ma
Eos el
GEOPARK
Santiago, 07 de febrero de 2014
Geopark Limited
Inscrito en el Registro de Valores Extranjeros bajo N* 045
Señor
Fernando Coloma Correa
Superintendente de Valores y Seguros
Av. Libertador Bernardo O’Higgins N* 1449, piso 1
PRESENTE
REF.: Adjunta información relevante que
se publicó en el AlM del Mercado
Bursátil de Londres.
Señor Superintendente:
En virtud de lo establecido en la Norma de Carácter
General N*352, por medio de la presente adjunto información considerada como
relevante para la empresa, que ha sido entregada el día de ayer, en el Alternative
Investment Market, mercado secundario de la London Stock Exchange, en donde
mediante un comunicado de prensa se entrega información actualizada respecto a la
iniciativa relacionada al registro y oferta de acciones de la Compañía en la Bolsa de
Valores de Nueva York (NYSE).
La información adjunta consiste en comunicado de prensa
de siete páginas en idioma inglés. Con respecto a la traducción del comunicado al
idioma español, se informa que la misma será publicada en esta Superintendencia
dentro de los próximos días.
Sin otro particular, saluda atentamente a Usted,
/ Pedro Aylwin Chiorriñí
/ pp. GEOPARK LIMITED
Nuestra Señora de los Ángeles 179 – Las Condes, Santiago – Chile
Tel. (+56 2) 2429600 – infoWgeo-park.com – www.geo-park.com
A REGISTRATION STATEMENT HAS BEEN FILED WITH THE UNITED STATES SECURITIES AND
EXCHANGE COMMISSION BUT HAS NOT YET BECOME EFFECTIVE. THE SHARES MAY NOT BE SOLD,
NOR MAY OFFERS TO BUY BE ACCEPTED, IN THE UNITED STATES PRIOR TO THE TIME THE
REGISTRATION STATEMENT BECOMES EFFECTIVE.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. THIS
ANNOUNCEMENT SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER
TO BUY, NOR SHALL THERE BE ANY SALE OF THE SHARES, IN ANY JURISDICTION IN WHICH SUCH
OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL, PRIOR TO REGISTRATION OR
QUALIFICATION UNDER THE SECURITIES LAWS OF SUCH STATE OR JURISDICTION.
ma
la. all
GEOPARK
GeoPark Limited
GeoPark Limited has released the announcement below in the United States in connection with its proposed listing on the
New York Stock Exchange.
This free writing prospectus relates only to this offering and updates the preliminary prospectus dated January 21,
2014, included in Amendment No. 4 to the Registration Statement on Form F-1 (File No. 333-191608). On February 6, 2014,
we filed Amendment No.5 to the Registration Statement. The following information updates and supplements the
preliminary prospectus dated January 21, 2014 with information that is reflected in the preliminary prospectus dated
February 6, 2014 included in Amendment No. 5 to the Registration Statement. Please refer to the preliminary prospectus
dated February 6, 2014, which is included in Amendment No. 5, for the full contents thereof, which can be accessed through
the following link: http://www.sec.gov/Archives/edgar/data/1464591/000104746914000627/a2218095zf-1a.htm.
Except as otherwise indicated, all information in this free writing prospectus assumes that the common shares to be
sold in this offering will be sold at US$7.50 per common share, which is the midpoint of the range described below.
Offering,
Offering price range .
We are offering 13,500,000 common shares.
We expect the public offering price will be between US$7.00 and US$8.00 per
common share.
Underwriters” over-allotment
OPIO coccccioconccocicicncnncnonononanocncncno 800,000 common shares.
Share capital outstanding before
and after the offering………………. Our share capital consists of 43,861,614 issued and outstanding common shares.
Immediately after the offering, we will have 57,361,614 common shares issued and
outstanding, assuming no exercise of the underwriters” over-allotment option.
NI II The net proceeds from this offering will be approximately US$93.9 million, at the
midpoint of the range described above, assuming no exercise of the underwriters”
over-allotment option. Each US$1.00 increase (decrease) in the public offering price
per common share would increase (decrease) our net proceeds, after deducting
estimated underwriting discounts and commissions, by approximately
US$13.1 million.
