National Steel Co 6-K, filed Jul 5, 2022
National Steel Co (SID)
About this 6-K
National Steel Co filed this 6-K on July 5, 2022.
Pursuant to Rule 13a-16 or 15d-16 of the
São Paulo, SP, Brazil
04538-132
under cover Form 20-F or Form 40-F. Form 20-F ___X___ Form 40-F _______
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____
COMPANHIA SIDERÚRGICA NACIONAL
Publicly Held Company
Corporate Taxpayer No. 33.042.730/0001-04
NIRE 35-3.0039609.0
MATERIAL FACT
Companhia Siderurgica Nacional (“CSN” or “Company”) informs its shareholders and the market in general that, together with CSN Energia S.A., a private corporation controlled by CSN that purchases and commercializes energy for the group (“CSN Energia”), entered into, on July 01, 2022, with Astra Infraestrutura I Fundo de Investimento em Participação Multiestratégia, an equity investment fund managed by Reag Administradora de Recursos Ltda., a limited liability company registered with the CNPJ/ME under No. 23.863.529/0001-34, and with BMPI INFRA S.A. (“BMPI”), a share purchase and sale agreement (“Agreement ”) through which they intend to acquire 100%(one hundred percent) of the shares issued by Companhia Energética Chapecó S/A – CEC (“Chapecó”), holder of the grant to exploit the Quebra-Queixo Hydroelectric Power Plant (“Transaction”).
The Agreement sets forth the right of CSN and CSN Energia to transfer their rights and obligations related to the Agreement to any of their affiliates.
The closing of the Transaction is subject, among other suspensive conditions, to the approval of the antitrust and regulatory authorities.
Considering the growing projection of electricity consumption by CSN for the coming years due to its recent acquisitions and projects under development in the medium and long term, the acquisition of the Quebra-Queixo Hydroelectric Power Plant , which holds an average installed capacity of 120MW, has the purpose to support and strengthen CSN’s expansion strategy in Brazil, through investments in renewable and self-production energy sources, for greater business competitiveness.
The Company will keep its shareholders and the market in general duly informed of any developments of the Transaction, pursuant to the terms of the applicable law.
São Paulo, July 4, 2022.
Marcelo Cunha Ribeiro
Executive Director of Finance and Investor Relations
COMPANHIA SIDERÚRGICA NACIONAL
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COMPANHIA SIDERÚRGICA NACIONAL | |
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By: |
/S/ Benjamin Steinbruch
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Benjamin Steinbruch
Chief Executive Officer | |
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By: |
/S/ Marcelo Cunha Ribeiro
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Marcelo Cunha Ribeiro
Chief Financial 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.