Credicorp Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, dated January 21, 2010, reports material events for Credicorp Ltd., a Bermuda-registered company with shares listed on the New York Stock Exchange (NYSE). The filing notifies the Peruvian securities regulator (CONASEV) of decisions made by the Board of Directors on January 20, 2010, regarding the upcoming Annual General Shareholder's Meeting.
Key Financial Metrics
The filing text does not provide specific financial values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a procedural notice rather than a financial results report. It references the approval of audited consolidated financial statements for the year ended December 31, 2009, but does not disclose the figures within this text.
Material Changes and Corporate Actions
- Annual General Meeting: Scheduled for Friday, March 26, 2010, at 3 p.m. (Peruvian time) at the main offices of Banco de Credito del Peru in Lima. A contingency date of March 31, 2010, is set if a quorum is not met.
- Record Date: Shareholders registered on February 5, 2010, are entitled to attend and vote.
- Meeting Agenda: Approval of the 2009 Annual Report, audited consolidated financial statements, and the appointment of external auditors.
- Regulatory Exemption: The company requested and noted an exemption from immediately submitting the 2009 Annual Report to CONASEV, citing its NYSE listing and the standard 30-day proxy timeline. Documents will be submitted after Board approval and prior to the shareholder meeting.
- Appointments: Ms. María del Carmen Torres Mariscal and Mr. Guillermo Jesús Morales Valentín were appointed as Alternative Stock Market Representatives.
Guidance, Outlook, and Risks
The filing contains no management commentary on future guidance, market outlook, or specific financial risks. The primary operational note is the procedural timeline for shareholder communication and regulatory compliance regarding the 2009 financial statements.
Key Facts for Investor Verification
- Verify the Record Date of February 5, 2010, to confirm voting eligibility for the March 26, 2010, meeting.
- Monitor the release of the 2009 Annual Report and audited financial statements, which are expected to be presented at the shareholder meeting rather than filed immediately with CONASEV.
- Confirm the appointment of the new Alternative Stock Market Representatives for regulatory communications.
- Check for the official filing of the 2009 financial statements with the SEC (Form 20-F) and CONASEV following the shareholder meeting.