News

Energisa announces Public Offer for Acquisition of EMT Minority Shares

According to a Material Fact published on December 8, 2017, Energisa S.A. announces the Public Offering of Mato Grosso Energy Shares (EMT). Energisa is able to acquire up to 71,104,446, accounting for 33.40% (thirty-three point four percent) of the Company’s total share capital, at a price of R$8.60 per share. The acquisition of up to the total number of shares outstanding by EMT will imply the maximum ammount of R$611.5 million, which will be financed by own funds and / or structuring operations with financial institutions.

See below a rough schedule of the stages of the Offering, including its milestones:

Estimated Date

Event

12/8/2017

Company Board of Directors' meeting approving the Offering
Publication of Company Announcement for the Offering
Publication of Offering Notice
Publication of Offering Appraisal

12/11/2017

Publication of Company Announcement and Offering Notice in the newspapers "Gazeta de Cuiabá" and "Diário de Notícias"

1/16/2018

Holding of auction at B3

1/19/2018

Settlement of bids made at the Auction

4/16/2018

End of period for exercising the subsequent sale right

Click here to access the Material Fact

Last updated 

Close