Rochester, NY 8/21/2009 11:28:36 AM
Banco Macro SA (ADR) BMA ,Banco Macro S.A. Development
Banco Macro SA (ADR)
Banco Macro S.A. report that, in relation to the merger agreement with Nuevo Banco Bisel presented on March 19, 2009, the Company announced the issuance of 1,147,887 ordinary Class B shares with the right to dividends for the fiscal year initiated on January 1, 2009. Banco Macro S.A.report on May 12, 2009, that it has decided to distribute a dividend for fiscal year 2008 worth ARS 149,869,743.25, which represents the 25% of the Company's total shared capital of ARS 593,337,281. Further details were not disclosed
Banco Macro S.A.report that it has signed a pre-merger agreement with Nuevo Banco Bisel S.A., the acquired entity. As a result of the merger, each shareholder will be entitled to 0.337614 shares of Banco Macro S.A. Therefore, the Company's stock capital will increase from $683,978,973 Argentinean Pesos to $685,126,860
Banco Macro S.A. report that on January 30, 2009 it acquired 150,000 ordinary, class shares at a nominal value of ARS 1 per share and with the right to one vote per each share, at a price of ARS 3.7 per share, in the total amount of ARS 555,000.0
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