SAO PAULO, Oct. 2, 2017 /PRNewswire/ -- Companhia de
Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or
"Sabesp"), pursuant to the provisions of Article 157, Paragraph 4
of Law No. 6.404/76 and the provisions of CVM Instruction No.
358/02, announces to its shareholders and to the market in general
that on October 2nd, 2017
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), published the Resolution nº 751 with the new
timeline for the remaining stages of Sabesp's 2nd Tariff
Revision, as below:
ARSESP Resolution n°
751 – Timeline of the Initial Stage of Sabesp's 2nd
Tariff Revision
|
Stage
No
|
Description
|
From
|
Until
|
9
|
Approval and
Disclosure of the Detailed Report and Approval of the Final
Technical Note and Resolution with the Preliminary Tariff
P0
|
Oct 2,
2017
|
Oct 10,
2017
|
10
|
Disclosure of the
Final Technical Note and Publication of the Resolution with the
Preliminary Tariff P0
|
Oct 3,
2017
|
Oct 10,
2017
|
The Preliminary Maximum Average Tariff (Preliminary Tariff P0)
will be disclosed and authorized up until October 10, 2017 and applied pursuant to Article
39 of Law 11445/2007.
The Final Maximum Average Tariff (Final Tariff P0) will be
disclosed and authorized up until April 10,
2018.
The full text of ARSESP Resolution No. 751 is available on
Sabesp's website, in the Investor Relations area and on ARSESP's
website.
IR Contacts:
Mario Arruda
Sampaio: (55 11) 3388-8664 (maasampaio@sabesp.com.br)
Angela Beatriz Airoldi: (55 11)
3388-8793 (abairoldi@sabesp.com.br)
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SOURCE Sabesp