo
 
Armando Casado de Araujo
Chief Financial and Investor Relation Officer
 
 

 

 
FORWARD-LOOKING STATEMENTS

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.