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
COMPANHIA ABERTA
Centrais Elétricas Brasileiras S/A - (“Company” or “Eletrobras”) hereby informs its shareholders and the market in general that, on this date, the Company received funds in the amount of R$ 936,180,000.00 (Nine hundred and thirty-six million, one hundred and eighty thousand reais), as Advance for Future Capital Increase ("AFAC"), made by the controlling shareholder, the Federal Government.
The purpose of these funds is to enable the execution of the Business and Management Master Plan for the period from 2017 to 2021 ("PDNG 2017-2021"), disclosed to the market on November 17, 2016.
The Company will keep the market informed about the future conversion of the current AFAC into a capital increase, as well as the AFACs in the amount of R$ 970,000,000.00 (nine hundred and seventy million reais) and R$ 1 billion (one billion reais), realized on September and April, 2016, respectively, should be observed at this time all formalities established in the applicable legislation, in particular Law 6,404/76.
Rio de Janeiro, November 22, 2016.
Armando Casado de Araujo
CFO and Investor Relations Officer
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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.