Indications of interest
Capitalization
We have received the following indications of interest to purchase in this offering, at
the public offering price, an aggregate of US$60.0 million (or 8,000,000 of our
common shares, at the midpoint of the range set forth above): (i) Mr. James F. Park
(or any of his affiliates), our Chief Executive Officer, one of our principal
shareholders and a member of our board of directors: US$2.0 million (or 266,667 of
our common shares, at the midpoint of the range set forth above); (ii) Mr. Juan
Cristobal Pavez (or any of his affiliates), one of our principal shareholders and a
member of our board of directors: US$5.0 million (or 666,666 of our common shares,
at the midpoint of the range set forth above); (iii) certain private investment funds
managed and controlled by Cartica Management, LLC: US$33.0 million (or
4,400,000 of our common shares, at the midpoint of the range set forth above).
Mr. Steven Quamme, one of our principal shareholders and a member of our board of
directors, is the Senior Managing Director of Cartica Management, LLC, and
therefore may be deemed to have voting and investment power over the common
shares of GeoPark Limited held by Cartica Management, LLC; and (iv) certain
members of Mr. Gerald E. O”Shaughnessy?s family (or any of their respective
affiliates that do not include Mr. Gerald E. O”Shaughnessy): US$20.0 million (or
2,666,667 of our common shares, at the midpoint of the range set forth above).
Any shares acquired by Mr. Gerald E. O’Shaughnessy?s family are not expected to be
subject to the 180 day lock-up restrictions described in the preliminary prospectus.
Mr. Gerald E. O”Shaughnessy, our Executive Chairman, a member of our board of
directors and one of our principal shareholders is not expected to have a beneficial
interest in the common shares that may be acquired by his family members. Because
indications of interest are not binding agreements or commitments to purchase, the
underwriters could determine to sell more, less or no shares to any of these
individuals or private investment funds and any of these individuals or private
investment funds could determine to purchase more, less or no shares in this offering.
The underwriters will not receive any underwriting discount or commissions in
connection with the sale of our common shares, to the extent they are purchased
pursuant to these indications of interest.
Following the completion of this offering, and assuming the purchase of all of the
common shares described above, our board of directors and senior management will
be deemed to beneficially own, in the aggregate approximately 48.8% of our
outstanding common shares (assuming no exercise of the underwriters”
over-allotment option).
The following table sets forth our cash at bank and in hand, borrowings and capitalization as of September 30, 2013, derived
from our Interim Consolidated Financial Statements prepared in accordance with IFRS:
+ – onan actual basis; and
xx as adjusted to give effect to:
+ the receipt by us of approximately US$93.9 million in estimated net proceeds from the sale of
13,500,000 common shares in this offering at an offering price of US$7.50 per common share (the
midpoint of the range set forth above), and assuming no exercise of the option to purchase additional
common shares by the underwriters,
+ – the deduction of approximately US$2.9 million of estimated underwriting discounts and commissions
(US$0.53 per share) as described further below, and
+ estimated offering expenses of US$4.5 million payable by us in connection with the offering.
The table below should be read in conjunction with “Management’s discussion and analysis of financial condition
and results of operations” and our interim Consolidated Financial Statements and the notes thereto, included in the
preliminary prospectus.
(In thousands of US$) Actual As adjusted
As of September 30, 2013
Cash at bank and in hand … 104,797 198,659
Total non-current borrowings(1 290,490 290,490
Equity attributable to owners of the Company
Common shares, par value US$0.001 per share, 43,859,232 issued and outstanding
actual, and 57,359,232 issued and outstanding as adjusted 43 57
Share premium.. 120,338 214,187
Reserves…… 127,848 127,848
Retained earning; 2. 15,593 15,593
Total equity attributable to owners of the COMPANY ..ouccoconononoononononenoncnsisononononononcnsosonoso 263,822 357,685
Total capitalization(2)G) 554,312 648,175
(1) Our total non-current borrowings are all secured and guaranteed by us.
(2) Total capitalization includes total non-current borrowings plus total equity attributable to owners of the Company.
