The Company communicates to the shareholders the own shares distribution in the Shareholders' Meeting held on October 5, 2023
The shareholders of IRSA INVERSIONES Y REPRESENTACIONES S.A. are informed that in accordance with the resolution of the Ordinary and Extraordinary General Shareholders Meeting held on October 5, 2023 and the provisions of the Board of Directors meeting on the same date, it has been arranged to distribute the company's own treasury shares for a total of 12,644,273 ordinary shares of 1 vote per share and V$N 10 each, according to the following conditions:
Process start date: October 12, 2023
Payment address: Caja de Valores S.A. 25 de Mayo 362, City of Buenos Aires
Time: Monday to Friday from 10:00 a.m. to 3:00 p.m.
Amount approved by the Assembly: 12,644,273 shares.
The distribution of the shares constitutes 0.01747849138 shares per ordinary share and 0.1747849138 per GDS, a percentage of 1.747849138% of the stock capital of 723,419,014 shares and V$N 10, net of treasury shares.
The fractions of shares will be settled in cash in accordance with the regulations of the Bolsas y Mercados Argentinos S.A. on fractions less than 1 share or 1 GDS.
It is recorded that the shares mentioned above will be received in the respective proportion by the holders of outstanding shares of the company as of October 11, 2023.