ENEVA S.A.

In Judicial Recovery
CORPORATE TAXPAYERS ID (CNPJ/MF): 04.423.567/0001-21
COMPANY REGISTRY (NIRE): 33.3.0028402-8
(Publicly-Held Company)
NOTICE TO SHAREHOLDERS
ENEVA S.A. - In Judicial Recovery (Company) announces to its shareholders, in continuity
with the provisions of the Notices to Shareholders of September 4, 2015 and October 15, 2015,
regarding the exercise of preemptive rights for the subscription of shares to be issued under the
capital increase approved by the Company's Extraordinary Shareholders Meeting on August 26,
2015 (Capital Increase), the following:
I.

Result of the Exercise of the First Additional Period for the Subscription of

Unsubscribed Shares:
According to the calculations of Ita Corretora de Valores S.A. (Ita Depository Agent), the
depositary institution for the Company's shares, a total of fifteen million, four hundred and eightyfive thousand, seven hundred and ninety-nine (15,485,799) new common shares were subscribed
between October 16, 2015, inclusive, and October 20, 2015, inclusive (First Additional
Preemptive Rights Period) at an issue price of R$0.15 (fifteen cents) per share, totaling two
million, three hundred and twenty-two thousand, eight hundred and sixty-nine Reais and eightyfive cents (R$2,322,869.85), which, added to the proceeds from the Initial Preemptive Rights
Period, is equivalent to sixty-two point nine, nine percent (62.99%) of the approved capital
increase, leaving nine billion, five million, three hundred and seventy thousand, two hundred and
ninety-one (9,005,370,291) unsubscribed common shares.
II. Second Additional Period for the Subscription of Unsubscribed Shares:
(a)

Unsubscribed shares may be subscribed by shareholders who have expressed interest in

reserving the remaining unsubscribed shares in the respective subscription order, within three
(3) days, beginning on October 26, 2015, inclusive, and ending on October 28, 2015, inclusive,
(Second Additional Preemptive Rights Period), by signing a new subscription order.
(b) The ratio for the subscription of new shares will be 581.5244205998024 shares for every
share

subscribed

during

the

Initial

Preemptive

Rights

Period

(equivalent

to

58152.44205998024%).
(c) The issue price of the remaining shares will be the same issue price approved by the
Extraordinary Shareholders Meeting of August 26, 2015, i.e. R$0.15 (fifteen cents) per share.
(d)

The shares subscribed by the shareholders under the capital increase shall be paid upon

subscription in Reais.

III. Procedures for Subscription:

Shareholders or assignees of preemptive rights may exercise said rights as of October 26, 2015,
inclusive. Those whose shares are held in custody by the BM&FBOVESPA shall exercise their rights
through their custodian agents and those whose shares are held by the Companys depository
agent, shall do so by means of the applicable documents at any of its specialized branch, by paying
the subscription price in cash and filling out the respective subscription order, available at the
addresses below:
Braslia Branch Specialized in Securities
SCS Quadra 3 - Edif. DAngela, 30 - Bloco A, Sobreloja
Centro - Braslia/DF
CEP: 70300-500
Belo Horizonte Branch Specialized in Securities
Av. Joo Pinheiro, 195 Subsolo
Centro - Belo Horizonte/MG
CEP: 30130-180
Curitiba Branch Specialized in Securities
R. Joo Negro, 65 Sobreloja
Centro - Curitiba/PR
CEP: 80010-200
Porto Alegre Branch Specialized in Securities
R. Sete de Setembro, 746 Trreo
Centro - Porto Alegre/RS
CEP: 90010-190
Rio de Janeiro Branch Specialized in Securities
Av. Almirante Barroso, 52 - 2 andar
Centro - Rio de Janeiro/RJ
CEP: 20050-005
So Paulo Branch Specialized in Securities
R. Boa Vista, 176 - 1 Subsolo
Centro - So Paulo/SP
CEP: 01092-900
Salvador Branch Specialized in Securities
Av. Estados Unidos, 50 - 2 andar - (Edif. Sesquicentenrio)
Comrcio - Salvador/BA
CEP: 40020-010

IV. Cancellation of the Unsubscribed Shares and Partial Approval:

Given that the minimum limit for the Capital Increase, of two billion Reais and ten cents
(R$2,000,000,000.10), has already been attained, the unsubscribed shares still remaining shall
be cancelled at the end of the Second Additional Preemptive Rights Period, under the terms of
Article 171, paragraph 7, line b of Law 6404-76.
The Company also hereby states that the deadline for shareholders to confirm their respective
decisions and subscribe to their portions of the Capital Increase will begin after the end of the
Second Additional Preemptive Rights Period, and will be the object of a new Notice to
Shareholders.
After the cancellation of the remaining unsubscribed shares, the Companys Board of Directors
will approve the Capital Increase in full or in part.
V.

Additional Information:

More information about the capital increase and the conditions for the subscription and payment
of the shares issued may be obtained through requests send to the following address:
ri@eneva.com.br or by dialing the shareholder services of Ita Depository Agent at the following
numbers: (11) 3003-9285, for state capitals and metropolitan regions, or 0800 720- 9285, for
all other locations.
Rio de Janeiro, October 23, 2015.

Ricardo Levy
Executive Vice President and Investor Relations Officer
ENEVA S.A. In Judicial Recovery