INVEXANS
ESSENTIAL FACT
INVEXANS S.A.
OPEN STOCK CORPORATION
Santiago, March 12, 2023
Mrs.
Solange Bernstein Jáuregui
President
Financial Market Commission
Avenida Libertad Bernardo O’Higgins N*1449
From our consideration,
In accordance with the provisions of Articles 9 and 10, second paragraph, of Law No. 18,045, and in the
General Standard N*30, of the Commission for the Financial Market (“CMF”),
being duly empowered, I communicate to you the following Essential Fact of Invexans
S.A. (the “Company”) and its business:
Following the sanction imposed by the Office of Foreign Assets Control of the Department of
Treasury of the United States of America (“OFAC”), to Mr. Horacio Cartes Jara on 26 November
January (which also extends to all entities in which he owns, directly or indirectly,
a stake of 50% or more, the “OFAC Penalty”), and in line with information of interest to the
market published by the Company on the same day, the Company’s subsidiary, Enex Investments Paraguay
S.A. (“Enex”), has been committed to implementing the measures that make it possible to put an end to its
association with HC Energía S.A. (Paraguayan company owned and controlled by Mr. Cartes,
“HCE”) in the company Enex Paraguay S.A.E. and its subsidiaries, in which Enex and HCE hold a 50% stake
each (“Enex Paraguay”).
In this context, with this date, Enex, HCE and Enex Paraguay signed in Asunción, Paraguay, a
binding agreement called “Private Agreement”, by virtue of which, the
Conditions, deadlines and procedures to allow:
(i) the acquisition by a third party unrelated to HCE or Mr. Cartes and his group
of all the shares held by HCE in Enex Paraguay, within the term
which expires on March 17, 2023, subject, however, to Enex agreeing with said third party
that he transfer a 1% shareholding in Enex Paraguay, in order to confer on him
a Enex the effective control of the former, together with the other amendments to the
shareholders currently in force in Enex Paraguay; and
(ii) if the acquisition indicated above does not succeed, and without violating the OFAC Sanction,
the acquisition by Enex of all the shares held by HCE in Enex
Paraguay.
The purchase price referred to above amounts to the amount of USD35 million.
INVEXANS S.A.
Enrique Foster Sur N*20, Office 1202
Las Condes – Santiago – Chile
Phone number: (56-2) 27507393
www.invexans.cl
INVEXANS
In accordance with the provisions of Circular N2988 of your Commission, it is not possible to this date.
reasonably estimate the financial effects that the Private Agreement may have on the
assets, liabilities or results of the Company, which will be timely and duly reported to
the CMF and the market in general.
Sincerely yours,
p.p. INVEXANS S.A.
Nicolás Concha Rosales
General Manager
c.c.: Santiago Stock Exchange
Electronic Stock Exchange of Chile
Archive (HE01/2022)
INVEXANS S.A.
Enrique Foster Sur N*20, Office 1202
Las Condes – Santiago – Chile
Phone number: (56-2) 27507393
www.invexans.cl
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=b92d024f5d897dd0498e644a040d7365VFdwQmVVMTZRWHBOUkVFMVRVUlJlRTlCUFQwPQ==&secuencia=-1&t=1682376108
