The Bank of New York Mellon (“BONY”), depositary bank of the GDS, announced December 7, 2023 as the record date for the dividend payment and the treasury shares distribution to GDS holders, approved by the Shareholders’ Meeting held on October 5, 2023.
The estimated cash dividend announced is approximately USD/GDS 0.868209 and it was calculated considering the blue chip swap FX of ARS/USD 1,018.98 and it does not consider the performance of the “Super Ahorro $” common investment fund, where the company deposited the dividend funds until the BONY could transfer them in favor of the GDS holders.
Due to the restrictions informed in the material fact published on October 20, 2023, the payment date of the dividend and treasury shares distribution has not been defined yet. The Company reminds that such distribution is of 0.01748 GDS per each GDS and represents 1.7478% of the stock capital.
The effective amount of the cash dividend will be set when the payment date is determined, in accordance with the FX and the net performance of the aforementioned common investment fund.