Friday, May 27, 2022

Equity Corporate Actions Alert #2022 - 120
Information Regarding the Merger of IRSA Propiedades Comerciales S.A. (IRCP)

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  • Industry Announcement

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On May 20, 2022, BNY Mellon announced a merger of IRSA Propiedades Comerciales S.A. American Depositary Shares by way of absorption into IRSA Inversiones y Representaciones S.A. (NYSE: IRS). The merger will become effective Monday, May 30, 2022. The details are as follows:

Company/Issue: IRSA Propiedades Comerciales S.A. American Depositary Shares
CUSIP#: 463588103
Symbol: IRCP
Last Trading Date: Monday, May 27, 2022
Marketplace Effective Date for Suspension: Monday, May 31, 2022
Merger Consideration: 0.56 IRSA Inversiones Y Representaciones S.A. for each ADR held with an issuance fee of $0.05


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