(3) For every US$1.00 increase (decrease) in the price per common share received by us in the offering, assuming the
sale of 13,500,000 common shares in this offering, the estimated underwriting commissions and discounts we will
pay will increase (decrease) by approximately US$0.4 million, resulting in an increase (decrease) in cash at bank
and in hand, total equity attributable to owners of GeoPark and our total capitalization of approximately
US$13.1 million. For every 1,000,000 increase (decrease) in the number of common shares sold by us in this
offering, assuming an offering price of US$7.50 per common share (the midpoint of the range set forth above), the
estimated underwriting commissions and discounts we will pay will increase (decrease) by approximately
US$0.5 million, resulting in an increase (decrease) in cash at bank and in hand, total equity attributable to owners of
GeoPark and our total capitalization by approximately US$7.0 million. In each case described above, our estimated
offering expenses will change by a de minimis amount.
The estimated amount of underwriting discounts and commissions reflects management”s current expectations based
on discussions with the underwriters for this offering and therefore may change. The estimated amounts of underwriting
discounts and commissions also assume that the underwriters will not receive any discounts or commissions on the common
shares pursuant to the indications of interest described on the cover page of this prospectus. The amounts described above
may differ from the actual amounts paid.
If the underwriters exercise their over-allotment option in full to purchase 800,000 additional common shares at an
offering price of US$7.50 per common share (the midpoint of the range set forth above), the estimated underwriting
discounts and commissions we will pay will increase by approximately US$0.4 million, and our estimated offering expenses
will increase by a de minimis amount. Cash at bank and in hand will increase by approximately US$5.6 million and our
issued and outstanding common shares will increase to 58,159,232 common shares. This will result in total equity attributable
to owners of the Company and total capitalization each increasing by US$5.6 million.
For a breakdown of the estimated offering expenses payable by us, see “Expenses of the offering.”
Dilution
As of September 30, 2013, we had a net tangible book value of US$263.8 million, corresponding to a net tangible book value
of US$6.02 per common share. Net tangible book value per common share represents the amount of our total tangible assets
less our total liabilities, excluding goodwill and other intangible assets, if any, and non-controlling interest, divided by
43,859,232, the total number of our common shares outstanding as of September 30, 2013. We did not have any goodwill and
other intangible assets as of September 30, 2013.
After giving effect to the sale by us of the 13,500,000 common shares offered in the offering, and considering an
offering price of US$7.50 per common share (the midpoint of the range set forth above), after deducting the estimated
underwriting discounts and commissions of approximately US$2.9 million and estimated offering expenses of approximately
3
US$4.5 million payable by us, our net tangible book value estimated as of September 30, 2013 would have been
approximately US$357.67 million, or US$6.24 per common share. This represents an immediate increase in net tangible
book value of US$0.22 per share to existing shareholders and an immediate dilution in net tangible book value of US$1.26
per share to new investors purchasing common shares in this offering. Dilution for this purpose represents the difference
between the price per common shares paid by these purchasers and net tangible book value per common share immediately
after the completion of the offering.
The following table illustrates this dilution to new investors purchasing common shares in this offering.
Net tangible book value per common share as of September 30, 2013 6.02
Increase in net tangible book value per common share attributable to this offering 0.22
Pro forma net tangible book value per common share after the offering 6.24
Dilution per common share to new INVESt0IS…oocccninnnnnininnnncanonncncncnananicns . 1.26
Percentage of dilution in net tangible book value per common share for Mew INVEStOTS ….ooooccocicnonnnnonononananornonananornanonanos 17%
Each US$1.00 increase (decrease) in the offering price per common share, respectively, would increase (decrease)
the net tangible book value after this offering by US$0.22 per common share and would increase (decrease) the dilution to
investors in the offering by US$0.78 per common share assuming the sale of 13,500,000 common shares in this offering, and
after deducting incremental estimated underwriting discounts and commissions of approximately US$0.5 million. Our
estimated offering expenses will change by a de minimis amount.
If the underwriters exercise their option to purchase additional common shares in full, we will be required to pay an
additional US$0.4 million in underwriting commissions and discounts, and our offering expenses will increase by a
de minimis amount. As a result, the net tangible book value after this offering would increase by US$0.01 per common share,
the pro forma net tangible book value per common share after this offering would be US$6.25 and investors in this offering
will incur immediate dilution of US$1.25 per common share, in each case assuming an offering price of US$7.50 per
common share (the midpoint of the range set forth above).
