eC EMPRESAS COPEC
ESSENTIAL FACT
EMPRESAS COPEC S.A.
Santiago, April 27, 2023
General Management
No. 17
Gentlemen
Financial Market Commission
Avda. Libertador Bernardo O’Higgins 1449
Present
Dear Sir or Madam:
The undersigned, in his capacity as General Manager of the public limited company called
Empresas Copec S.A. (“Empresas Copec” or the “Company”), both domiciled in the Region
Metropolitana de Santiago, Avenida El Golf N°150, 17th floor, Las Condes commune,
RUT N°90.690.000-9, duly authorized by the Board of Directors, communicates to you the following
material information regarding the Company, its business, its public offering securities or
the offer of them, by virtue of the provisions of article 9 ° and paragraph 2 ° of article 10 °, both
of Law 18,045, and in General Rule No. 30, of that Commission for the Market
Financial:
With this date, the indirect subsidiary of the Company, Copec, Inc., has communicated to Empresas Copec
which today agreed with the company Circle K Stores Inc. (subsidiary of Alimentation Couche-Tard, Inc.) and
Messrs. Marvin Hewatt and Dustin Hewatt (majority shareholders of Majors Management)
sell 100% of the shares of Mapco Express, Inc., a company incorporated under the law of
State of Delaware, United States, which operates a chain of service stations and
convenience stores in the states of Alabama, Arkansas, Georgia, Kentucky, Mississippi,
and Tennessee in the United States.
It is worth mentioning that Empresas Copec is the indirect owner of 100% of the shares in
Copec, Inc.
The transaction price is approximately US$725 million, subject to adjustment.
usual for this type of transactions.
The completion of the operation is subject to compliance with certain
usual conditions for such transactions, including the approval of
competent bodies.
The subsidiary Copec, Inc. considers that this operation will have a positive effect on its results,
which preliminarily would be an approximate profit of US$100 million before taxes.
Finally, it is estimated that the closing of the operation will take place during the last quarter of
This year.
Yours very sincerely,
General Manager
Empresas Copec S.A.
c.c.: Santiago Stock Exchange
Bolsa Electrónica de Chile, Chilean Stock Exchange
Representative of Bondholders – Banco Santander
Credicorp Capital S.A., Stockbrokers
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=5a42f452b251b057405383166ec0b13eVFdwQmVVMTZRVEJOUkVVMFRXcHJlazUzUFQwPQ==&secuencia=-1&t=1682655001
