- Report of Foreign Issuer (6-K)
November 02 2011 - 2:45PM
Edgar (US Regulatory)
UNITED STATES
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, 2011
CRESUD SOCIEDAD ANONIMA COMERCIAL INMOBILIARIA
FINANCIERA Y AGROPECUARIA
(Exact name of Registrant as specified in its charter)
CRESUD INC.
(Translation of registrants name into English)
Republic of Argentina
(Jurisdiction of incorporation or organization)
Moreno 877, 23
rd
Floor, (C1091AAQ)
Buenos Aires, Argentina
(Address of principal executive offices)
Form 20-F
x
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
CRESUD S.A.C.I.F. and A
(THE COMPANY)
REPORT ON FORM 6-K
Attached is an English translation of the summary of
the letter dated October 31, 2011 filed by the Company with the
Bolsa de Comercio de Buenos Aires
and the
Comisión Nacional de Valores
.
By letter dated October 31, 2011, the Company reported the following Summary of the resolutions adopted
at the captioned Shareholders Meeting:
|
1.
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To ratify the early dividend duly approved by the Company´s Board of Directors for an amount of Ps. 69,000,000.
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2.
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To allocate 5% of the fiscal year results (i.e. Ps. 10,628,250) to the Legal Reserve account.
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3.
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To pay a cash dividend of Ps. 63,800,000, and allocate the remaining balance to the Free Availability Reserve account.
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4.
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The allocation of the treasury stocks in portfolio into the incentive plan to certain employees of the Company of an amount up to 1% of the outstanding capital of the
Company, i.e. up to Ps.22,135,370, through the allocation of the equivalent treasury stocks today in portfolio, and delegating to the Board of Directors the powers to set the price, term, forms, methods, opportunities, and others conditions for
regulating the said plan;
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5.
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That the amount regarding the personal property tax paid for the amount of Ps. 9,282,211.79 is fully absorbed by the Company meanwhile such decision is not modified by
shareholders meeting.
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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.
CRESUD SOCIEDAD ANONIMA COMERCIAL INMOBILIARIA
FINANCIERA Y AGROPECUARIA
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By:
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/S/ Saúl Zang
|
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Name: Saúl Zang
Title: Vice Chairman of the Board of Directors
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Dated: November 02, 2011.
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