SAO PAULO, April 22, 2013 /PRNewswire/ -- Companhia de
Saneamento Basico do Estado de Sao
Paulo - SABESP (BM&FBovespa: SBSP3; NYSE:
SBS), one of the largest water and sewage service provider in the
world based on the number of customers, pursuant to CVM Rule 358,
as of January 3, 2002, and
amendments, hereby informs its shareholders and the market in
general the following:
The split of shares representing the Company's share capital was
approved by the Extraordinary and Ordinary Shareholders' Meeting
held on the date hereof, whereby each share issued by the Company
will be split into 3 shares, i.e., shareholders will be entitled to
receive 2 new shares for each share currently held. The share
capital shall be divided into 683,509,869 common shares issued by
the Company.
The date to be considered for purposes of identifying the
shareholders entitled to receive the shares arising from the split
shall be April 22, 2013. As of
April 23, 2013, the shares issued by
the Company shall be traded ex-split rights (ex-date).
As for the shares traded on BM&FBOVESPA, the custodian bank,
Itau Unibanco S.A., shall take all measures to automatically
distribute the new shares to the Company's shareholders. On
April 26, 2013, the Custodian
will distribute the shares arising from the split at the ratio of 2
new shares for each existing one.
As for the ADRs traded on the New York Stock Exchange, the
depositary institution, Bank of New York Mellon, shall issue new
ADRs and distribute them to the shareholders.
The shares and ADRs arising from the split approved herein will
be of the same type and shall confer their holders the same rights
of previously existing shares and ADRs, including the right to
receive dividends in full and/or any other shareholder payments
that come to be declared by the Company from the date of the
Extraordinary and Ordinary Shareholders' Meeting onwards.
The complete version of the Material Fact is available at the
company's website www.sabesp.com.br
IR Contacts:
Mario Arruda Sampaio: (55 11)
3388-8664 (maasampaio@sabesp.com.br)
Angela Beatriz Airoldi: (55 11)
3388-8793 (abairoldi@sabesp.com.br)
SOURCE SABESP