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____.
SUMMARY OF RESOLUTIONS OF THE
249th MEETING OF THE BOARD OF DIRECTORS
CPFL Energia S.A. informs its shareholders and the market in general, that at the 249th Meeting of the Board of Directors held on August 27, 2014 the following matters were resolved:
I. Approval: Hiring of depository bank for CPFL Energia’s American Depositary Receipts (ADRs);
II. Ratification: Granting of guarantee by CPFL Energia for the acquisitions of electric energy from conventional source by CPFL Brasil for the period from January 1, 2015 to December 31, 2016;
III. Approval: Establishment of a privately held company, wholly owned subsidiary of CPFL Energia;
IV. Approval and Vote Recommendation: Interim dividend declaration by CPFL Energia and controlled companies;
V. Approval: Resignation of effective and alternate members of the Board of Directors, and the appointment of their substitutes ad referendum of the Extraordinary General Shareholders’ Meeting to be convened next September; and
VI. Other matters unrelated to CVM Instruction 358/2002, as amended.
São Paulo, August 27, 2014.
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.