Quilmes Industrial (Quinsa), Societe Anonyme Announces the Outcome of Its Recent Amendment to Its Articles of Association
April 16 2008 - 4:54PM
PR Newswire (US)
LUXEMBOURG, April 16 /PRNewswire-FirstCall/ -- Quilmes Industrial
(Quinsa), Societe Anonyme ("Quinsa" or the "Company") announced
today that by decision of the extraordinary general meeting of
shareholders of 4th April 2008 its articles of association were
amended in order to suppress with immediate effect the rights
attached to the Class A shares allowing the conversion of the Class
A shares into Class B shares. As a consequence no further
conversions of Class A shares into Class B shares shall be
permitted. The updated version of the articles of association can
be downloaded on http://www.quinsa.com/ or obtained free of charge
at the registered office of the Company. ABOUT QUINSA Quinsa is a
Luxembourg-based holding company that controls approximately 93% of
Quilmes International (Bermuda) ("QIB"). The remaining stake is
held by Companhia de Bebidas das Americas-AmBev ("AmBev"). Quinsa,
through QIB, controls beverage and malting businesses in five Latin
American countries. Its beer brands are strong market leaders in
Argentina, Bolivia, Paraguay and Uruguay, and have a presence in
Chile. Further, pursuant to the Company's strategic alliance with
AmBev, it has entered into license and distribution agreements to
produce and sell in Argentina, Bolivia, Chile, Paraguay and Uruguay
the AmBev brands. Similarly, under the agreements, AmBev may
produce and distribute Quinsa's brands in Brazil. The Company also
has bottling and franchise agreements with PepsiCo, and thus
accounts for 100% of PepsiCo beverage sales in both Argentina and
Uruguay. Quinsa's Class A and Class B shares are listed on the
Luxembourg Stock Exchange (Reuters codes: QUIN.LU and QUINp.LU).
Quinsa's web address: http://www.quinsa.com/ CONTACT: Guillermo
Zuzenberg Quilmes Industrial (Quinsa) S.A. +5411-4349-1846
DATASOURCE: Quilmes Industrial (Quinsa) S.A. CONTACT: Guillermo
Zuzenberg, Quilmes Industrial, +011-5411-4349-1846 Web site:
http://www.quinsa.com/
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