Grupo Security S.A. has initiated the placement of a capital increase of approximately 437 million shares, which was approved during the Extraordinary Shareholders’ Meeting held on April 27. The capital increase, which has already been authorized by the Superintendency of Securities and Insurance (SVS), set a placement price of CH$220 per share and seeks to raise approximately CH$100,000 million in order to capitalize the subsidiaries Banco Security and Inversiones Seguros Security, which include the companies Vida Security and Protecta, the latter in Peru.
The preferential subscription period for the capital increase for Grupo Security shareholders will last from July 25 through August 24.
The capital increase placement process will be executed by Banchile Corredores de Bolsa S.A.
The information contained in this publication is a brief description of the issuance and the issuing entity. It does not contain all the information required to make an investment decision. Further background information is available at the headquarters of the issuing entity, at the underwriter's offices and at the Securities and Insurance Supervisor.
Dear Investor: Before making an investment you should be fully informed about the financial situation of the issuing company and should evaluate whether these securities are suitable, the intermediary should provide the investor with the information contained in the prospectus, which has been submitted to support the Securities Registration.