FORM 6-K
securities and exchange
commission
washington, d.c. 20549
report of foreign private
issuer
pursuant to rule 13a-16 or 15d-16 of
the securities exchange act of 1934
For the month of February 2021
Commission File Number 1-15224
Energy Company of Minas Gerais
(Translation of Registrant’s Name Into English)
Avenida Barbacena, 1200
30190-131 Belo Horizonte, Minas Gerais, Brazil
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F ___
Indicate by check mark if the registrant is submitting the Form 6-K
in paper
as
permitted by Regulation S-T Rule 101(b)(1): _____
Indicate by check mark if the registrant is submitting the Form 6-K
in paper
as
permitted by Regulation S-T Rule 101(b)(7): _____
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant 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
If
“Yes” is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): N/A
Index
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Item
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Description of Items
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Forward-Looking Statements
This
report contains statements about expected future events and
financial results that are forward-looking and subject to risks and
uncertainties. Actual results could differ materially from those
predicted in such forward-looking statements. Factors which may
cause actual results to differ materially from those discussed
herein include those risk factors set forth in our most recent
Annual Report on Form 20-F filed with the Securities and Exchange
Commission. CEMIG undertakes no obligation to revise these
forward-looking statements to reflect events or circumstances after
the date hereof, and claims the protection of the safe harbor for
forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG
By: /s/ Leonardo George de Magalhães.
Name: Leonardo George de Magalhães
Title: Chief Finance and Investor Relations Officer
Date: February 22, 2021
|
1. |
Market Notice Dated December 11, 2020: Maurício Dall’Agnese
appointed Chief Officer for CemigPar |
COMPANHIA ENERGÉTICA DE MINAS GERAIS –
CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
MARKET NOTICE
Maurício Dall’Agnese appointed Chief Officer for
CemigPar
Cemig (Companhia Energética de Minas Gerais – listed
and traded in São Paulo, New York and Madrid), hereby
informs the CVM (Brazilian Securities Commission), the São
Paulo stock exchange (B3) and the market in general as
follows:
At its meeting on today’s date the Board of Directors of Cemig
elected Mr. Maurício Dall’Agnese as Chief Officer for CemigPar.
Mr. Dall’Agnese has a degree in economics from São Paulo University
(USP), and wide experience in M&A processes in the electric
power sector.
Since April 2020 he has served
as Cemig’s Associate Director for Strategy and
Innovation.
Previously he has served in leadership positions at BBVA, ISA CTEEP
and Vale.
As a result the members of the Executive Board of Cemig are
now as follows:
|
Reynaldo
Passanezi Filho – |
CEO |
|
Leonardo
George de Magalhães - |
Finance
and Investor Relations Director |
|
Dimas
Costa - |
Chief
Trading Officer |
|
Eduardo
Soares - |
Chief
Counsel and Chief Officer for Regulation |
|
Maurício
Dall’Agnese - |
Chief
Officer for CemigPar |
|
Paulo
Mota Henriques - |
Chief
Generation and Transmission Officer |
|
Ronaldo
Gomes de Abreu - |
Chief
Distribution Officer |
Belo Horizonte, December 11, 2020.
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 1
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
|
2. |
Notice to Stockholders Dated December 17, 2020: Payments of
Interest on Equity and dividends: December 30. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG
CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
NOTICE TO STOCKHOLDERS
Payments of Interest on
Equity and dividends: December 30
Cemig advises stockholders that it will make the following payments
on December 30, 2020:
|
a) |
As per the Notice to Stockholders
of December 18, 2019, the Material Announcement of June 18, 2020
and the Notice to Stockholders of July 31, 2020, Cemig will
pay: |
|
Interest on Equity of
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R$ 400,000,000.00 (four hundred million Reais)
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– for the business year 2019, or
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R$
0.27431232108 per share,
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with retention at source of
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15% withholding income tax,
|
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unless the stockholder is exempt from this retention under the
legislation.
