Grupo Supervielle S.A. announces the payment of dividends for the fiscal year ended on December 31, 2018
Buenos Aires, May 2, 2019 – Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), (“Supervielle” or the “Company”) a domestic universal financial services group in Argentina with a nationwide presence, announced today that in accordance with the resolution of the Annual Ordinary Shareholders Meeting held on April 26, 2019 and approved by the Board of Directors on April 30, 2019, cash dividends will be distributed to Shareholders for the amount of P$ 303,000,000.00 on May 15, 2019.
The amount to be distributed is equivalent to 66.342279631% of the outstanding capital and the nominal value of its representative shares or P$0.66342279631 per outstanding share or P$3.31711398155 per ADS. The total amount of dividends to be distributed corresponds to earnings for the year ended on December 31, 2018.
The Record Date of this dividend payment is May 14, 2019. Payment will be made through Caja de Valores S.A. (25 de Mayo 362, City of Buenos Aires, Republic of Argentina), in accordance with the Listing Rules of Bolsas y Mercados Argentinos (BYMA). ADS Holders will receive payment through the Depositary Bank, The Bank of New York Mellon.
The distribution is not subject to the 35% withholding provided under the section immediately following section 69 of the Income Tax Law, since dividends distributed are not greater than the income determined according to the application of the Income Tax Law.
