Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bolsa de Valores de Sao Paulo  >  Companhia Energética de Minas Gerais - CEMIG    CMIG4   BRCMIGACNPR3

COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG

(CMIG4)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Companhia Energetica de Minas Gerais CEMIG : EGM - Convocation

share with twitter share with LinkedIn share with facebook
10/17/2020 | 10:25pm EDT

COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG

LISTED COMPANY

CNPJ 17.155.730/0001-64 - NIRE 31300040127

EXTRAORDINARY GENERAL MEETING OF STOCKHOLDERS (EGM)

CONVOCATION

Stockholders are hereby called to an Extraordinary General Meeting (EGM) of Companhia Energética de Minas Gerais - Cemig, to be held on October 19, 2020 at 2 p.m., exclusively by digital media, at the Company's head office, in Belo Horizonte, Minas Gerais, Brazil, through the electronic platform Zoom, which will enable stockholders to take part and vote, provided they send the Remote Voting Form, to decide on the following matters:

  1. - Approval and authorization of signature of the Protocol of Absorption and Justification, with Cemig Geração Distribuída S.A - Cemig GD, to specify the terms and conditions that will govern the absorption of Cemig GD by Cemig;
    • authorization for absorption of Cemig GD by Cemig; and subsequently, the consequent extinction of the absorbed company; and
    • ratification, under and for the purposes of Article 8 of Law 6404/1976, of the appointment of the three expert analysts to provide a valuation of the Stockholders' equity of Cemig GD, made in accordance with Law 6404/1976.
  1. Election of one member of the Audit Board of the Company, since the member elected was not sworn in within the legally required period.

Any stockholder who wishes to do so may exercise the right to vote using the remote voting system, in accordance with CVM Instruction 481/2009, by sending the corresponding Remote Voting Statement Form (Boletim de Voto à Distância, or BVD), through the stockholder's custodian institution or mandated bank by October 9, 2020, or directly to the Company by email at: ri@cemig.com.br, by October 9, 2020.

Any stockholder who wishes to be represented by proxy at the said General Meeting of Stockholders should obey the precepts of Article 126 of Law 6406 of 1976, and Paragraph 2 of Clause 10 of the Company's by-laws, by sending to the email address ri@cemig.com.br, by email, preferably by October 14, 2020, proofs of ownership of the shares, issued by a depositary financial institution, and a power of attorney with specific powers.

Belo Horizonte, September 18, 2020

Márcio Luiz Simões Utsch

Chair of the Board of Directors

Av. Barbacena 1200

Santo Agostinho 30190-131 Belo Horizonte, MG

Brazil

Tel.: +55 31 3506-5024 Fax +55 31 3506-5025

Page 1 of 1

This text is a translation, provided for information only. The original text in Portuguese is the legally valid version.

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

CEMIG - Companhia Energética de Minas Gerais published this content on 19 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2020 01:24:04 UTC


share with twitter share with LinkedIn share with facebook
All news about COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG
10/20COMPANHIA ENERGETICA DE MINAS GERAIS : EGM - Minutes
PU
10/17COMPANHIA ENERGETICA DE MINAS GERAIS : EGM - Remote Voting Statement Form
PU
10/17COMPANHIA ENERGETICA DE MINAS GERAIS : EGM - Proposal By The Board Of Directors
PU
10/17COMPANHIA ENERGETICA DE MINAS GERAIS : EGM - Convocation
PU
09/30Royal Dutch Shell plc Shell Third Quarter 2020 -2-
DJ
09/29TRUMP AND BIDEN'S FIRST PRESIDENTIAL : The Moments That Mattered -- Update
DJ
09/29Australia's Santos wins state green light for $2.6 bln gas project
RE
09/28COMPANHIA ENERGÉTICA DE MINAS GERAIS : Ex-dividend day for
FA
09/22SHAREHOLDER NOTICES - INTEREST ON EQ : R$ 120 million on account of 2020 dividen..
PU
09/17COMPANHIA ENERGETICA DE MINAS GERAIS : Conselho de Administração - Sumário das D..
PU
More news
Financials
Sales 2020 23 925 M 4 259 M 4 259 M
Net income 2020 1 666 M 297 M 297 M
Net Debt 2020 14 666 M 2 611 M 2 611 M
P/E ratio 2020 9,91x
Yield 2020 4,30%
Capitalization 17 890 M 3 179 M 3 185 M
EV / Sales 2020 1,36x
EV / Sales 2021 1,29x
Nbr of Employees 5 467
Free-Float 77,1%
Chart COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG
Duration : Period :
Companhia Energética de Minas Gerais - CEMIG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 12
Average target price 13,70 BRL
Last Close Price 10,91 BRL
Spread / Highest target 51,2%
Spread / Average Target 25,5%
Spread / Lowest Target -3,16%
EPS Revisions
Managers
NameTitle
Reynaldo Passanezi Filho Chief Executive Officer
Márcio Luiz Simőes Utsch Chairman
Leonardo George de Magalhaes Chief Finance & Investor Relations Officer
Marcelo Gasparino da Silva Director
Cledorvino Belini Director
Sector and Competitors
1st jan.Capitalization (M$)
COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG-17.63%3 179
NEXTERA ENERGY25.15%148 398
ENEL S.P.A.7.03%91 060
IBERDROLA, S.A.16.61%77 637
DUKE ENERGY CORPORATION1.72%68 233
DOMINION ENERGY, INC.-2.03%68 097