Credicorp Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, dated April 23, 2020, reports a material event for Credicorp Ltd., a foreign private issuer. The filing details a unanimous decision by the Board of Directors regarding the scheduling and agenda of the Annual General Meeting of Shareholders.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document serves as a notice of corporate governance actions rather than a financial performance report.
Material Changes
No material changes to financial performance or operations are reported in this filing. The primary change is the procedural decision to hold the Annual General Meeting in a pure virtual format via an electronic portal due to prevailing conditions.
Guidance, Outlook, and Management Commentary
- Annual General Meeting: Scheduled for Friday, June 5, 2020, at 3:00 p.m. (Peru time). If quorum is not met, the meeting will be postponed to Friday, June 12, 2020.
- Record Date: Shareholders registered as of Tuesday, May 6, 2020, are entitled to attend and vote.
- Agenda Items:
- Presentation of the Annual Report and audited consolidated financial statements for the year ended December 31, 2019.
- Election of eight proposed directors: Antonio Abruña Puyol, Maite Aranzábal Harreguy, Fernando Fort Marie, Alexandre Gouvea, Patricia Lizárraga Guthertz, Raimundo Morales Dasso, Irzio Pinasco Menchelli, and Luis Enrique Romero Belismelis.
- Partial amendment of Bye-laws, specifically Bye-law 4.11 regarding the number of Directors.
- Appointment of external auditors for the 2020 financial year.
Key Facts for Investor Verification
- Verify the Record Date of May 6, 2020, to confirm eligibility to vote in the virtual Annual General Meeting.
- Confirm the specific date of the meeting (June 5 or June 12, 2020) based on quorum achievement.
- Review the full list of proposed director candidates and their qualifications prior to the vote.
- Check for the release of the audited consolidated financial statements for the fiscal year ended December 31, 2019, which will be presented at the meeting.