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 _______
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MARKET ANNOUNCEMENT |
CENTRAIS ELETRICAS BRASILEIRAS S/A
CNPJ: 00.001.180/0001-26
A PUBLICLY HELD COMPANY
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. – ELETROBRAS (“Company” or “Eletrobras”), hereby informs its shareholders and the market in general that the Board of the National Electric Energy Agency (ANEEL) has unanimously decided to partially approve the Administrative Request filed by Eletrobras, in view of ANEEL Ruling No. 1208/2016, to, on the merits, reformulate sections “ii.b” and “”ii.c” of the Ruling that will be worded as follows:
(ii.b) return a total of R$ 1,924,188,432.99, the historical amount related to the amortization of financing not transferred by Eletrobras to the RGR, calculated for the period from 1998 to 2011, applying indexation based on the terms of the sole paragraph of Article 21-A of Law 12783/2013, with new wording given by Law 13299/2016, as of January 2017, in monthly installments.
(ii.c) return a total of R$ 113,576,621.62, the historical amount related to the appropriation by Eletrobras of financial charges from the RGR (arrears interest, fines and credit reserve fee), calculated for the period from 1998 to 2011, applying indexation based on the terms of the sole paragraph of Article 21-A of Law 12783/2013, with new wording given by Law 13299/2016, as of January 2017, in monthly installments.
Despite the partial provision, Eletrobras shall take appropriate measures to obtain recognition of the right provided for in Articles 21-A and 21-B of Law 12783/2013 as amended by Law 13299/2016.
Rio de Janeiro – September 30, 2016.
Armando Casado de Araujo
Financial 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.