It will be available to the shareholders as of November 14, 2019, a dividend in the amount of ARS 480,000,000, payable in shares of IRSA Propiedades Comerciales S.A., according to the price of the shares of that company as of October 29, 2019.
The shareholders are informed that in accordance with the resolution of the Ordinary and Extraordinary General Assembly dated October 30, 2019 and the Board meeting dated October 31, 2019, it will be available to the shareholders as of November 14, 2019 (“Date of Provision”), a dividend in the amount of ARS 480,000,000, payable in shares of IRSA Propiedades Comerciales S.A., according to the price of the shares of that company as of October 29, 2019. The Company will pay the sum of 2,341,463 shares of IRSA Propiedades Comerciales S.A. at a ratio of 0.00404623926578 shares IRSA Propiedades Comerciales S.A. per IRSA share and 0.0404623926578 per IRSA ADR.
The Dividend will be charged to the fiscal year ended June 30, 2019, and it will be paid to all shareholders that have such quality as of November 13, 2019 according to the record kept by Caja de Valores S.A.
Additionally, it is reported that in order to harmonize the payment of the dividend in the local market and in the foreign market, the Board of Directors has decided that the dividend will be made available to the Shareholders on November 14, 2019.