The Company reported that due to the cash dividend distributed on May 9, 2024, the terms and conditions of the outstanding warrants for common shares of the Company, have been modified as follows:
Amount of shares to be issued per warrant:
Ratio previous to the adjustments: 1.2272 (Nominal Value ARS 10);
Ratio after the adjustments (current): 1.3070 (Nominal Value ARS 10).
Warrant exercise price per new share to be issued:
Price previous to the adjustments: USD 0.3522 (Nominal Value ARS 10);
Price after the adjustments (current): USD 0.3307 (Nominal Value ARS 10).
The other terms and conditions of the warrants remain the same.
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IRSA Inversiones y Representaciones Sociedad Anonima is a holding company. The Company invests on its own behalf and through investee companies in companies operating in various sectors of the Israeli and global economy. The Company's segments are Cellcom, which includes cellular telephone services, content and added value services, other services and revenues from the sale of end user equipment in the cellular field; Property and Buildings and projects in Las Vegas, which includes the rental of income-generating properties and residential buildings; Shufersal, which includes retail and the rental of income-generating properties; Adama, which includes the sale of agro products and non-agro products; Clal Insurance Enterprise Holdings, which operates through subsidiary companies in the fields of insurance, pensions and provident funds, in the field of financial services and in the holding of assets and real businesses, and Others.