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For shares traded on the São Paulo stock exchange (B3) this will be
paid to stockholders who were on the
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Company’s Share Registry on
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December 23, 2019.
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b) |
As per the Notice to Stockholders
of July 31, 2020, Cemig will pay: |
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dividends of
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R$364.181.000,00(three hundred sixty four million one
hundred
|
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eighty one thousand Reais)
|
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– for the business year 2019, or
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R$ 0.24974833850 per share.
|
For shares traded on the São Paulo stock exchange (B3) this will be
paid to stockholders who were on the
Company’s Share Registry on July 31, 2020.
As per decision of the AGM/EGM of July 31, 2020, the sums of the
fractions of shares arising,
| namely |
7,762 |
common (ON) shares |
| and |
61,803 |
preferred (PN) shares, |
| were sold on |
December 7, 2020, |
|
|
for
average prices of:
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R$
14.831348193
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per
ON share
|
|
and
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R$ 13.166177330
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per
PN share.
|
The proceeds will be added proportionately to the payments stated
above, to be made on December 30, 2020.
Stockholders whose bank details are up to date with the Custodian
Bank for Cemig’s nominal shares (Banco Itaú Unibanco S.A.) will
have their credits posted automatically on the first day of
payment. Any stockholder not receiving the said credit should visit
a branch of Banco Itaú Unibanco S.A. to update the stockholder’s
Investor Registry details. Payments relating to shares deposited in
custody at CBLC (Companhia Brasileira de Liquidação e
Custódia – the Brazilian Settlement and Custody Company) will
be credited to that entity and the Depositary Brokers will be
responsible for paying the amounts to holders.
Belo Horizonte, December 17, 2020.
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 1
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
|
3. |
Material Announcement Dated December 18, 2020: 4th Amendment to
Taesa’s Shareholders’ Agreement. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS –CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
MATERIAL ANNOUNCEMENT
4th Amendment to Taesa’s Shareholders’
Agreement
Cemig (Companhia Energética de Minas Gerais, listed
and traded in São Paulo, New York and Madrid), in accordance with
CVM Instruction 358 of Jan. 3, 2002 as amended, hereby
reports to the Brazilian Securities Commission (CVM), the São
Paulo Stock Exchange (B3) and the market as follows:
Cemig’s affiliated company Transmissora Aliança de Energia
Elétrica S.A. (‘Taesa’) has today published the following
Material Announcement:
“Transmissora Aliança de Energia Elétrica S.A. (B3:
TAEE11) (“Taesa” ou “Companhia”) announces that
today the controlling shareholders, Companhia Energética de Minas
Gerais - CEMIG and ISA Investimentos e Participações do Brasil
S.A., signed the 4th Amendment to Taesa’s Shareholders’
Agreement (“Amendment”).
The Amendment addresses changes in the Bylaws related to the
composition of the Company’s Board of Directors and the change in
the authority levels regarding the association of the Company
and/or its subsidiaries with other companies, in addition to the
adaptation of the text on the approval of qualified quorum matters,
clarifications regarding the headhunting process for reelection and
creation of an Executive Office, as well as the exclusion of a
clause referring to the removal of a member of the Company’s
Executive Board.
The 4th Amendment to Taesa’s Shareholders’ Agreement
is filed at the Company's headquarters and available for
consultation on the Company’s website (www.taesa.com.br/ri), on the
website of B3 S.A. - Brasil, Bolsa, Balcão (www.b3.com.br), and on
the website of the Brazilian Securities and Exchange Commission
(www.cvm.gov.br).”
Belo Horizonte, December 18, 2020.
