Business Context and Reporting Period
This Form 6-K filing by Macro Bank Inc. (Banco Macro S.A.) is dated July 22, 2019. The report serves as a translation of a submission to the Argentine Securities Exchange Commission (CNV) regarding the completion of a share transfer process for Prisma Medios de Pago S.A.
Key Financial Metrics
The filing does not provide general financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics for the reporting period. The only specific financial figure disclosed relates to the transaction below:
- Final Share Transfer Price: USD 63,455,704.61 for the shares of Prisma Medios de Pago S.A.
Material Changes
The filing confirms the conclusion of the pricing process for the sale of Prisma Medios de Pago S.A. shares, previously announced on January 22 and February 1, 2019. The final determined price was lower than the estimated price. Consequently, the difference was deducted from the price balance, and the Bank was not required to return any amounts previously received. All other payment conditions remain unchanged.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future operations, or discussion of general risks and contingencies. The document is strictly limited to the administrative closure of the specific asset sale transaction.
Investor Verification Points
- Verify the final sale price of USD 63,455,704.61 against the initial estimated price to understand the magnitude of the adjustment.
- Confirm that no cash refunds were issued to the buyer due to the price adjustment mechanism described.
- Review the original relevant events (ID 4-2428836-D and 4-2433944-D) filed in January and February 2019 for full context on the transaction terms.