Report of Foreign Issuer (6-k)
February 01 2019 - 2:49PM
Edgar (US Regulatory)
FORM
6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of
Foreign Issuer
Pursuant to Rule
13a-16
or
15d-16
of
the Securities Exchange Act of 1934
For the month of February 2019
Commission File Number:
001-12568
BBVA French Bank S.A.
(Translation of registrants name into English)
Reconquista
199, 1006
Buenos Aires, Argentina
(Address of principal executive offices)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form
20-F
or Form
40-F:
Form
20-F
X
Form
40-F
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b) (1):
Yes
No
X
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(7):
Yes
No
X
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant 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
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b):
N/A
BBVA Banco Francés S.A.
TABLE OF CONTENTS
Item
Prisma Medios de Pago S.A. Tranfer of shares Closing dea
l.
City of Buenos Aires, February 1, 2019
Securities and Exchange Commissions
Ref.: Prisma Medios de Pago S.A. Tranfer of shares.
BBVA Francés S.A. hereby informs you, in regard with the relevant
facts published on January 22 and 23, 2019, that today has been completed the transfer of 2,344,064 common book-entry shares with a par value of $ 1 each and one vote per share, owned by the Bank in Prisma Medios de Pago S.A. in favor of AI
ZENITH (Netherlands) B.V. (company associated with Advent International Global Private Equity), equivalent to 51% of the Banks shareholding in said company (the Closing).
Likewise, we inform that, according to the foreseen in the offer for the sale of the referred actions carried out by AI ZENITH (Netherlands)
B.V. (the Buyer), and accepted by the Bank (the Offer), the estimated total price adjusted at the Closing date is USD 78,265,272.99 , of which the Bank received today USD 46,457,209.53 and the payment of difference that is
the amount of USD 31,808,063.46 will be deferred during the next 5 (five) years (the Price Balance). The Price Balance will be paid (i) 30% of said amount in Pesos adjusted by CER at a rate of 15% nominal annual and (ii) 70% in USD at a
nominal annual rate of 10%.
The final price of the shares will be determined according to the mechanisms established in the Offer within a period of up to
60 days from closing, if it does not merit comments from the Buyer.
Without another particular, I greet you attentively.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
BBVA Banco Francés S.A.
|
|
|
|
|
Date: February 1, 2019
|
|
|
|
By:
|
|
/s/ Ernesto Gallardo
|
|
|
|
|
|
|
Name: Ernesto Gallardo
|
|
|
|
|
|
|
Title: Chief Executive Officer
|
Bbva Banco Frances (NYSE:BFR)
Historical Stock Chart
From Dec 2024 to Jan 2025
Bbva Banco Frances (NYSE:BFR)
Historical Stock Chart
From Jan 2024 to Jan 2025