Buenos Aires, June 8, 2023 – Banco BBVA Argentina S.A (NYSE;
BYMA; MAE: BBAR; LATIBEX: XBBAR) announced yesterday the approval
of dividend payment schedule
BUENOS
AIRES, Argentina, June 8, 2023
/PRNewswire/ -- The Shareholders of Banco BBVA Argentina S.A. are
hereby notified that, as resolved by the General Ordinary and
Extraordinary Shareholders ̓ Meeting held on April 28, 2023, the authorization of the
Argentine Central Bank Financial and Exchange Entities Authority
obtained on May 31, 2023 and the
Board of Directors meeting held on June 7,
2023, the payment of a dividend in the amount of AR$
50,401,015,479 to be paid in kind through the delivery of
49,524,433,015 in aggregate principal amount of the Argentine
Treasury bill in pesos adjusted by CER at a discount due
November 23, 2023. (ISIN
ARARGE520DT9) Ticker X23N3 (CV code 9197) was approved and the
following dividend payment schedule was resolved:
2023
|
Installment
Nº
|
Cut-Off
Date
|
Payment
date
|
Argentine Treasury
Bill in Pesos adjusted by
CER at a discount due on November 21, 2023.
Principal
Amount
|
1
|
June 22
|
June 27
|
8,254,072,169.
|
2
|
July 17
|
July 20
|
8,254,072,169.
|
3
|
August 3
|
August 8
|
8,254,072,169.
|
4
|
September 5
|
September 8
|
8,254,072,169.
|
5
|
October 2
|
October 5
|
8,254,072,169.
|
6
|
October 27
|
November 1
|
8,254,072,169.
|
Each time the dividend is made available, the corresponding
payment notice will be issued, stating again: i) the amount of
securities to be made available to the shareholders; ii) the amount
of securities per share; and iii) whether the dividend to be paid
is subject to any type of tax withholding. Fractions of less than 1
will be settled in Pesos, at the closing price of the record
date.
In this regard, it is hereby informed that:
i) The payment dividends to all Shareholders shall be made in
kind, unless they express, for each installment, their decision to
receive it in Argentine Pesos.
The dividend will be made available as of the indicated date,
through Caja de Valores S.A. located
at 25 de Mayo 362, Autonomous City of Buenos Aires; on business
days from 10:00 a.m. to 3:00 p.m.,
where they must comply with the required formalities and the
settlements will be made in accordance with the regulatory
deadlines.
ii) Shareholders who choose to receive Argentine pesos must send
a written notice, signed by the holder of the shares, to Banco BBVA
Argentina S.A. at the following e-mail address:
corporateactions.group@bbva.com, or on business days to Torre BBVA,
Av. Córdoba 111, 26 th. Floor, Autonomous City of Buenos Aires. C/O
Ezequiel Serra, the term to do so will be informed in the
corresponding payment notice. In this case, the dividend will be
made available through Banco BBVA Argentina S.A. from 10:00 am to 3:00 pm. at Av. Córdoba 111,
Autonomous City of Buenos Aires.
Those shareholders who hold their shares in the Shareholders'
Registry kept by Caja de Valores
S.A. on behalf of Banco BBVA Argentina S.A. should contact
such entity at the e-mail address corporateactions.group@bbva.com
to obtain information on the procedure applicable for the purpose
of disposing of the securities as dividends in kind.
Holders of American Depositary Shares (ADSs) will receive
payment through the depository bank, Bank of New York Mellon, as of
the date resulting from the application of the rules in force in
the jurisdiction where Banco BBVA Argentina S.A.'s ADSs are listed.
In this regard, the cut-off and/or payment dates may differ from
those reported herein.
It is expressly stated that the Shareholders holdings of shares
recorded as of the Cut-Off Date will be the only ones taken into
account for purposes of the payment of the declared dividend.
Notices given by those who are not holders of shares of Banco BBVA
Argentina S.A. as of the Cut-Off Date shall be deemed not to have
been submitted and shall be null and void.
From the distribution of dividends, the amounts duly paid by
Banco BBVA Argentina S.A., in its capacity as Substitute Obligor
for the Personal Property Tax corresponding to the periods 2021 and
2022 of Shareholders who have been subject to such tax, shall be
deducted, as the case may be, in accordance with the terms of the
last paragraph of section incorporated by Law No. 26,452 after
section 25 of Law No. 23,966.
Likewise, it is informed that with respect to Income Tax, in
each payment notice, the tax withholding will be determined, if
applicable.
Simultaneously with this document, the notice corresponding to
the payment of the dividend corresponding to installment 1 is
published.
Contact: investorelations-arg@bbva.com
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SOURCE Banco BBVA Argentina S.A.