Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
01 März 2023 - 10:32PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
COMPAÑÍA CERVECERÍAS UNIDAS S.A.
(Exact name of Registrant as specified in its charter)
UNITED BREWERIES COMPANY, INC.
(Translation of Registrant’s name into English)
Republic of Chile
(Jurisdiction of incorporation or organization)
Vitacura 2670, 23rd floor, Santiago, Chile
(Address of principal executive offices)
_________________________________________
Securities registered or to be registered pursuant to section 12(b) of the Act.
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F ___
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ___ No X
MATERIAL EVENT
COMPAÑÍA CERVECERÍAS UNIDAS S.A.
SECURITIES’ REGISTRY No 0007
March 1, 2023
Ms.
Solange Berstein Jáuregui
Chairwoman of the Financial Market Commission
Avenida Libertad Bernardo O`Higgins N° 1449
Santiago
Dear Sirs,
Pursuant to the provisions of Article 9 and paragraph
two of Article 10 of the Securities Market Law No. 18,045, and section II N° 1, 2.2.A of General Rule No. 30 of the Financial Market
Commission (the "CMF"), on behalf of the Board of Directors and being duly authorized thereto, I hereby inform you of
the following MATERIAL EVENT with respect to Compañía Cervecerías Unidas S.A. ("CCU") and its businesses:
Given
the announcement made on January 26th 2023, by the Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury,
to sanction the former president of Paraguay, Mr. Horacio Cartes Jara (the “OFAC sanction”), CCU is implementing measures
to terminate its association with Mr. Cartes in Bebidas del Paraguay S.A. and Distribuidora del Paraguay S.A., companies in which CCU
holds an indirect interest of 50.005% and 49.959%, respectively (the “Companies in Paraguay”).
Due
to the above, on this date CCU’s subsidiaries signed a Private Agreement with the current shareholders of the Companies in Paraguay,
Mr. Horacio Cartes Jara and Ms. Sarah Cartes Jara, whereby it was agreed:
| (i) | the
acquisition of all the shares owned by Ms. Sarah Cartes Jara in the Companies in Paraguay; |
| (ii) | the
acquisition, by a third party unrelated to Mr. Horacio Cartes, of all the shares held by him in the Companies in Paraguay, no later than
March 17, 2023 and subject to CCU agreeing with this third party on certain amendments to the shareholders’ agreements currently
in place of the Companies in Paraguay; and |
| (iii) | if the
acquisition referred to in (ii) above does not succeed, and without violating the OFAC Sanction, the acquisition by CCU of all the shares
owned by Mr. Horacio Cartes in the Companies in Paraguay. |
The
total price of the share purchases referred to in paragraphs (i) and (iii) above, amounts to USD 36.6 million.
As
of this date, it is not possible to estimate the financial effects that the Private Agreement may have on CCU's assets, liabilities or
financial results, which will be duly reported to the CMF and the market in general.
Sincerely,
Patricio Jottar Nasrallah
Chief Executive Officer
Compañía Cervecerías Unidas
S.A.
c.c. Bolsa de Comercio de Santiago, Bolsa de Valores
Bolsa Electrónica de Chile, Bolsa de Valores
Bondholder Representatives
Vitacura 2670/Las Condes
Santiago/Chile
Tel: (+56) 22 427 3000
www.ccu.cl
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.
Compañía Cervecerías Unidas S.A.
(United Breweries Company, Inc.)
|
|
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/s/ Felipe Dubernet |
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Chief Financial Officer |
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Date: March 1, 2023
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