The Company communicates to the Shareholders' the payment of a cash dividend approved in the Shareholders' Meeting held on October 28, 2022
The shareholders are informed 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 4,340,000,000, charged to the year ended on June 30, 2022, equivalent to 541,438059261% of the stock capital with collection right represented by a total of 801,569,067 shares, will be made available to the shareholders as of November 8, 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 5.41438059261 and the amount per each Global Depositary Share (GDS) wil be ARS 54.1438059261, payable to all shareholders that have such quality as of November 7, 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.
GDS 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 GDSs 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. Consequently, it is made known that the distribution is not subject to the 35% withholding established in section 74 of the Income Tax Law, (T.O. Decree 824/2019 and modifications), since the dividends to be distributed do not exceed the earnings determined based on the application of the general rules of said law.