Eneva : Notice to Shareholders - Capital Increase of ...

ENEVA S.A.

CNPJ/MF No. 04.423.567/0001-21 NIRE: 33.3.0028402-8

(Publicly Held Company)

NOTICE TO SHAREHOLDERS CAPITAL INCREASE OF THE COMPANY

ENEVA S.A. ("Company") communicates to its shareholders, in continuation of the provision of the Notice to Shareholders of August 05, 2016, September 9 and 12, 2016, related to the exercise of preemptive right to the subscription of the shares to be issued in the scope of the capital increase approved by the Extraordinary Shareholders' Meeting of the Company of August 2, 2016 ("Capital Inc rease"), which follows:

1. RESULT OF THE FIRST SUBSCRIPTION PERIOD OF THE REMAINING UNSUBSCRIBED SHARES:

2. According to Itaú Corretora de Valores S.A. ("Itaú Custódia"), depositary institution of the shares issued by the Company, it was subscribed 156 (one hundred and fifty six) new common shares between September 12, 2016, inclusive, and September 14, 2016, inclusive ("First Additional Subscription Period") for the issue price of R$15.00 (fifteen Reais) per share, totaling an amount of R$2,340.00 (two thousand, three hundred and forty Reais), and added to the shares previously subscribed, totaling 50.50% (fifty point fifty percent) of the capital increase approved, remaining 75,837,268 (seventy five million, eight hundred and thirty seven and two hundred and sixty eight) new shares unsubscribed.

3. The Company informs that the Minimum Amount of the Capital Increase has already been reached, so that, upon conclusion of the Second Additional Subscription Period, the remaining shares that eventually remain shall be canceled and the capital shall be, totally or partially, approved by the Board of Directors, such as approved at the Extraordinary Shareholders' Meeting, held on August 2, 2016 ("ESM").

4. SECOND ADDITIONAL SUBSCRIPTION PERIOD OF REMAINING UNSUBSCRIBED SHARES:

5. The unsubscribed shares may be subscribed by the shareholders that show interest in the reserve of the remaining shares in the respective subscription bulletin, within 3 (three) days, beginning on September 19, 2016, inclusive, and ending on September 21, 2016, inclusive ("Second Additional Subscription Period"), upon the signature of the new subscription bulletin.

6. The proportion for subscription of new shares shall be of 239,991.35 shares per each subscribed share in the Initial Subscription Period (equivalent to 23999135.44%).

7. The issue price of the remaining shares shall be the same as the issue price approved by the Extraordinary Shareholders' Meeting of August 2, 2016, of R$15.00 (fifteen Reais) per share.

8. The shares subscribed by the shareholders in the Capital Increase shall be fully paid in the act of the subscription in local currency.

9. PROCEDURES FOR THE SUBSCRIPTION AND PAYMENT OF SHARES

10. The right to the subscription may be exercised from September 19, 2016, inclusive, and until September 21, 2016, inclusive by the shareholders, or by the assignees of the preemptive right for the subscription, being that the ones in custody at BM&FBOVESPA shall exercise the preemptive right through its custody agent upon the execution of the applicable documents in any special agency of Itaú Custódia, upon the payment of the subscription price in cash and the completion of the respective subscription bulletin, which shall be available at the following addresses.

    Special agencies of Itaú:

    AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS BELO HORIZONTE

    Av. João Pinheiro, 195 - Subsolo Centro Belo Horizonte - MG

    AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS RIO DE JANEIRO

    Av. Almirante Barroso, 52 - 2º andar Centro Rio de Janeiro - RJ

    AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS SÃO PAULO

    R. Boa Vista, 176 - 1 Subsolo Centro São Paulo - SP

    AGÊNCIA ESPECIALIZADA VALORES MOBILIÁRIOS SALVADOR

    Av. Estados Unidos, 50 - 2º andar Comércio Salvador, BA

    List of documents:  Natural Person: (i) identity card (RG or RNE), (ii) proof of enrollment in the Natural Persons Registry (CPF) and (iii) residence receipt.  Legal Entity: (i) certified copy of the articles of association or of the consolidated bylaws,

    (ii) proof of enrollment of the National Registry of Legal Entity (CNPJ), (iii) certified copy of the corporate documents that prove the signatory powers of the subscription bulleting, and (iv) certified copy of the ID or RNE, CPF and residence receipt of the signatory(ies). Additional documents may be required for the investors living abroad.

    • Representation by Power of Attorney: public or private power of attorney with specific powers, together with the documents mentioned above, as the case may be, of the grantor and of the attorney-in-law. The shareholders participating of the fungible custody of BM&FBOVESPA, whose shares are deposited in its Depositary Central of Assets, shall exercise its preemptive rights by means of its custody agents, obeying the terms established by BM&FBOVESPA and the conditions of this Notice.

11. CANCELATION OF UNSUBSCRIBED ADDITIONAL SHARES AND PARTIAL APPROVAL:

12. Considering that the minimum amount of Capital Increase, of R$910,896,915.00 (nine hundred and ten million, eight hundred and ninety-six thousand, nine hundred and fifteen Reais), has been reached, after the end of the term of the Second Additional Period of Subscription, in terms of article 171, paragraph 7, item "b", of Law nº 6.404/76, the additional shares that eventually remain will be canceled.

13. After the cancelation of the additional shares, the Company´s Board of Directors shall approve, totally or partially, the Capital Increase.

14. ADDITIONAL INFORMATION

15. More Information on the Capital Increase and on the conditions for subscription and payment of the shares issued may be obtained at the Department of Investors Relations of the Company, through the electronic address [e-mail] or through the assistance telephones of the shareholders of Itaú Custódia, in the following telephones: (11) 3003-9285, for capitals and metropolitan regions, or 0800 720-9285, for other locations.

16. Rio de Janeiro, September 16, 2016.

    Pedro Zinner

    Executive Vice President - CFO and Investor Relations Officer

    ENEVA S.A.