REG - Grupo Clarin S.A. - Subsidiary Inversora de Eventos sells Auto Sports

Grupo Clarin SAAnnouncement

11/02/2022 07:00

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RNS Number : 3650B  Grupo Clarin S.A.  10 February 2022

 

 

GRUPO CLARIN S.A.

Subsidiary Inversora de Eventos S.A. sells Auto Sports S.A.

 

On 10 February 2022, Grupo Clarín S.A. (the "Company") informed the Argentine
Securities Commission and the Buenos Aires Stock Exchange that on 9 February
2022 its subsidiary Inversora de Eventos S.A. ("IESA", the "Seller") had
received and accepted a binding offer from Tango Sports Team SRL the "Buyer")
whereby the buyer acquired from IESA all its shares participation of Auto
Sports S.A., representing 95.76% of the capital stock and votes of Auto Sports
S.A. (the "Shares").

 

According to terms and conditions of the offer, the closing date for the
payment of shares was arranged on 31 March 2022, and the purchase price that
IESA will receive in accordance with the transaction amounts USD 957,598.69
(United States Dollars nine hundred fifty seven thousand five hundred ninety
eight with 69/100).

 

 

Enquiries:

 

In Buenos Aires:

Samantha Olivieri / Valentina López

Grupo Clarín

Tel: +5411 4309 7215

Email: investors@grupoclarin.com (mailto:investors@grupoclarin.com)

 

In London:

Alex Money

Jasford IR

Tel: +44 20 3289 5300

Email: alexm@jasford.com (mailto:alexm@jasford.com)

 

In New York:

Camilla Ferreira / Marcella Ewerton

Fig Corporate Communications

Tel: +1 917 691 4047

Email: fig@fig.ooo (mailto:fig@fig.ooo)

 

 

 

 

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