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
PUBLIC COMPANY
Centrais Elétricas Brasileiras S.A. (“Company” or “Eletrobras”) hereby informs its shareholders and the market in general that, in addition to the Relevant Facts dated May 02 and May 25, 2018, the Federal Audit Court - TCU, through judgment No. 1,765/2018 - TCU - Plenary, dated August 1st, 2018 in the scope of divestment in Special Purpose Entities (SPE), determined actions to be taken by Eletrobras prior to the publication of the Eletrobras Auction Notice 01/2018, as well as other measures aimed at improving future divestments. The Court also determined that Eletrobras should abstain from the current sale of its shareholding in the SPE Integração Transmissora de Energia S.A. - INTESA, as it did not qualify for exemption from article 28, item II, paragraph 4, of Law 13,303/2016.
The above mentioned operation represents one of the initiatives related to the Financial Discipline Pillar of the Business and Management Master Plan ("PDNG 2018/2022").
The Company is seeking to comply with TCU's recommendations and will keep the market informed about the subject matter of this Market Announcement.
Rio de Janeiro, August 1, 2018
Armando Casado de Araujo
CFO and Investor Relations Officer
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS | ||
By: |
/S/ Armando Casado de Araujo
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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.