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 June, 2017
 
  IRSA Inversiones y Representaciones Sociedad Anónima
(Exact name of Registrant as specified in its charter)
 
IRSA Investments and Representations Inc.
(Translation of registrant´s name into English)
 
  Republic of Argentina
(Jurisdiction of incorporation or organization)
 
Bolívar 108
(C1066AAB)
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 INVERSIONES Y REPRESENTACIONES SOCIEDAD ANÓNIMA
(THE “COMPANY”)
 
REPORT ON FORM 6-K
 
Attached is the English translation of the summary of the letter dated June 27, 2017, filed by the Company with the Bolsa de Comercio de Buenos Aires   and the Comisión Nacional de Valores .
 
By letter dated June 27, 2017, the company reported that in order to supplement what was informed on May 4, 2017 regarding IDB Development Corporation Ltd ("IDBD") stake in Clal Insurance Enterprise Holdings Ltd. ("Clal"), as detailed in the annual financial statements for the fiscal year 2016 and the quarterly financial statements as of March 31, 2017 of IDBD and its corresponding notes.
 
In this regard, it is reported that on 25 June 2017 IDBD received a copy of the note from the Capital Markets, Insurance and Savings Commission of Israel (the "Commission") sent to the Trustee, under which the Commission ordered the Trustee to sell, on September 3, 2017, 5% of Clal's shares under its administration.
 
 
 
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.
 
 
 IRSA Inversiones y Representaciones Sociedad Anónima
 
 
 
 By:
 /S/ Saúl Zang
 
 
 
 Name: Saúl Zang
 
 
 
 Title: Responsible of relationship with the markets
 
Dated: June 28 , 2017
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