Company Announcements

Decision in Pol Ka Dispute

Source: RNS
RNS Number : 8723F
Grupo Clarin S.A.
20 July 2021
 

 

 

GRUPO CLARIN S.A.

Court renders decision in Pol-Ka Producciones S.A. Dispute

 

On 19 July2021, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that, in connection with its notice dated 13 May 2021, its subsidiary Arte Radiotelevisivo Argentino S.A. had been informed by its subsidiary Pol Ka Producciones S.A. ("Pol Ka") that Pol Ka had been served notice of a decision rendered by the National First Instance Court on Commercial Matters No. 3, Secretariat No. 6 of the City of Buenos Aires in re "Blanco, Fernando v. Pol-Ka Producciones S.A. on Ordinary Proceeding" (File No. 9979/2020), whereby that court decided: a) to maintain, for 90 days, the suspension of the equity increase from Ar$ 8,269,108 to up to Ar$ 51,500,000 (nominal value), the amendment of Article Five of Pol Ka's bylaws and the authorization granted to certain individuals to register the resolutions adopted by Pol Ka's shareholders at the meeting of 13 July 2020 with the Corporate Registry , b) to instruct the appointed observer to inform certain company matters to the court that, according to the judge, will help clarify certain facts under debate in the litigation, and c) to schedule a hearing for 10 August 2021 to be attended by claimant and the President of the defendant, pursuant to Article 36, paragraph 2 of the National Code of Civil and Commercial Procedures.

 

Enquiries:

 

In Buenos Aires:

Samantha Olivieri / Valentina López

Grupo Clarín

Tel: +5411 4309 7215

Email: investors@grupoclarin.com 

 

In London:

Alex Money

Jasford IR

Tel: +44 20 3289 5300

Email: alexm@jasford.com 

 

In New York:

Camilla Ferreira / Marcella Ewerton Dragone

Fig Corporate Communications

Tel: +1 917 691 4047

Email: fig@fig.ooo

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
STRSEUFLSEFSESW
image