31 de agosto de 2017 / 17:49 / en 3 meses

Shareholders of Brazil's Neoenergia approve share offerings -filing

SAO PAULO, Aug 31 (Reuters) - Shareholders of Brazilian power company Neoenergia SA approved primary and secondary share offerings by the company in the Brazilian market, the firm said in a securities filing on Thursday.

Shareholders also approved the increase in authorized capital limit from 3.5 billion reais ($1.11 billion) to up to 12.83 billion reais. They gave the green light for the company to continue procedures to move the firm to the highest corporate governance level at local exchange B3, known as the Novo Mercado.

$1 = 3.1476 reais Reporting by Marcelo Teixeira and Luciano Costa; Editing by Dan Grebler

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