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 1
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
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4. |
Material Announcement Dated December 18, 2020: Renova: Court
homologates Judicial Recovery Plans. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS –CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
MATERIAL ANNOUNCEMENT
Renova: Court homologates Judicial Recovery Plans
Cemig (Companhia Energética de Minas Gerais, listed
in São Paulo, New York and Madrid), in compliance with CVM
Instruction 358 of January 3, 2002 as amended, hereby
reports to the Brazilian Securities Commission (CVM), the São
Paulo Stock Exchange (B3) and the market as follows:
Cemig’s affiliated company Renova Energia S.A. has
today published the following Material Announcement:
|
“ |
In reference to the Material Announcement of October 16, 2019
reporting its application for Judicial |
recovery made to the 2nd Court for Bankruptcies and
Judicial Recovery of the Legal District of São Paulo State, under
number 1103257-54.2019.8.26.0100 (“the Judicial Recovery
proceedings”), and in compliance with CVM Instruction 358/2002, as
amended, Renova Energia S.A. – in Judicial Recovery (RNEW3; RNEW 4
and RNEW11) (Renova’) hereby informs its stockholders and the
general public as follows:
On today’s date the Judicial Recovery Court homologated the
Judicial recovery plans proposed for: (a) Phase A of the Alto
Sertão III Wind complex; (b) Renova Energia S.A.; and (c) the other
companies of its economic group.
The full text of the Judicial Recovery Plans approved, and the
Minutes of the General Meeting of Creditors, will be made available
on the Company’s Investor Relations site – (
www.ri.renovaenergia.com.br ); and a copy of this material is also
available on the Empresas.NET system of the CVM ( www.cvm.com.br )
and on the website of the São Paulo stock exchange – B3 (
www.b3.com.br ).
Renova reiterates its commitment
to keeping stockholders and the market fully and timely informed in
accordance with the applicable legislation.
”
Belo Horizonte, December 18, 2020
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 1
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
|
5. |
Material Announcement Dated December 21, 2020: Renova: Changes
Within Controlling Stockholding Group. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS –CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
MATERIAL ANNOUNCEMENT
Renova: Changes within controlling stockholding group
In compliance with CVM Instruction 358 of January 3, 2002 as
amended, Cemig (Companhia Energética de Minas Gerais,
listed in São Paulo, New York and Madrid), hereby reports to
the Brazilian Securities Commission (CVM), the São Paulo Stock
Exchange (B3) and the market as follows:
Today Cemig’s affiliated company Renova Energia
S.A. (‘Renova’) published the following Material
Announcement:
|
“ |
In
compliance with CVM Instruction 358/2002, as amended, Renova
Energia S.A. – in Judicial Recovery (RNEW3; RNEW 4 and RNEW11)
(‘Renova’) hereby informs its stockholders and the market in
general as follows: |
On December 18, 2020 Renova received notification concerning
acquisition by Mr. Renato do Amaral Figueiredo (‘Mr.
Figueiredo’) of the interest comprising 29,869,908 (twenty nine million eight hundred sixty
nine thousand nine hundred eight) nominal common shares
without par value, held by Mr. Ricardo Lopes Delneri (‘Mr.
Delneri’) in CG II Participações S.A.
(‘CG II’), a
corporation registered in the Brazilian Registry of Corporate
Taxpayers (CNPJ) under No. 27.735.592/0001-46 (‘the
Transaction’).
CG II is a member of the controlling stockholding
group of Renova, holding 8,686,842 (eight million six
hundred eighty six thousand eight hundred forty two) nominal common
shares without par value in Renova, or 20.8219% of the total
stock of Renova.
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 2
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
Completion of the Transaction will be preceded by transfer to
CG II of all the shares in Renova owned by Mr.
Delneri – a total of 1,642,183 (one million six hundred forty
two thousand one hundred eighty three) common shares, all of which
are bound by the Stockholders’ Agreement of Renova
(originally signed on December 19, 2014 between Light Energia S.A.,
RR Participações S.A., Cemig Geração e Transmissão S.A. and Renova,
and subsequently amended).
Completion of the Transaction will also be subject to
verification and compliance with certain conditions precedent that
are usual in similar transactions. If the conditions precedent are
confirmed (or waived), on the closing date of the Transaction
Mr. Figueiredo will acquire the entire
stockholding interest held by Mr. Delneri in
CG II, and Mr. Delneri will cease to be, both
directly and indirectly, a member of the controlling block of
Renova.
