Investor Relations
  • Out-of-court Reorganization
  • |
  • |
  • Favorites
  • MY DOWNLOADS ( 0 )

Notice to the Market - Toll Adjustment at Concebra

Large font size Small font size Back Back Print Print Send by e-mailE-mail Create PDFPDF DownloadDownload Favorites Share it Share
 

NOTICE TO THE MARKET

TOLL ADJUSTMENT AT CONCEBRA

São Paulo, September 4, 2018 - TPI - Triunfo Participações e Investimentos S.A. ("Company" or "Triunfo") (B3: TPIS3) and its subsidiary Concebra – Concessionária das Rodovias Centrais do Brasil S.A. (“Concessionaire” or “Concebra”) announce that the adjustment of the basic toll was established by the National Ground Transportation Agency (ANTT), as provided in the concession contract. In the decision, the IPCA inflation index adjustment was offset by the non-compliance of contractual terms, resulting in a tariff of R$0.03292 per kilometer (R$0.03402 previously) as of 00:00 of September 5.

The Company highlights that none of Concebra’s rebalancing claims were considered, as is the case of Federal Law n. º 13,103/15 (Truck Drivers Law). Additionally, the Concessionaire has shown a proposal for the Five-Year Concession Contract Review in order to adjust the contractual duties in line with the current macroeconomic scenario and different public funding terms. The Concessionaire is taking all legal measures to review the tariff and maintain the economic and financial balance of the Concession Contract.

Triunfo will keep the market informed of further developments in these matters.

Click here for the PDF file.

4 September 2018