Grupo Clarín S A : Injuction against Pol ka Producciones S.A.
July 18, 2021
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GRUPO CLARIN S.A.
Court renders decision in Pol-Ka Producciones S.A. Dispute
On 19 July2021, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that, in connection with its notice dated 13 May 2021, its subsidiary Arte Radiotelevisivo Argentino S.A. had been informed by its subsidiary Pol Ka Producciones S.A. ("Pol Ka") that Pol Ka had been served notice of a decision rendered by the National First Instance Court on Commercial Matters No. 3, Secretariat No. 6 of the City of Buenos Aires in re "Blanco, Fernando v. PolKa Producciones S.A. on Ordinary Proceeding" (File No. 9979/2020), whereby that court decided: a) to maintain, for 90 days, the suspension of the equity increase from Ar$ 8,269,108 to up to Ar$ 51,500,000 (nominal value), the amendment of Article Five of Pol Ka's bylaws and the authorization granted to certain individuals to register the resolutions adopted by Pol Ka's shareholders at the meeting of 13 July 2020 with the Corporate Registry , b) to instruct the appointed observer to inform certain company matters to the court that, according to the judge, will help clarify certain facts under debate in the litigation, and c) to schedule a hearing for 10 August 2021 to be attended by claimant and the President of the defendant, pursuant to Article 36, paragraph 2 of the National Code of Civil and Commercial Procedures.
Grupo Clarin SA published this content on 19 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 19:58:04 UTC.
Grupo Clarin SA is an Argentina-based company principally engaged in the provision of television (TV) cable services. The Companyâs activities are structured in four business segments: Cable TV and Internet Access, which operates a cable TV network in Latin America and provides broadband Internet services; Printing and Publishing, which focuses on the production and distribution of national and regional newspapers, as well as magazines, supplements, books, collectible products and other periodical publications; Broadcasting and Programming, which includes a variety of TV channels, radio stations and entities active in the content production and provision of advertising services, as well as Digital Content and Others, which creates, hosts and manages a variety of Websites, on-line portals and digital platforms for mobile phones, among others.
GRUPO CLARÍN S.A. 