Renova
reiterates its commitment to keep stockholders and the market in
general fully and timely informed in accordance with the applicable
legislation. ”
Cemig is evaluating any effects that this transaction may have in
the context of the Stockholders’ Agreement of Renova, and will
inform the market at the opportune time.
Belo Horizonte, December 21, 2020.
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 2 of 2
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
|
6. |
Notice to Stockholders Dated December 23, 2020: Interest on
Equity for the year 2020. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS –
CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
NOTICE TO STOCKHOLDERS
Interest on Equity for the
year 2020
Cemig advises its stockholders that the Executive Board has decided
to pay Interest on Equity in the amount of
| |
R$ 433,488,000.00
|
(four hundred thirty three million four hundred
|
| |
|
eighty eight thousand Reais)
|
|
corresponding to
|
R$ 0.28553346242
|
per share,
|
as part of the minimum mandatory dividend for 2020, subject to
withholding at source of income tax at 15% (except for stockholders
exempt from this retention under current legislation).
For shares traded on the São Paulo stock exchange (B3), this will
be paid in two equal installments, by June 30, 2021 and
December 30, 2021, to stockholders whose names are on the
Company’s Nominal Share Registry on December 30, 2020.
The shares will trade ‘ex–’ these rights on January 4,
2021.
For stockholders whose shares are not held in custody by CBLC and
whose registration details are not up to date, we recommend
visiting any branch of Banco Itaú Unibanco S.A. (the institution
which administers Cemig’s Nominal Share Registry System), with
their identification documents, for the necessary updating.
Belo Horizonte, December 23, 2020.
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 1
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
|
7. |
Notice to Stockholders Dated January 5, 2021: Date scheduled
for 2021 AGM: April 30. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG
CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
NOTICE TO STOCKHOLDERS
Date scheduled for 2021
AGM: April 30
In compliance with Article 21-L of CVM Instruction 481 of December
17, 2009, as amended (‘CVM Instruction 481’), Cemig
(Companhia Energética de Minas Gerais – listed in São Paulo,
New York and Madrid) hereby informs its stockholders, the
market and the general public as follows:
The Annual General Meeting, to consider and decide on the
accounts for the 2020 business year, is scheduled to be held on
April 30, 2021.
Orientation on participation by stockholders, the convocation
materials and the Proposal by Management will be made available
opportunely.
Belo Horizonte, January 5, 2021
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page of
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
|
8. |
Market Notice Dated January 6, 2021: Marney Tadeu Antunes
Appointed Chief Distribution Officer. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS –
CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
MARKET NOTICE
Marney Tadeu Antunes appointed Chief Distribution
Officer
Cemig (Companhia Energética de Minas Gerais – listed
and traded on the exchanges of São Paulo, New York and Madrid),
informs the CVM (Brazilian Securities Commission), the São
Paulo stock exchange (B3) and the market in general as
follows:
On January 5, 2021, the Company’s Board of Directors elected Mr.
Marney Tadeu Antunes as Chief Distribution Officer, replacing
Mr. Ronaldo Gomes de Abreu.
Mr. Antunes has a degree in electrical engineering from the College
of Engineering of Sorocaba, with specialization and postgraduate
degrees and studies in subjects including Management, Strategy,
Project Management, Marginal Costs and Electricity Tariffs.
He has 34 years’ experience in the Brazilian electricity sector.
Most recently he was Chief Distribution Officer of the electricity
distributor EDP in São Paulo (from 2015 to 2020) and Sales Director
of the distribution companies of the CPFL Energia Group
(2011–2015).
