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Dear Participant
Depósito Central de Valores (DCV) informs that as agreed in Tech Pack S.A. Special Shareholders’ Meeting held on April 16, 2014, the number of shares in which the corporate capital is divided will be reduced.
The reduction of the current number of shares in which the corporate capital is divided will be carried out by means of trading 1 share per every 100 shares held by shareholders at the closing day of July 4, 2014. The exchange of shares will take place on Monday 7, 2014.
The company may adjust the trade ratio when the number of shares held by each shareholder is not a multiple of 100, being the issuer, in this case, authorized to compensate each shareholder in funds for the part that he would have been entitled to for the shares that remain unredeemed. Said compensation will be available to shareholders together with the new securities issued born of the redemption and will be paid by means of check deposited in the accounts registered in DCV Registros S.A., the entity that acts as Administrator of the Shareholders’ Registry of the issuing company Tech Pack S.A.
The price per share for the compensation in funds is $3,191 per share, the weighed average of the share transactions during the period of 60 business days between the thirtieth and ninetieth business day prior to the Meeting date.
In accordance with the preceding, Tech Pack S.A. share Depositors will see the referenced automatically applied to their position accounts as of Monday July 7, 2014.
Sincerely yours,
DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES
