Report of Foreign Issuer (6-k)
April 12 2018 - 6:07AM
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 April, 2018
Commission
File Number 001-35591
GRAÑA Y MONTERO S.A.A.
|
(Exact name of registrant as specified in its charter)
|
|
GRAÑA Y MONTERO GROUP
|
(Translation of registrant’s name into English)
|
Republic of Peru
|
(Jurisdiction of incorporation or organization)
|
|
Avenida Paseo de la República 4667, Lima 34,
|
Surquillo, Lima
|
Peru
|
(Address of principal executive offices)
|
Indicate by
check mark whether the registrant files or will file annual reports
under cover 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): [ ]
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): [ ]
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__
If "Yes" is
marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): Not applicable.
April 11, 2018
Messrs.,
Superintendencia del Mercado de Valores – SMV
Present.
-
Reference: Asset Sale
Dear Sirs:
On March 28, 2018, we announced the signing of a share transfer
agreement between GyM S.A. and STRACON S.A.C., where GyM S.A. is obliged
to transfer in favor of STRACON S.A.C. its entire stake in STRACON GyM
S.A. (87.59%) for a value of US $ 76'820,000.00 (the "Transaction").
Also, it was reported that the closing of the Transaction is subject to
the verification of different precedent conditions within the term of 10
business days counted from the date of the aforementioned contract
signing (the "Closing Process").
Today, April 11, 2018, the Closing Process was successfully concluded.
In that sense, we comply with communicating as a Relevant Information
Communication, the conclusion of the sale process of the stake of GyM
S.A. in STRACON GyM S.A. in favor of STRACON S.A.C., according to the
terms and conditions agreed by the parties.
As we announced, all of the net flows from the sale have been used to
amortize the debt of GyM SA, construction company of Graña y Montero
Group, with the main banking entities of the country, allowing a 55%
reduction of its debt.
With this, the company sets an important milestone in its financial
strengthening process and focus its activities on engineering,
procurement and construction contracts for the mining sector, thanks to
the experience and expertise in that sector.
Sincerely,
___________________________
/s/ Luis Francisco Diaz Olivero
Stock
Market Representative
Graña y Montero S.A.A.
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.
GRAÑA Y MONTERO S.A.A.
By: /s/ LUIS FRANCISCO DIAZ OLIVERO
Name: Luis Francisco Diaz Olivero
Title:
Stock Market Representative
Date: April 11, 2018
Grana y Montero SAA (NYSE:GRAM)
Historical Stock Chart
From May 2024 to Jun 2024
Grana y Montero SAA (NYSE:GRAM)
Historical Stock Chart
From Jun 2023 to Jun 2024