The members of the Executive Board of Cemig are now as follows:
|
Reynaldo
Passanezi Filho – |
CEO |
|
Leonardo
George de Magalhães – |
Chief
Finance and Investor Relations Officer |
|
Dimas
Costa – |
Chief
Trading Officer |
|
Eduardo
Soares – |
Chief
Counsel and Chief Officer for Regulation |
|
Marney
Tadeu Antunes – |
Chief
Distribution Officer |
|
Maurício
Dall’Agnese – |
Chief
Officer for CemigPar |
|
Paulo
Mota Henriques – |
Chief
Generation and Transmission Officer |
Cemig’s Management records their thanks to Mr. Ronaldo Gomes de
Abreu for his professionalism and dedication in the 36 years
that he worked for the Company.
Belo Horizonte, January 6, 2021
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 1
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
|
9. |
Material Announcement Dated January 7, 2021: Cemig to Sell its
Shares in Light in Public Offering. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS –CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
MATERIAL ANNOUNCEMENT
Cemig to sell its shares in Light in Public Offering
Cemig (Companhia Energética de Minas Gerais, listed
in São Paulo, New York and Madrid), in compliance with CVM
Instruction 358 of January 3, 2002 as amended, hereby
reports to the Brazilian Securities Commission (CVM), the São
Paulo Stock Exchange (B3) and the market as follows:
Among other matters, the Board of Directors of Cemig has
decided to approve:
|
(i) |
Sale, by
Cemig, of its 68,621,264 common shares in Light,
comprising Cemig’s entire holding in Light (‘the
Cemig Shares’), in a public offering for distribution of a
total of 137,242,528 common shares in Light. This offering
comprises: |
|
(a) |
primary
distribution of 68,621,264 new common shares in Light (“the
Primary Offering”); and |
|
(b) |
a secondary
distribution, of the Cemig Shares, with restricted placement
efforts, under CVM Instruction 476, as disclosed on today’s date by
Light in a Material Announcement (‘the Restricted
Offering’). |
|
(ii) |
Non-exercise
by Cemig of its right of first refusal in the Primary
Offering, and, consequently waiver, by Cemig, of that
right of priority in subscription of shares in the Primary
Offering. |
There is more information on the Restricted Offering in the
Material Announcement issued by Light, available at
http://ri.light.com.br.
This transaction is part of the execution of Cemig’s Disinvestment
Program, which has been widely disclosed.
Cemig will keep its stockholders and the market informed on news
relating to this subject, in accordance with the applicable
regulations.
Belo Horizonte, January 7, 2021
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 1
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
|
10. |
Material Announcement Dated January 19, 2021:
Offering of Cemig’s shares in Light priced at R$ 20.00. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS –CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
MATERIAL ANNOUNCEMENT
Offering of Cemig’s shares in Light priced at
R$ 20.00
Complementing its Material Announcement of January 7, 2021,
Cemig (Companhia Energética de Minas Gerais, listed
in São Paulo, New York and Madrid), in accordance with CVM
Instruction 358 of January 3, 2002 as amended, hereby
reports to the Brazilian Securities Commission (CVM), the São
Paulo Stock Exchange (B3) and the market:
Cemig’s Board of Directors has approved the price of
R$ 20.00 per share for the offering of its shares in
Light S.A. (‘Light’).
The full offering is of:
|
137,242,528
|
|
common
shares in Light, comprising:
|
(i) a primary distribution of
|
68,621,264
|
|
new common shares to be issued by Light (‘the Primary
Offering’),
|
and (ii) a secondary distribution of
|
68,621,264
|
|
common shares
in Light comprising the entirety of the shares held by
Cemig in Light (‘the Secondary Offering’)
|
– (i) and (ii) being jointly referred to as ‘the Restricted
Offering’,
|
all priced at
|
R$ 20.00
|
|
(twenty Reais) per share (“the Price per Share”),
|
The total value represented by the Secondary Offering is
thus
|
R$ 1,372,425.280.00
|
|
(one billion
three hundred seventy two million four hundred twenty five thousand
two hundred eighty Reais)
|
The decision on the Price per Share took into account the
following parameters:
|
(a) |
the price per common share of
Light on the B3 on the date of setting of the Price per
Share; |
and
|
(b) |
indications of interest ascertained from professional
investors, in terms of the quality and quantity of demand for the
shares, in terms of volume and price. |
|
Note: |
The Price
per Share is not indicative of what prices may prevail in the
market after the Restricted Offering. |
This transaction is part of the execution of Cemig’s
Disinvestment Program, which has been widely disclosed.
