form6k
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT OF
FOREIGN ISSUER
PURSUANT TO RULE
13a-16 OR 15b-16 OF
THE SECURITIES
EXCHANGE ACT OF 1934
For
the month of November, 2020
IRSA
Propiedades Comerciales S.A.
(Exact name of Registrant as specified in its charter)
IRSA
Commercial Properties Inc.
(Translation of registrant´s name into English)
Republic
of Argentina
(Jurisdiction of incorporation or organization)
Moreno
877
(C1091AAQ)
Buenos
Aires, Argentina
(Address of principal
executive offices)
Form 20-F ⌧ Form
40-F ☐
Indicate by
check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes ☐ No
x
IRSA
Propiedades Comerciales S.A.
(THE
“COMPANY”)
REPORT
ON FORM 6-K
Attached is the
English translation of the summary of the letter dated November 13,
2020, filed by the Company with the Bolsas y Mercados Argentinos and the
Comisión Nacional de
Valores.
By letter dated November 13, 2020, The Company informs that in
accordance with the resolution of the Ordinary and Extraordinary
General Shareholders Meeting dated October 26, 2020 and the Board
of Directors meeting dated November 13, 2020, a cash dividend of
ARS 9,700,000,000 charged to the year ended on June 30, 2020
equivalent to 7697,55436001% of the stock capital will be made
available to the shareholders on November 25, 2020 (“Date of
Provision”).It is clarified that based on the powers delegated
to the Company's Board of Directors, the dividend will be paid in a
single installment, leaving the payment schedule without
effect.
The amount per share will be (V$N 1) ARS 76.9755436001 and the amount per ADR's (Arg. Pesos
per ADR) of ARS 307.9021744004, payable to all shareholders that have
such quality as of November 24, 2020 according to the registry led
by Caja de Valores S.A.
In accordance with the resolutions of the aforementioned
Shareholders Meeting and the Board of Directors, the shareholders
will receive payment in United States dollars in the Argentine
Republic (CVSA Code 10,000) at a conversion rate to that currency
that will be set according to the selling currency exchange rate
reported by the National Bank of Argentina at the close of the
business day immediately prior to the day of payment. Likewise,
shareholders may choose to receive payment in US dollars New York
Plaza (CVSA Code 7000), complying with the requirements and
presentations established for this purpose by Caja de Valores SA,
until 5:00 p.m. on November 20, 2020 inclusive.
Shareholders who wish to exercise the option should contact their
depositary or Caja de Valores SA, as the case may be, to obtain
advice on the mechanisms enabled by the following means: Telephone:
0810-888-7323 and email: reclamosysugerencias@cajadevalores.com.ar.
It
is reported that in the case that the beneficiary of the dividend
is a human person and / or an undivided succession and / or a
beneficiary from abroad, on the amounts to be paid, a withholding
of 7% will be made in accordance with the provisions of the Income
Tax Law, since these are results originated in years beginning
after January 1, 2018
SIGNATURES
Pursuant to the
requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized, in the city of
Buenos Aires, Argentina.
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IRSA Propiedades Comerciales
S.A.
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By:
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/S/ Saúl
Zang
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Name:
Saúl Zang
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Title:
Responsible of relationship with the markets
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Dated: November 13,
2020