Principal shareholders
As of the date of this prospectus, our authorized share capital consists of 5,171,949,000 common shares, par value
US$0.001 per share. Each of our common shares entitles its holder to one vote. The following table presents the beneficial
ownership of our common shares as of the date of this prospectus.
Percentage of
outstanding
Shareholder Common shares common shares
Gerald E. O’Shaughnessy(1) . 7,533,907 17.18%
James F. Park(2) 7,156,269 16.32%
Steven J. Quamme(3) 4,984,394 11.36%
IFC Equity Investments(4).. 3,456,594 7.88%
Moneda A.F.L.(5) 2,241,650 5.11%
Juan Cristóbal Pavez(6) 2,171,363 4.95%
Other shareholders . 16,317,437 37.20%
Total… 43,861,614 100.0%
(1) Held directly and indirectly through GP Investments LLP, Vidacos Nominees Limited and Globe Resources
Group Inc., all of which are controlled by Mr. O”Shaughnessy.
(2) Held by Energy Holdings, LLC, which is controlled by James F. Park, a member of our Board of Directors. The
number of common shares held by Mr. Park does not reflect the 782,702 common shares held as of the date of this
prospectus in the employee benefit trust described under “Management-Compensation-Employee Benefit Trust.”
Although Mr. Park has voting rights with respect to all the common shares held in the trust, Mr. Park disclaims
beneficial ownership over those common shares.
(3) Held through certain private investment funds managed and controlled by Cartica Management, LLC. The common
shares reflected as being held by Mr. Quamme include 7,422 common shares held by him personally. Mr. Steven
Quamme, one of our principal shareholders and a member of our board of directors, is the Senior Managing Director
4
(4)
(5)
(6)
of Cartica Management, LLC, and therefore may be deemed to have voting and investment power over the common
shares of GeoPark held by Cartica Management, LLC.
IFC Equity Investments voting decisions are made through a portfolio management process which involves
consultation from investment officers, credit officers, managers and legal staff.
Held through various funds managed by Moneda A.F.I. (Administradora de Fondos de Inversión), an asset manager.
Held through Socoservin Overseas Ltd, which is controlled by Juan Cristóbal Pavez. The common shares reflected
as being held by Mr. Pavez include 8,559 common shares held by him personally.
The following table presents the beneficial ownership of our common shares following the offering assuming no
exercise of the underwriters? over-allotment option. The following table does not give effect to the US$60.0 million of
common shares (or 8,000,000 common shares (at the midpoint of the range set forth above)) that certain persons named
above have indicated an interest in purchasing.
Percentage of
outstanding
Shareholder Common shares common shares
Gerald E. O”Shaughnessy(l) .ocooccccicoconnccnnnncncnononananncannnnnnnrncnonono nono on onononn on on nono rn ca anciana 7,533,907 13.13
James F. Park(2) 7,156,269 12.48
Steven J. Quamme(3) 4,984,394 8.69
IFC Equity Investments(4).. 3,456,594 6.03
Moneda A.F.L.(5)……… 2,241,650 3.91
Juan Cristóbal Pavez(6) 2,171,363 3.79
Other shareholders(7) .. 29,817,437 51.98
57,361,614 100.0%
(1) Held directly and indirectly through GP Investments LLP, Vidacos Nominees Limited and Globe Resources
Group Inc., all of which are controlled by Mr. O”Shaughnessy.
(2) Held by Energy Holdings, LLC, which is controlled by James F. Park, a member of our Board of Directors. The
number of common shares held by Mr. Park does not reflect the 782,702 common shares held as of the date of this
prospectus in the employee benefit trust described under “Management-Compensation-Employee Benefit Trust.”
Although Mr. Park has voting rights with respect to all the common shares held in the trust, Mr. Park disclaims
beneficial ownership over those common shares. The percentage of shares beneficially owned after this offering by
Mr. James F. Park would be 12.94%, assuming the purchase of US$2.0 million of common shares in this offering
(or 266,667 common shares (at the midpoint of the range set forth above)) that he (or his affiliates) have indicated an
interest in purchasing, and assuming no exercise of the underwriters” over-allotment option.