Cemig will keep its stockholders and the market informed on news
relating to this subject, in accordance with the applicable
regulations.
Belo Horizonte, January 19, 2021
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 1
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
|
11. |
Material Announcement Dated January 25, 2021:
Cemig sells all its shares in Light for R$ 1.37
billion. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS –CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
MATERIAL ANNOUNCEMENT
Cemig sells all its shares in Light for R$ 1.37
billion
Complementing its disclosure in the Material Announcement published
on January 19, 2021, Cemig (Companhia Energética de Minas
Gerais, listed in São Paulo, New York and Madrid), in
compliance with CVM Instruction 358 of January 3, 2002 as amended,
hereby reports to the Brazilian Securities Commission (CVM),
the São Paulo Stock Exchange (B3) and the market as
follows:
In the public offering of common shares in Light S.A.
(‘Light’) completed on January 22, 2021, Cemig sold its
entire holding of shares in Light:
| Cemig sold |
68,621,264 |
shares in Light |
| at |
R$ 20.00 |
(twenty Reais) per share, |
|
for a total of
|
R$ 1,372,425,280.00
|
(one billion three hundred seventy two million four hundred twenty
five thousand two hundred eighty Reais).
|
There is more information on the offering at:
http://ri.light.com.br .
The transaction is part of the execution of Cemig’s Disinvestment
Program, which has been widely disclosed.
With the completion of this transaction, Cemig is no longer
a stockholder of Light.
Cemig will keep its stockholders and the market informed on news
relating to this subject, in accordance with the applicable
regulations.
Belo Horizonte, January 25, 2021
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 1
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
|
12. |
Market Notice Dated February 1, 2021: S&P
raises Cemig’s ratings. |
COMPANHIA ENERGÉTICA DE MINAS GERAIS –
CEMIG
LISTED COMPANY – CNPJ
17.155.730/0001-64 – NIRE 31300040127
MARKET NOTICE
S&P raises Cemig’s ratings
Cemig (Companhia Energética de Minas Gerais – listed
and traded on the exchanges of São Paulo, New York and Madrid),
informs the Brazilian
Securities Commission (CVM), the São Paulo stock exchange (B3) and
the market in general:
The risk ratings agency Standard & Poor’s (S&P) has
raised its corporate ratings for Cemig, and its issuer ratings for Cemig’s
wholly-owned subsidiaries Cemig Distribuição S.A.
(Cemig D) and Cemig Geração e Transmissão S.A.
(Cemig GT),
|
– on the global scale, by 2 ‘notches’:
|
|
from B to BB–
|
|
– and on the Brazilian scale, by 3 ‘notches’:
|
|
from A+ to AA+
|
|
– with outlook:
|
|
Stable.
|
In its assessment, S&P writes:
|
“ |
The
increase in ratings reflects our view that Cemig has kept its
credit and liquidity metrics strong amid the pandemic. ” |
In the second half of 2020, the two other leading risk rating
agencies, Moody’s América Latina and Fitch Ratings,
also increased their ratings for Cemig, reflecting stronger
credit and liquidity metrics.
Cemig sees the changes by these agencies as recognition of its
efforts to increase its credit quality.
Cemig reiterates its commitment to improving its liquidity and
capital structure through lengthening of its debt profile,
strategic management of liabilities, and reduction of its cost of
capital.
Belo Horizonte, February 1, 2021
Leonardo George de Magalhães
Chief Finance and Investor Relations Officer
Av. Barbacena 1200 Santo Agostinho 30190-131 Belo Horizonte, MG
Brazil Tel.: +55 31 3506-5024 Fax +55 31 3506-5025
Page 1 of 1
This text is a translation, provided for information only. The
original text in Portuguese is the legally valid version.
