BUENOS AIRES, Argentina--(BUSINESS WIRE)--
Grupo Supervielle S.A. (NYSE: SUPV) (Bolsas y Mercados Argentinos S.A.:
SUPV) (“Grupo Supervielle”) announces that,
on September 14, 2017, in connection with its previously announced
global offering of Class B shares of Grupo Supervielle, BofA Merrill
Lynch, as global coordinator and joint bookrunner, and Itaú BBA and J.P.
Morgan, as joint bookrunners, have exercised their option to purchase,
at the public offering price of US$4.00 per Class B share, or US$20.00
per American Depositary Share (“ADS”), an additional 14,582,730 Class B
shares, which may be represented by ADSs at the option of the
international underwriters. Each ADS represents five Class B shares. The
purchase of additional Class B shares is expected to close on September
19, 2017. As a result of the exercise of such option, an additional
867,267 Class B shares will be sold to existing shareholders pursuant to
their exercise of preemptive and accretion rights relating to such
option.
A registration statement on Form F-3 and a prospectus relating to the
Class B shares and the ADSs have been filed with the U.S. Securities and
Exchange Commission (the “SEC”) and the
registration statement is effective.
Copies of the prospectus and prospectus supplement related to the
offering in the United States and countries outside of Argentina (the “International
Offering”) may be obtained by contacting BofA Merrill Lynch,
NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC
28255-0001, Attention: Prospectus Department, or: dg.prospectus_requests@baml.com;
J.P. Morgan Securities LLC, 1155 Long Island Avenue, Edgewood, NY 11717,
Attention: Broadridge Financial Solutions, Telephone: 1-866-803-9204,
Email: prospectus-eq_fi@jpmchase.com;
or Itaú BBA, Attention: Equity Sales Desk, 767 Fifth Avenue, 50th Floor,
New York, NY 10153, or 1-212-710-6756. Copies of the registration
statement, the prospectus and the prospectus supplement related to the
International Offering can be accessed through the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there be any
sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
Forward Looking Statements
This press release includes statements concerning potential future
events involving Grupo Supervielle that could differ materially from the
events that actually occur. The differences could be caused by a number
of risks, uncertainties and factors relating to Grupo Supervielle’s
business (please see “Risk Factors” in the prospectus supplement
relating to the Global Offering and our 2016 Form 20-F filed with the
SEC on May 1, 2017). Grupo Supervielle does not undertake to update any
forward-looking statements made in this press release to reflect future
events or developments. No assurance can be given that the purchase of
Class B shares described above will be consummated.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170915005932/en/
Source: Grupo Supervielle S.A.