Account freeze in connection with labor claimSource: RNS
GRUPO CLARIN S.A.
Court Freezes Company Accounts for up to
Approximately USD 446,000 in Connection with Labor Claim
On 3 September 2021, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that it had received an e-mail from Banco Mariva S.A. informing that the bank had received an order to freeze Company accounts for up to AR$ 45,931,110.07 in connection with a labor claim entitled "Martínez César Aníbal and other v. Grupo Clarín S.A. re: preliminary procedure", pending before the National First Instance Labor Court No. 77.
The Company is analyzing with its legal counsel the next judicial instances in order to protect its rights and will keep the public informed of any relevant developments in the case.
In Buenos Aires:
Samantha Olivieri / Valentina López
Tel: +5411 4309 7215
Tel: +44 20 3289 5300
In New York:
Camilla Ferreira / Marcella Ewerton Dragone
Fig Corporate Communications
Tel: +1 917 691 4047