PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
São Paulo, S.P., 05429-900
Federative Republic of Brazil
annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1)__.
in paper as permitted by Regulation S-T Rule 101(b)(7)__.
Indicate by check mark whether the registrant by furnishing the
information contained in this Form 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___
registrant in connection with Rule 12g3-2(b):
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO – SABESP
PUBLICLY HELD COMPANY
Corporate Taxpayer’s ID (CNPJ) 43.776.517/0001-80
NOTICE TO THE MARKET
Companhia de Saneamento Básico do Estado de São Paulo – Sabesp (“Company” or “Sabesp”), in continuity to the Notices to the Market disclosed on August 22 and September 20, 2019, hereby announces to its shareholders and the market in general that the Company will sign tomorrow the Amendment to the Contract for the Provision of Public Services of Water and Sewage (Amendment), signed on December 12, 2018, between the Municipality of Guarulhos, Sabesp and the Government of the State of São Paulo.
Through the Amendment, the Municipality of Guarulhos transfers to Sabesp the operation of sewage services that were being provided by the Municipality and/or SAGUA. As a result, the Company will directly operate the services of collection, transportation, treatment and final disposal of sewage.
After signing the Amendment, the total investment in water and sewage initially forecast at R$2 billion will rise to R$3.3 billion (at today’s nominal values) over the 40 years, with R$1.2 billion in water and R$2.1 billion in sewage.
In addition, after signing the Amendment, Sabesp will transfer an increase of R$40 million to Municipal Fund of Environmental Sanitation and Infrastructure (FMSAI -Fundo Municipal de Saneamento Ambiental e de Infraestrutura).
The Company will, in the coming days, make the relevant documents available on its website (www.sabesp.com.br).
São Paulo, December 3, 2019.
Rui de Britto Álvares Affonso
Chief Financial Officer and Investor Relations Officer
1
Companhia de Saneamento Básico do Estado de São Paulo - SABESP | ||
By: | /s/ Rui de Britto Álvares Affonso | |
Name: Rui de Britto Álvares Affonso Title: Chief Financial Officer and Investor Relations Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.