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26 ABR

Announcement Definitive Price - Capital Increase

Following the material fact released on April 16, 2021, the Company announced the definitive subscription price for each new GDS or common share in the proposed offering of USD 3.60 and USD 0.36, respectively.

The Company announced that warrants that holders will receive, free of charge, for each new common share purchased, will have an exercise price of USD 0.432. The warrants will be exercisable after 90 days following their issuance, prior to their expiration on the fifth anniversary of their issue date, during the nine-day period from and including the 17th through the 25th day of each February, May, September and November, on the day prior to their expiration and on their expiration date (to the extent such dates are business days in New York City and in the City of Buenos Aires). Each warrant will entitle the holder thereof to purchase one additional common share.


The subscription period for the rights to acquire GDS will expire on May 3, 2021, and for common shares on May 6, 2021, unless extended by the Company.