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____.
CPFL ENERGIA S.A.
Publicly held Corporation
CNPJ 02.429.144/0001-93 - NIRE 353.001.861-33
MATERIAL FACT (free translation)
CPFL Energia S.A. (“CPFL Energia” or “Company”), in compliance with the provisions of article 157, paragraph 4 of Law No. 6,404/76 (“Corporation Law”), and Brazilian Securities Commission (“CVM”) Instruction No. 358/2002, and in addition to the Material Fact released on September 2, 2016, informs to its shareholders and to the market in general that, the Chairman of the Board of Directors received today from its shareholder Caixa de Previdência dos Funcionários do Banco do Brasil – Previ, a member of CPFL Energia’s controlling group, the letter transcribed below, informing the right of joint sale (tag along) according to the Shareholders Agreement, selling together with ESC Energia S.A. and Camargo Corrêa S.A. the totality of its stake bound to the Shareholders Agreement of the Company to State Grid Power Brazil Participações Ltda., a subsidiary of State Grid International Development Limited:
“Rio de Janeiro (RJ), September 23, 2016.
To
Murilo Cesar Lemos dos Santos Passos
Chairman of the Board of Directors
and
CPFL Energia S.A.
Rua Gomes de Carvalho, 1510 – 14º andar
Vila Olímpia, São Paulo/SP
CEP 04547-005
Ref: Proposal of Acquisition of Equity Interest Camargo Corrêa S.A.
Dear Sirs,
CAIXA DE PREVIDÊNCIA DOS FUNCIONÁRIOS DO BANCO DO BRASIL – PREVI, a party to the Shareholders Agreement of CPFL Energia S.A., owning 196,276,558 ordinary shares bound to the referred Agreement, representing 19.28% of the capital stock of CPFL Energia, comes, through its legal representatives, to communicate that, according to the letter sent by you, dated of 09/02/2016, which informed about the shares purchase agreement signed on September 2, 2016, between Camargo Corrêa S.A. and State Grid Brazil Power Participações Ltda (“SPA”), as well as the provisions of the clause 11.4 of the Shareholders Agreement of CPFL Energia, PREVI will exercise the right of joint sale (tag along) of all shares bound to the Shareholders Agreement and the bonus shares resulting from the referred Agreement.
We are available to you to provide any additional information that may be necessary.
Regards,
Marcus Moreira de Almeida Renato Proença Lopes
Investments Director Investments Director”
The Company will inform its shareholders and the market in general any material developments regarding the facts now reported that are informed by the parties to the transaction.
São Paulo, September 23, 2016.
Andre Dorf
Chief Executive Officer
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CPFL ENERGIA S.A. | ||
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By: |
/S/ GUSTAVO ESTRELLA
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Name: Title: |
Gustavo Estrella Chief Financial Officer and Head of Investor Relations |
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.