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 |
In addition to our Market Announcements of August 5, 2015 and September 2, 2015, we hereby inform our shareholders and the market in general that:
The Board of Directors of our subsidiary Eletrobras Termonuclear SA (“Eletronuclear”) elected, on this date, Mr. José Pedro Diniz de Figueiredo, currently member of the Board of Directors as Commercial and Operation Director, nowadays acting as Chairperson, as Chief Executive Officer of that subsidiary for the remaining term of office and Mr. João Carlos da Cunha Bastos as the Commercial Operation Director also for the remaining term of office;
On that occasion it was decided i) the interruption, for a period of ninety (90) days, that may be extended up to 120 (one hundred twenty) days, of the contract signed with Construtora Andrade Gutierrez, relating to the execution of civil works of the Angra 3 power plant, as of the formal notice to the mentioned company and ii) the temporary interruption of contracts for the construction of the Angra 3 power plant, for a period of ninety (90) days, that may be extended up to 120 (one hundred twenty) days aimed at addressing of funding in national currency of this project.
The suspension of the contracts in question, by decision of Eletronuclear, does not imply any resolution or future consent regarding these contracts. It is merely a temporary measure justified by the exceptional situation.
The Company will keep the market informed of any material evolution of the facts.
Rio de Janeiro, September 28, 2015.
Armando Casado de Araujo
CFO and Investor Relations Officer
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.