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 August, 2018

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____


 

   

 

RELEVANT FACT

 

CENTRAIS ELETRICAS BRASILEIRAS S/A

CNPJ: 00.001.180/0001-26

OPEN COMPANY

 

 

Centrais Elétricas Brasileiras S.A. (“Companhia” or “Eletrobras”) hereby informs the shareholders and the market in general that, on June 5, 2018, by means of a Relevant Fact, it communicated the granting, by the Honorable Judge of the 49th Labor Court of Rio de Janeiro, as a matter of urgency, rendered in the case: 0100071 -78.2018.5.01.0049, determining that the Company and the other Rés (Amazonas Distribuidora de Energia SA - "Amazonas Energia", Centrais Elétricas de Rondônia - "Ceron", Companhia de Electricidade do Acre - "Eletroacre", Companhia Energética de Alagoas - "Ceal" and Companhia Energética do Piauí - "Cepisa", refrain from proceeding with the privatization process, in order to present, individually or collectively, within a period of 90 (ninety) days, a study on the impact of privatization in the current employment contracts ".

 

On June 11, 2018, the Company informed, through a Relevant Fact, that the Federal Government had filed a request for suspension of security (file: 0002121-22.2018.5.01.0000) with the purpose of halting the anticipation of the trusteeship granted, having such request was accepted by the President of the Regional Labor Court of the 1st Region.

 

On August 16, 2018, the Special Branch of the Regional Labor Court of the 1st Region granted the Appeal filed by the plaintiffs, to reinstate the decision of the 49th Labor Court of Rio de Janeiro, as transcribed above, via a Relevant Fact, on August 17, 2018.

 

On this date, the President of the Superior Labor Court, in response to the request of the Federal Government, suspended the injunction granted by the 49th Labor Court of Rio de Janeiro, which had been reestablished by the Special Organ of the Regional Labor Court of the 1st Region, , thus, the auction of the Eletrobras distributors, except Companhia Energética de Alagoas (CEAL), in view of the decision rendered by Minister Ricardo Lewandowski of the Original Civil Action 3132.

 

Rio de Janeiro, August 20, 2018.

 

 

 

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: August 8, 2018
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.