(3) Held through certain private investment funds managed and controlled by Cartica Management, LLC. The common
shares reflected as being held by Mr. Quamme include 7,422 common shares held by him personally. The
percentage of shares beneficially owned after this offering by Mr. Steven Quamme would be 16.36%, assuming the
purchase of US$33.0 million of common shares in this offering (or 4,400,000 common shares (at the midpoint of the
range set forth above)) that certain private investment funds managed by Cartica Management, LLC have indicated
an interest in purchasing, and assuming no exercise of the underwriters” over-allotment option. Mr. Steven Quamme,
one of our principal shareholders and a member of our board of directors, is the Senior Managing Director of Cartica
Management, LLC, and therefore may be deemed to have voting and investment power over the common shares of
GeoPark held by Cartica Management, LLC.
(4) IFC Equity Investments voting decisions are made through a portfolio management process which involves
consultation from investment officers, credit officers, managers and legal staff.
(5) Held through various funds managed by Moneda A.F.I. (Administradora de Fondos de Inversión), an asset manager.
(6) Held through Socoservin Overseas Ltd, which is controlled by Juan Cristóbal Pavez. The common shares reflected
as being held by Mr. Pavez include 8,559 common shares held by him personally. The percentage of shares
beneficially owned after this offering by Mr. Juan Cristóbal Pavez would be 4.95%, assuming the purchase of
US$5.0 million of common shares in this offering (or 666,666 common shares (at the midpoint of the range set forth
5
(1)
above)) that he (or his affiliates) have indicated an interest in purchasing, and assuming no exercise of the
underwriters” over-allotment option.
The number of shares beneficially owned by other shareholders would be 24,484,105 common shares, or 42.68%,
assuming the purchase of US$60.0 million of common shares in this offering (or 8,000,000 common shares (at the
midpoint of the range set forth above)) pursuant to the indications of interest by Mr. James Park, Mr. Juan Cristobal
Pavéz and certain private investment funds managed by Cartica Management, LLC.
The following table presents the beneficial ownership of our common shares following the offering, assuming full
exercise of the overallotment options. The following table does not give effect to the US$60.0 million of common shares (or
8,000,000 common shares (at the midpoint of the range set forth above)) that certain persons named above have indicated an
interest in purchasing.
Percentage of
outstanding
Shareholder Common shares common shares
Gerald E. O’Shaughnessy(1) . 7,533,907 12.95
James F. Park(2) 7,156,269 12.30
Steven J. Quamme(3) 4,984,394 8.57
IFC Equity Investments(4).. 3,456,594 5.94
Moneda A.F.I.(5)… 2,241,650 3.85
Juan Cristóbal Pavez(6) 2,171,363 3.73
Other shareholders(7) .. 30,617,437 52.64
Total .ooocococccococonnnrnonononnnnnnononon on on ono nn on on rn rn none erre nn on rene rn ener near nn rn rear ener nn nn rn rare rn rn ennnnnnnnonos 58,161,614 100.0%
(1) Held directly and indirectly through GP Investments LLP, Vidacos Nominees Limited and Globe Resources
Group Inc., all of which are controlled by Mr. O”Shaughnessy.
(2) Held by Energy Holdings, LLC, which is controlled by James F. Park, a member of our Board of Directors. The
number of common shares held by Mr. Park does not reflect the 782,702 common shares held as of the date of this
prospectus in the employee benefit trust described under “Management-Compensation-Employee Benefit Trust.”
Although Mr. Park has voting rights with respect to all the common shares held in the trust, Mr. Park disclaims
beneficial ownership over those common shares. The percentage of shares beneficially owned after this offering by
Mr. James F. Park would be 12.76%, assuming the purchase of US$2.0 million of common shares in this offering
(or 266,667 common shares (at the midpoint of the range set forth above)) that he (or his affiliates) have indicated an
interest in purchasing, and assuming full exercise of the underwriters” over-allotment option.
(3) Held through certain private investment funds managed and controlled by Cartica Management, LLC. The common
shares reflected as being held by Mr. Quamme include 7,422 common shares held by him personally. The
percentage of shares beneficially owned after this offering by Mr. Steven Quamme would be 16.14%, assuming the
purchase of US$33.0 million of common shares in this offering (or 4,400,000 common shares (at the midpoint of the
range set forth above)) that certain private investment funds managed by Cartica Management, LLC have indicated
an interest in purchasing, and assuming full exercise of the underwriters” over-allotment option. Mr. Steven
Quamme, one of our principal shareholders and a member of our board of directors, is the Senior Managing Director
of Cartica Management, LLC, and therefore may be deemed to have voting and investment power over the common
shares of GeoPark held by Cartica Management, LLC.
