Santiago, March 31, 2023
ESSENTIAL FACT N°2/2023
PLAZA S.A.
REGISTRATION IN THE SECURITIES REGISTRY NUMBER 1028
In compliance with the provisions of Article 9 and second paragraph of Article 10 of Law No. 18,045 on the Securities Market and General Standard No. 30 of the Commission for the Financial Market (hereinafter, the “Commission”), duly authorized for this purpose, I come to inform the market in general and the Commission as an ESSENTIAL FACT regarding Plaza S.A. (hereinafter, the “Company”), in order to disclose in a truthful, sufficient and timely manner the essential facts and information relating to the Company, its businesses and the securities issued by it that are the subject of a public offering, at the time the event has occurred or has come to its knowledge:
As reported on August 31, 2022, Ripley Inversiones II S.A. (“Ripley Inversiones”), shareholder of Nuevos Desarrollos S.A. (“Nuevos Desarrollos”), a subsidiary of the Company, communicated the exercise of the right to sell all its shares in it, in accordance with the shareholders’ agreement between Ripley Inversiones and Plaza Oeste SpA (“Plaza Oeste”), also a subsidiary of the Company, the latter having to obtain that a third party buys the shares or buys them by itself.
As of today, two leading banks delivered their valuation of Nuevos Desarrollos, determining that the price of all the shares owned by Ripley Inversiones – corresponding to 22.5% of the total shares of Nuevos Desarrollos – amounts to UF4,620,204. Plaza Oeste decided to acquire the aforementioned shares itself, signing the respective purchase agreement, the price of which must be paid within the next 30 days.
With this purchase, the Company, through its subsidiaries, now controls all the shares of Nuevos Desarrollos S.A., which owns the urban centers Mallplaza Arica (Arica and Parinacota Region), Mallplaza Iquique (Tarapacá Region), Mallplaza Copiapó (Atacama Region), Mallplaza Los Dominicos, Mallplaza Egaña, Mallplaza Alameda and Mallplaza Sur (located in the Metropolitan Region) and Mallplaza Bío-Bío (Bío Bío Region).
Hernan Silva Lobos
General Manager
Plaza S.A.
c.c.: Stock Exchange
Electronic Stock Exchange of Chile
Banco de Chile / Representatives of Bondholders
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=fa74a74a2de24a37573c38980f6db11eVFdwQmVVMTZRWHBOUkVWNlQwUm5NVTFuUFQwPQ==&secuencia=-1&t=1682376108
