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News

02 NOV

Cash Dividend Payment

The Company communicates to the Shareholders' the payment of a cash dividend approved in the Shareholders' Meeting held on October 28, 2022.

The Company informs its Shareholders that, in accordance with the resolution of the Ordinary and Extraordinary General Shareholders’ Meeting dated October 28, 2022 and the Board of Directors meeting dated October 31, 2022, a cash dividend of ARS 3,100,000,000, charged to the year ended on June 30, 2022, equivalent to 528,6641903047% of the stock capital with collection right represented by a total of 586,383,579 shares, will be made available to the shareholders as of November 11, 2022, or on the subsequent date resulting from the application of the regulations in the jurisdictions where the Company's shares are listed (“Date of Provision”).

 

 

The amount per ordinary share will be (VN$1) ARS 5.286641903047 and the amount per each American Depositary Share (ADS) will be ARS 52.86641903047, payable to all shareholders that have such quality as of November 10, 2022, according to the registry led by Caja de Valores S.A.

 

 

Payment will be made through Caja de Valores S.A., at its address located at 25 de Mayo 362, City of Buenos Aires, from 10 am to 3 pm.

 

 

ADS holders will receive the amounts corresponding to the dividend through The Bank of New York Mellon, depositary of said certificates as of the date resulting from the application of the regulations in force in the jurisdiction where the Company's ADSs are listed.

 

 

It is reported that the distribution of dividends has its origin in results accrued in fiscal years beginning prior to January 1, 2018, reason why it is subject to the 7% withholding established in section 97 of the Income Tax Law (T.O. Decree 824/2019 and mod.)