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CVH announces payments of dividends in kind

2 Sep 2021 11:24

RNS Number : 5516K
Cablevision Holding S.A.
02 September 2021
 

Cablevisión Holding S.A.

Cablevisión Holding Announces Payment of Dividends in Kind

 

On 31 August 2021, Cablevisión Holding S.A. (the "Company") informed its shareholders of the payment of the dividends in kind approved at the General Extraordinary Shareholders' Meeting held on that date, by publishing the following notice:

 

"We hereby notify the shareholders of Cablevisión Holding S.A. ("CVH" or the "Company") that at the General Extraordinary Shareholders' Meeting held on 31 August 2021 (the "Shareholders' Meeting"), the shareholders resolved to distribute, as dividends in kind: i) Global Bonds of the Republic of Argentina payable in United States Dollars due on 9 July 2030, ISIN Code GD30 - ISIN US040114HS26 ("Global Bonds Due 2030") with a nominal value of USD 144,747,958, and ii) Global Bonds of the Republic of Argentina payable in United States Dollars due on 9 July 2035, ISIN Code GD35 - ISIN US040114HT09 ("Global Bonds Due 2035") with a nominal value of USD 72,932,173, at a ratio of nominal value USD 0.80129478886 Global Bonds Due 2030 and nominal value USD 0.40373744108 Global Bonds Due 2035 per share of the Company, and to settle in Argentine pesos any fraction of less than USD 1 that may apply, with the right to collect such dividends at the same ratio combination of both kinds for all classes of shares of the Company, ii) to reverse partially the "Voluntary Reserve for Illiquid Results" that amounted AR$ 158,387 million in constant currency as of 31 July 2021, by AR$ 14,440,508,999.45 and iii) to delegate powers on the Board of Directors to put the bonds at the disposal of the shareholders, transfer them and pay the dividends in kind within the terms set forth in the applicable regulations and to carry out any acts and/or payments that may be necessary to put the bonds at the disposal of the shareholders, transfer them and pay the dividends in kind."

 

 

 

Enquiries:

 

Mrs. Samantha Olivieri

Head of Investor Relations

 

Ms. Valentina López

Sr. Analyst of Investor Relations

 

www.cvh.com.ar

Email: ir@cvh.com.ar

Tel: (+54 11) 4309 - 3417

 

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