UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of April 2019
Commission File Number: 001-13464
Telecom Argentina S.A.
(Translation of registrant’s name into English)
Alicia Moreau de Justo, No. 50, 1107
Buenos Aires, Argentina
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
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Form 20-F |
X |
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Form 40-F |
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
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Yes |
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No |
X |
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
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Yes |
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No |
X |
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Telecom Argentina S.A.
Item
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Buenos Aires, April 24, 2019
Chairman of the Comisión Nacional de Valores
Lic. Marcos Ayerra
Dear Sirs,
RE.: Relevant Matter – General Ordinary and Extraordinary Shareholders’ Meeting held on April 24, 2019
I am writing to you in my capacity as Chairman of TELECOM ARGENTINA S.A. (“Telecom Argentina” or the “Company”), in order to inform you that the General Ordinary and Extraordinary Shareholders’ Meeting held today, at which time the following Third Item of the Agenda was addressed, resolved:
.- To approve the proposal of the Board of Directors adjusted as of March 31, 2019 using the National Consumer Price Index (IPC Nacional) published on April 16, 2019 pursuant to Resolution No. 777/2018 of the Comisión Nacional de Valores (CNV), consisting of the following allocation of the Retained Earnings as of December 31, 2018:
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In Pesos |
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Retained Earnings as of December 31, 2018 (in constant currency of March 31, 2019) |
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30,102,883,523 |
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To Legal Reserve |
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(297,363,703) |
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To Cash Dividends |
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(6,300,000,000) |
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To Voluntary reserve for future cash dividends |
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(7,045,307,602) |
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To Voluntary reserve to maintain the level of investments in capital assets and the current level of solvency of the Company |
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(16,460,212,218) |
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To New Fiscal Year |
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.- Moreover, the following was also approved:
a) The cash dividends for a total amount of P$6,300,000,000 (equivalent to P$2.925214779 per share of P$1 – nominal value outstanding as of the date) will be made available to shareholders on May 7, 2019.
b) Delegate to the Board of Directors of the Company the powers to resolve, based on the evolution of the business, to withdraw, totally or partially, on one or more times, the amount of up to P$7,045,307,602 from the “Voluntary reserve for future cash dividends” and its distribution as cash dividends to the shareholders, being entitled to exercise these delegated powers until December 31, 2019.
Sincerely,
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Telecom Argentina S.A. |
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/s/ Alejandro A. Urricelqui |
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Chairman |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Telecom Argentina S.A. | |||
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Date: |
April 24, 2019 |
By: |
/s/ Gabriel P. Blasi | |
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Name: |
Gabriel P. Blasi | |
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Title: |
Responsible for Market Relations | |