Companhia Energetica Minas Gerais : Reply to BM&FBovespa Official Letter 285/2016–SAE, of February 2, 2016
March 22, 2016 at 08:59 am EDT
Share
50ebf842-433d-45bb-b026-544e4516a03e.pdf
COMPANHIA ENERGÉTICA DE MINAS GERAIS -
CEMIG
LISTED COMPANY - CNPJ 17.155.730/0001-64 - NIRE 31300040127
MARKET NOTICE
Reply to BM&FBovespa Official Letter 285/2016-SAE, of February 2, 2016
Question asked by BM&FBovespa
" COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG
Mr. Fabiano Maia Pereira Investor Relations Director
Subject: Atypical trading in shares
Dear Sir,
In view of the most recent variations in the prices of your company's shares, the number of trades and volume traded, as set out below, we request you to inform us, by February 3, 2016, whether there is any fact you are aware of that could be the reason for this.
We note the obligation stated in the sole sub-paragraph of Article 4 of CVM Instruction 358/02, to question managers and controlling stockholders of the Company to ascertain whether they had knowledge of information that should be disclosed to the market.
ON shares
Prices (R$ per share)
Date
Opening
Minimum
Maximum
Average
Last
Change
%
No. of trades
Quantity
Volume
19/01/2016
4.72
4.47
4.82
4.62
4.47
-4.69
296
84,000
388,152.00
20/01/2016
4.48
4.39
4.59
4.53
4.53
1.34
267
78,200
354,114.00
21/01/2016
4.52
4.50
4.74
4.59
4.51
-0.44
94
36,600
168,133.00
22/01/2016
4.66
4.66
4.80
4.74
4.72
4.66
114
80,900
383,319.00
26/01/2016
4.85
4.60
4.85
4.71
4.76
0.85
187
86,300
406,189.00
27/01/2016
4.78
4.76
5.22
5.00
5.15
8.19
205
88,500
442,464.00
28/01/2016
5.27
5.06
5.51
5.34
5.38
4.47
381
299,000
1,597,442.00
29/01/2016
5.48
5.48
6.01
5.80
5.80
7.81
1,197
400,700
2,323,637.00
01/02/2016
5.97
5.66
6.70
6.35
6.70
15.52
810
201,900
1,281,571.00
02/02/2016*
6.80
5.39
6.86
6.03
5.46
-18.50
494
224,800
1,356,312.00
* Updated to 5.04 p.m.
PN shares
Prices (R$ per share)
Date
Opening
Minimum
Maximum
Average
Last
Change
%
No. of trades
Quantity
Volume
19/01/2016
4.57
4.28
4.60
4.49
4.29
-4.67
15,646
7,495,100
33,657,323.00
20/01/2016
4.25
4.10
4.35
4.25
4.35
1.40
19,127
7,806,400
33,168,684.00
21/01/2016
4.35
4.28
4.49
4.39
4.37
0.46
8,351
3,488,400
15,310,830.00
22/01/2016
4.50
4.37
4.51
4.45
4.47
2.29
11,023
3,764,600
16,743,219.00
26/01/2016
4.49
4.28
4.60
4.44
4.45
-0.45
14,118
4,761,900
21,119,273.00
27/01/2016
4.41
4.41
4.98
4.81
4.91
10.34
11,670
4,936,400
23,743,818.00
28/01/2016
4.86
4.78
5.34
5.10
5.34
8.76
11,158
6,132,600
31,270,477.00
29/01/2016
5.39
5.37
6.02
5.82
5.91
10.67
18,080
9,150,400
53,211,442.00
01/02/2016
5.84
5.76
6.70
6.45
6.65
12.52
16,394
8,800,500
56,774,586.00
02/02/2016*
6.45
5.25
6.48
5.69
5.30
-20.30
21,797
12,039,000
68,520,753.00
* Updated to 5.05 p.m.
The file to be sent should contain the question that is asked above, preceding your company's reply.
We remind you that this request is made under the Cooperation Working Agreement made between the CVM and BM&FBOVESPA on December 13, 2011, and that non-compliance with it may make your company subject to imposition of an incentive fine by the Company Relations Management Unit (SEP) of the CVM, subject to CVM Instruction 452/07.
Yours,
Nelson Barroso Ortega
Company Monitoring Management Unit "
Reply by CEMIG
Dear Mr. Nelson Barroso Ortega,
On the question of the most recent variations in the prices of our shares, and the increase in the number of trades and the quantity traded, we inform you that we have no knowledge of any fact or event resulting from our activities or business that would justify the events and which has not been duly publicized.
In compliance with Article 4 of CVM Instruction 358/02, the Company's managers and controlling stockholders have been questioned to ascertain whether they had knowledge of information that should have been disclosed to the market. We have not yet received the replies.
Cemig reiterates its commitment to opportune and timely disclosure of all and any fact which is of interest to its stockholders.
Belo Horizonte, February 3, 2016.
Fabiano Maia Pereira
Chief Finance and Investor Relations Officer
CEMIG - Companhia Energética de Minas Gerais issued this content on 02 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 March 2016 12:58:39 UTC
Companhia Energética de Minas Gerais (Cemig) is one of the largest Brazilian producers of electricity. Net sales break down by activity as follows:
- electricity production, transformation, transmission, distribution and sales (91.5%): 55,045 GWh sold in 2019 and broken down into industrial customers (29.1%), residential customers (19.2%), commercial customers (17.4%) and other (34.3%);
- purchase, transportation and sales of natural gas (7.2%);
- other (1.3%).
At the end of 2019, the group had more than 80 power plants with an installed capacity of 5 955 MW.