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____.
CPFL ENERGIA S.A.
Publicly-held Company
Corporate Taxpayer´s ID (CNPJ) 02,429,144/0001-93
Company Registry ID (NIRE) 353,001,861-33
MATERIAL FACT
CPFL Energia S.A. (“CPFL Energia”), in compliance with the provisions contained in article 157, § 4th, of Law nº. 6,404/76 and in the Securities and Exchange Commission (“CVM”) Instruction nº 358/2002, hereby announces to its shareholders and the Market the following:
CPFL Energia was informed, through correspondence sent by the shareholders Bonaire Participações S.A. (“Bonaire”) and Energia São Paulo Fundo de Investimento em Ações (“Energia SP FIA”), lawful successor of Bonaire, about the exercise of the purchase option (“Purchase Option”) of the totality of the additional shares, corresponding to 4% (four percent) of the shares (“Shares”) bound by Shareholders´ Agreement of CPFL Energia (“Bound Shares”), held by VBC Energia S.A. (“VBC”) and/or its successors, and by 521 Participações S.A. (“521”), succeeded by BB Carteira Livre I FIA (“BB CL I”), pursuant to the Private Instrument of Concession of Successive Share Purchase and Sale Options and Other Covenants (“Purchase Option Agreement”), executed on July 17th, 2002 among VBC, 521 and Bonaire.
Immediately thereafter, the shareholders VBC and its successors Camargo Corrêa S.A. (“CCSA”) and ESC Energia S.A. (“ESC”), as well as a Caixa de Previdência dos Funcionários do Banco do Brasil (“PREVI”), successor and exclusive quotaholder of BB CL I, informed CPFL Energia about their acceptance of the exercise of the Purchase Option, clearly and unequivocally indicating their desire to sell the Shares.
In view of the foregoing, under the terms of the Purchase Option Agreement, CCSA shall sell to Energia SP FIA 11,804,530 (eleven million, eight hundred and four thousand, five hundred and thirty) Bound Shares and PREVI shall sell to Energia SP FIA 9,897,860 (nine million, eight hundred and ninety-seven thousand, eight hundred and sixty) Bound Shares.
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Thus, the ownership of the Bound Shares shall, following the closing of the transaction, be as follows:
Shareholder |
Quantity of Bound Shares Before the Sale |
Quantity of Bound Shares After the Sale |
VBC |
9,897,860 |
9,897,860 |
ESC |
224,188,344 |
224,188,344 |
CCSA |
11,804,530 |
0 |
BB CL I |
196,276,558 |
196,276,558 |
Previ |
9,897,860 |
0 |
Energia SP FIA |
90,484,600 |
112,186,990 |
Bonaire |
10,000 |
10,000 |
Finally, the shareholders also informed that the procedures required for the final calculation of the price of the Shares, as well as the discussions regarding the payment of the price shall begin on January 25th, 2013 and the actual transfer of the Shares shall occur until March 25th, 2013.
São Paulo, January 24th, 2013.
______________________________
CPFL ENERGIA S.A.
LORIVAL NOGUEIRA LUZ JUNIOR
Chief Financial and Investor Relations Officer
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CPFL ENERGIA S.A. | ||
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By: |
/S/ LORIVAL NOGUEIRA LUZ JUNIOR
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Name: Title: |
Lorival Nogueira Luz Junior 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.