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____


 

 

MARKET ANNOUNCEMENT

 

CENTRAIS ELETRICAS BRASILEIRAS S/A

CNPJ: 00.001.180/0001-26

 

The CENTRAIS ELÉTRICAS BRASILEIRAS S/A ELETROBRAS ("Company") announces that it received, on March 29, 2016, request of minority shareholder 3G RADAR MASTER FUNDO DE INVESTIMENTO DE AÇÕES, (“3G Radar FIA”) represented by it´s fund manager, 3G RADAR GESTORA DE RECURSOS LTDA (“3G Radar”), holder of the Company's preferred shares ("Shareholder"), pursuant to CVM Instruction 481/09 and 561/09 and Office Letter/CVM/SEP/No 01/2017, information related to candidate indicated for position on the Board of Directors, whose election will take place at the 57th Ordinary General Meeting to be held on April 28, 2017.

 

The candidate nominated by the Shareholder, which must apply for vacancy on the Board of Directors is Mr. Claudio Roberto Frischtak, for separate election by minority preffered shareholder, or without the minimum quorum required to fill this vacancy, for election in the Multiple Voting process, if this process is required, pursuant to art. 171 of Law 6,404/76 whose information can be found in the correspondence attached.

 

We report that, under the terms of Federal Law 13,303 of June 30th, 2016 ("State-Owned Companies Act"), regulated by Decree 8,945, all nominations received, regarding candidates to positions in the Board of Directors Eletrobras, will be assessed by the 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

 

 

Rio de Janeiro, March 29, 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 29, 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.