Banco BBVA Argentina SA announces the payment of a dividend
Buenos Aires, Argentina, September 20, 2022 /PRNewswire/ — Banco BBVA Argentina SA (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) today announced the approval of the payment of the dividend
The Shareholders of Banco BBVA Argentina SA are informed that, in accordance with the decision taken by the Ordinary and Extraordinary General Meeting of April 29, 2022and the meeting of the Board of Directors held on June 16, 2022in connection with installment 10, of October 5, 2022 (“Payment Date”), a dividend in the amount of AR$1,097,100,750 (AR$1.7905707570 per share representing 179.0570757038% of the share capital of AR$612,710,079), corresponding to payment no. 10, will be made available to shareholders registered in the Bank’s share register on October 4, 2022 (“Registration Date”).
In this regard, it is reported that:
i) Payment of the dividend to all local shareholders will be made in Argentine pesos through Caja de Valores SA located at 362, 25 de Mayo St., Buenos Aires Town; working days from 10:00 a.m. to 3:00 p.m., where all formalities, formalities and regulations must be completed within the regulatory deadlines.
ii) The payment of the dividend to non-resident shareholders will be made in securities, unless (a) they express their decision to receive it in Argentine pesos, or (b) they do not inform within deadlines described below, the depositories necessary to make the payment with securities, in which case they will receive Argentine pesos.
a) Non-resident shareholders wishing to receive the following negotiable instrument: TREASURY BONDS $ (Argentina currency) Adjustable by the Reference Stabilization Ratio [AJ. CER ] 1.40% due 03/25/23 (ISIN ARARGE3208T6), must send of September 20 to October 4, 2022 includedduly signed by the holder or the depositary mentioning the name of the holder of these shares, for the Shareholders who hold their shares through a depositor (Bank, Agent or Stock Exchange).
This notice must be served on working days within the aforementioned period, from 10:00 a.m. to 3:00 p.m., to Banco BBVA Argentina SA Att. Ezequiel Serra – sent by e-mail ([email protected]), at 111 Córdoba Avenue, 26th floor, Buenos Aires City, indicating the beneficiary, the number of the originator and the depositor of Caja de Valores S.A.. or identification in the Register of Shareholders made by the Registrar: Caja de Valores S.A.., bank abroad to transfer the securities, account number, reference and any other information necessary for the proper allocation of the net dividend.
It is specified that in the event of non-receipt of the notification containing the required information within the period indicated, before October 4 2022, the Bank will pay the dividend in Argentine pesos according to the procedure indicated in point b) below.
b) On the other hand, non-resident shareholders who choose to receive Argentine pesos must send a written notice to that effect from September 20 to October 4, 2022 includedon working days included in this period, from 10 a.m. to 3 p.m., addressed to Banco BBVA Argentina SA – Att. Ezequiel Serra sent to e-mail ([email protected]), at 111 Córdoba Avenue, 26th floor, Buenos Aires City, and funds will be credited through Caja de Valores SA located at 362, 25 de Mayo St,, Buenos Aires Town; working days from 10 a.m. to 3 p.m., where all formalities and regulations must be completed within the regulatory deadlines.
For any request or request, please contact: Caja de Valores SA Telephone: 0810-888-7323 or e-mail [email protected].
Holders of American Depositary Shares (ADS) will receive payment through the depository bank, Bank of New York Mellon, from the date determined by the rules governing the jurisdiction in which the Company’s ADS is listed. .
It is expressly established that the share holdings of registered Shareholders on the Record Date will be the only ones taken into account for the payment of the declared dividend. Notices given by those who do not appear to be holders of shares in the Bank on the date of record shall be deemed not to have been given and shall be null and void.
The distribution of dividends will, where applicable, be deducted from the sums regularly paid by the Company, in its capacity as a Substitute for the Personal Property Tax corresponding to the periods 2019 and 2020 of the Shareholders who will have been affected by this tax, all in accordance with the terms of the last paragraph of the article incorporated by Law No. 26.452 following Article 25 of Law No. 23.966. It is also pointed out that, in accordance with the provisions of Law No. 27.430, modification of Income Tax Law No. 20.628 (third section without number added after section 90), no withholding tax is applicable since the dividends distributed correspond to the tax due – free profits for the periods prior to the start of January 1, 2018.
SOURCE Banco BBVA Argentina SA