SAO PAULO, May 11, 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 May 11, 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), regarding Sabesp's request, published Resolution No.
722, in which ARSESP:
(i) grants to the Company the additional time requested to
supplement and submit the information for the initial stage of the
preliminary tariff revision process; and
(ii) announces that it will disclose, up to May 19, the new schedule for the initial stage of
the 2nd Ordinary Tariff Revision of Sabesp, as a result
of the additional time granted to submit the information.
The full text of Resolution No. 722 is available on ARSESP's and
Sabesp's website.
The Company will keep the market informed of further
developments regarding this material fact.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/second-ordinary-tariff-revision-of-sabesp-300456624.html
SOURCE Sabesp