Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
03 Ottobre 2023 - 4:10PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For October, 2023
(Commission File No. 1-31317)
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
(Exact name of registrant as specified in its charter)
Basic Sanitation Company of the State of Sao Paulo - SABESP
(Translation of Registrant's name into English)
Rua Costa Carvalho, 300
São Paulo, S.P., 05429-900
Federative Republic of Brazil
(Address of Registrant's principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover 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 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___
If "Yes" is marked, indicated below the file number assigned to the
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
Company Registry
(NIRE): 35.3000.1683-1
MATERIAL FACT
Companhia
de Saneamento Básico do Estado de São Paulo – Sabesp (“Company” or “Sabesp”), in compliance
with CVM Resolution nº 44, of August 23, 2021, hereby informs its shareholders and the market in general that, pursuant to the provisions
of article 14, paragraph 2 of the Federal Law 14,026/2020 (“New Legal Framework for Basic Sanitation”), the São Paulo
State has sent Official Letters to municipalities served by the Company, proposing changes to the conditions of the concession contracts
in force (“Notice”).
The Notice
highlights general aspects of the proposed concession contract (“New Contract”) that aims to replace the contracts in force,
pursuant article 14 of the indicating that the New Legal Framework for Basic Sanitation, following guidelines will be observed within
the scope of the new contract to be signed with these municipalities:
| (a) | the anticipation of the universalization goals established in the New Legal Framework for Basic Sanitation
for 2029, safeguarding any shorter deadlines contractually foreseen; |
| (b) | the extension of the concession contract to 2060; |
| (c) | Sabesp's obligation to serve the population residing in consolidated informal urban centers and rural
areas, in order to cover the entire municipal territory; and |
| (d) | details of the investments to be made in each municipality. |
The Notice
reaffirms the commitment to increase and anticipate investments, tariff reduction and improve sanitation services, aiming at:
| (a) | providing predictability and transparency to the regionalized structure, considering the shared infrastructure;
and |
| (b) | detailing in the contract, Sabesp’s specific obligations to each municipality, including coverage
targets, main works and investments. |
In the aforementioned
Notice, the State of São Paulo reaffirms that Sabesp's privatization project aims at the following main objectives: (i) anticipate
the universalization of water supply and sewage services; (ii) inclusion of the population not currently served by Sabesp; (iii) tariff
reduction, focusing on the most vulnerable population; (iv) increase the quality of service offered; (v) contractual extension until 2060;
(vi) implementation of the regionalization established by Law No. 17,383/2021, in order to guarantee the uniformity necessary for the
execution, operation and resilience of shared infrastructure; and (vii) predictability of the parties regarding the regulation, supervision
and due implementation of the investments necessary for the universalization and appropriate provision of services.
The extension
of the contractual term of the concessions until 2060 for the municipalities which adhere to the proposal will represent an extension
of the duration of the relevant concessions to the Company.
Finally,
the Notice informs that the State of São Paulo is finalizing the measures to send the Bill of Law to obtain authorization for the
privatization of the Company, according to art. 47, item XV, of the State Constitution.
The Company
will keep the market informed of any developments related to the subject matter of this Material Fact.
São
Paulo, September 30, 2023.
Catia
Cristina Teixeira Pereira
Chief Financial Officer and Investor Relations Officer
SIGNATURE
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, in the city São Paulo, Brazil.
Date: October 1, 2023
Companhia de Saneamento Básico do Estado de São Paulo - SABESP |
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By: |
/s/ Catia Cristina Teixeira Pereira
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Name: Catia Cristina Teixeira Pereira
Title: Chief Financial Officer and Investor Relations Officer |
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FORWARD-LOOKING STATEMENTS
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.
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