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COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO - SABESP
PUBLICLY HELD COMPANY
Corporate Taxpayer’s ID (CNPJ): 43.776.517/0001-80
Company Registry (NIRE): 35.300.016.831
Companhia de Saneamento Básico do Estado de São Paulo – Sabesp (“Company” or “Sabesp”), announces to its shareholders and to the market in general that the Regulatory Agency for Sanitation and Energy of the State of São Paulo (ARSESP - Agência Reguladora de Saneamento e Energia do Estado de São Paulo) released a Notice, yesterday, on which informs its decision to withdraw the balance mechanism from the Ordinary Tariff Revision’s agenda and that the measure aims to enable an in-depth study of the subject and a better discussion with the society.
The Notice also clarifies that the withdrawal of such mechanism will have no impact on the final result of the Revision in progress.
The Company informs that this subject, which is the object of ARSESP’s Notice, is addressed on items 3.4 – Mechanism for Market Revision and 14 – Risk Matrix of the Provision of Services, in the Technical Notes NT.F-0001-2018 (preliminary) and NT.F-0003-2018 (final).
São Paulo, March 8th, 2018.
Rui de Britto Álvares Affonso
Chief Financial Officer and Investor Relations Officer
Companhia de Saneamento Básico do Estado de São Paulo - SABESP | ||
By: | /s/ Rui de Britto Álvares Affonso
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Name: Rui de Britto Álvares Affonso
Title: Chief Financial Officer and Investor Relations 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 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.