YPF Sociedad Anónima : 20-11-2020 SEC Acquisition of Shares by the Company
November 23, 2020 at 06:41 pm EST
Share
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of November, 2020
Commission File Number: 001-12102
YPF Sociedad Anónima
(Exact name of registrant as specified in its charter)
Macacha Güemes 515
C1106BKK Buenos Aires, Argentina
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F☒ Form 40-F☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ☐
No ☒
YPF Sociedad Anónima
TABLE OF CONTENTS
ITEM
1 Translation of letter to the Buenos Aires Stock Exchange dated November 20, 2020.
TRANSLATION
Buenos Aires, November 20, 2020
To the
Bolsa de Comercio de Buenos Aires
(Buenos Aires Stock Exchange)
Re: YPF S.A. informs the acquisition of its own shares in the market (articles 64 and related articles of the Capital Markets Law N°26.831) for the granting of share compensation plans.
Dear Sirs,
We make reference to our previous communication dated November 10, 2020. In that sense, we hereby inform that during the period from November 13, 2020 to November 20, 2020, YPF S.A. (the "Company") acquired:
A total of 105,576 of its ordinary Class D shares, with a nominal value of Ps.10 (ten pesos) per share and entitled to 1 (one) vote each, in the Buenos Aires Stock Exchange ("BASE"), at an average price of Ps. 709,7506 per share, for a total amount of Ps. 74,932,632.75.
A total of 316,893 of its American Depositary Shares ("ADS") on the New York Stock Exchange ("NYSE"), at an average price of US$4,6822 per ADS, for a total amount of US$1,483,757.32.
Below, we report the detail of the daily purchases of ADS and Class D shares, respectively, which comprise the aforementioned amount:
Ordinary Shares
Amount of
Ordinary
Gross Amount
Average Price
Date
Shares
in Ps.
in Ps.
11/13/2020
12,551
8,274,829.10
659.2964
11/16/2020
24,125
16,907,813.25
700.8420
11/17/2020
7,900
5,658,692.55
716.2902
11/18/2020
25,000
18,184,497.60
727.3799
11/19/2020
23,500
16,925,895.00
720.2509
11/20/2020
12,500
8,980,905.25
718.4724
TOTAL
105,576
74,932,632.75
709.7506
ADRs
Amount of
Gross Amount
Average Price
Date
ADRs
in USD
in USD
11/13/2020
147,855
660,423.93
4.4667
11/17/2020
169,038
823,333.39
4.8707
TOTAL
316,893
1,483,757.32
4.6822
Finally, we hereby inform that, (i) the acquisitions made respected the daily limit for transactions in the market of up to 25% of the average daily trading volume of the stock, in the prior 90 business day period, jointly in the markets it is traded, and (ii) after the acquisitions were made (which include commissions and expenses), the amount of Ps. 254,779,890.88 is still pending with respect to the maximum amount to be invested approved by the Board of Directors (Ps. 550,000,000), as previously informed. The Company will duly inform when the process for acquiring its own shares is concluded.
Yours faithfully,
Santiago Wesenack
Market Relations Officer
YPF S.A.
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YPF SA published this content on 20 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2020 23:40:03 UTC
YPF Sociedad Anonima (YPF) is an energy company. The Company is operating a fully integrated oil and gas chain. The Company operates through the segments, including Exploration and Production, Downstream, and Corporate and Other. The Company's Exploration and Production segment includes exploration and production activities, natural gas and crude oil purchases, sales of natural gas, and to a lesser extent crude oil, to third parties and intersegment sales of crude oil, natural gas and its byproducts. The Company's Downstream segment is engaged in the refining, transport, purchase of crude oil and natural gas from third parties and intersegment sales, and marketing of crude oil, natural gas, refined products, petrochemicals, electric power generation and natural gas distribution. The Company's Corporate and Other segment carries out other activities.