(4) IFC Equity Investments voting decisions are made through a portfolio management process which involves
consultation from investment officers, credit officers, managers and legal staff.
(5) Held through various funds managed by Moneda A.F.I. (Administradora de Fondos de Inversión), an asset manager.
(6) Held through Socoservin Overseas Ltd, which is controlled by Juan Cristóbal Pavez. The common shares reflected
as being held by Mr. Pavez include 8,559 common shares held by him personally. The percentage of shares
beneficially owned after this offering by Mr. Juan Cristóbal Pavez would be 4.88%, assuming the purchase of
US$5.0 million of common shares in this offering (or 666,666 common shares (at the midpoint of the range set forth
above)) that he (or his affiliates) have indicated an interest in purchasing, and assuming full exercise of the
underwriters” over-allotment option.
(1) The number of shares beneficially owned by other shareholders would be 25,284,105 common shares, or 43.47%,
assuming the purchase of US$40.0 million of common shares in this offering (or 5,333,334 common shares (at the
midpoint of the range set forth above)) pursuant to the indications of interest by Mr. James Park, Mr. Juan Cristobal
Pavéz and certain private investment funds managed by Cartica Management, LLC.
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange
Commission (the “SEC”, for the offering to which this communication relates. Before you invest, you should read the
prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete
information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC
web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will
arrange to send you the prospectus if you request it by contacting J.P. Morgan Securities LLC, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone +1-866-803-9204; BTG Pactual
US Capital, LLC, Attention: Prospectus Department, 601 Lexington Avenue, New York, NY 10022, email:
OL-BTGPactual-ProspectusDepartmentObtgpactual.com; or Itau BBA USA Securities, Inc., 767 Fifth Avenue
S0th Floor, New York, NY 10153, USA, Attention: Equity Sales Desk, telephone +1-212-710-6756.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be
any sale of, these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful
prior to the registration or qualification under the securities laws of any such state or jurisdiction.
AIM Cancellation
Conditional upon the NYSE listing becoming effective on an unconditional basis on or prior to 18 February 2014, admission
of the Shares to trading on AIM will be cancelled with effect from 7.00 a.m. on 19 February 2014 and the last trading day on
AIM will be 18 February 2014. Up to and until this date the Shares will continue to be traded on AIM.
For further information, please contact:
GeoPark Limited (Chile, +56 2 2242 9600
Sofia Chellew (schellew geo-park.com)
Pablo Ducci (pducciO geo-park.com)
Oriel Securities Limited – Nominated Adviser and Joint Broker +44 (0)20 7710 7600
Michael Shaw (London)
Tunga Chigovanyika (London)
Macquarie Capital (Europe) Limited – Joint Broker +44 (0)20 3037 2000
Steve Baldwin (London)
Capitalised terms not defined herein are defined in the announcement by the Company of 21 January 2014.
Forward looking statements of the Company
Statements contained in this announcement are based on the knowledge and information available to the Board at the date it
was prepared and on certain key assumptions. Therefore the facts stated and views expressed herein may change after that
date. By their nature, any statements concerning the risks and uncertainties facing the Company in this announcement involve
uncertainty since future events and circumstances can cause results and developments to differ materially from those
anticipated. Many of these risks and uncertainties relate to factors that are beyond the control of the Company. To the extent
that this announcement contains any statement dealing with any time after the date of its preparation, such statement is
merely predictive and speculative as it relates to events and circumstances which are yet to occur. The Company expressly
disclaims any obligation to update or revise these forward looking statements. The Company provides no assurance,
representation or guarantee that the events expressed or implied in any forward looking statement will actually occur.
Nothing contained in this announcement should be deemed to be a forecast, projection or estimate of the future financial
performance of the Company except if otherwise stated.
Link al archivo en CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=01880e9fd6f2d02f340acfaa973e0667VFdwQmVFNUVRWGxOUkVGNFRYcGpkMDlSUFQwPQ==&secuencia=-1&t=1682366909
