Banco BBVA Argentina S.A. announced payment of installment 3 of 3 of dividend payment schedule
The Shareholders of
In this sense, Installment 3 will be made available and paid for the sum of
Non-resident shareholders
Non-resident shareholders will receive payment in pesos, unless they express their intention to receive payment of their dividends with National Treasury Bonds in pesos adjusted by CER 4.25% due
One day before the payment date, a complementary payment notice will be published informing the market price of the Bonds to be delivered.
Resident shareholders
Payment to resident shareholders will be made in pesos (the "Payment in Pesos"), unless they express their intention to receive Payment in Kind, sending an email to corporateactions-arg@bbva.com until
General terms and conditions of dividend payment
Payment date:
Cut-off date:
Those shareholders who own their shares within the scope of the Shareholder Registry that
Payment in Pesos will be made available from the indicated date, through Caja de Valores S.A located at 25 de Mayo 362, Autonomous City of Buenos Aires, on business days from
Payment in Kind will be made available through
It is expressly established that the share holdings of the Shareholders registered on the Cut-Off Date of each installment will be the only ones taken into account for the purposes of paying the declared dividend. Notifications made by those who do not turn out to be holders of shares of
American Depositary Shares (ADS)
Holders of American Depositary Shares (ADS) will receive payment through the depositary bank, Bank of New York Mellon, from the date determined by application of the rules governing the jurisdiction where the Bank's ADSs are listed. In that sense, the cut-off and/or payment dates may differ from those reported here.
Tax withholdings
The dividends that are proposed to be declared are subject to the 7% withholding established in article 97 of the Income Tax Law, text ordered in 2019.
From the distribution of dividends, where applicable, the amounts duly paid by the Bank, in its capacity as Substitute Responsible for the Personal Property Tax corresponding to the periods 2022 and 2023 of those Shareholders who have been reached by the referred tax, all in accordance with the terms of the last paragraph of the article incorporated by Law No. 26,452 following article 25 of Law No. 23,966.
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