Unifin announces dates for capital increase

Mexico City, Mexico, August 5th, 2020 – UNIFIN Financiera, S.A.B. de C.V. (BMV: UNIFINA) (“UNIFIN” or “The Company”), announces that, in accordance with the resolutions adopted by the Annual General Shareholder Meeting held on June 5th, 2020, pursuant to which the Company resolved to increase the variable portion of the capital stock in the amount of up to $2,520 million pesos, through the issuance of 140,000,000 new shares to be offered to the shareholders of the Company at a subscription price of $18.00 pesos per share, the Company published today the pre-emptive rights notice in the electronic system of the Ministry of Economy and EMISNET, in accordance with article 132 of the Mexican General Corporations Law (Ley General de Sociedades Mercantiles) and the Company’s by-laws. As provided in the referred notice, Unifin’s shareholders may exercise their pre-emptive right to subscribe and pay the new shares, in proportion to their participation in the Company’s capital stock, from August 6th, 2020 until August 20th, 2020, by giving notice thereof to their respective stock brokers or banking intermediaries. The ex-right date established in accordance with applicable regulations of the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de C.V.), is August 7th, 2020 and the payment and settlement date for the subscription of shares is August 24th, 2020.

The capital increase approved by the Company aims to strengthen its capitalization structure. Moreover, it aims to increase working capital in order to continue increasing the Company’s lease and credit portfolio for small and medium enterprises.

Note:

This press release does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation would be unlawful. The securities to which this communication relates have not been, and will not be, registered under the United States Securities Act of 1933, as amended (“Securities Act”). Unless they are registered, these securities may only be offered in transactions that are exempt from registration under the Securities Act.

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Investor Relations Contact Details

David Pernas – Director, IR & Corporate Finance
Tel: +52 (55) 4162-8270
E-mail: unifin_ri@unifin.com.mx
Web Page: www.unifin.com.mx/index-en.php

About the Company

UNIFIN is the leading independent Mexican leasing company, operating as a non-banking financial services company, specializing in three main business lines: operating leasing, factoring and auto and other lending. Through UNIFIN’s leasing business line, its core business line, the Company offers operating leases for all types of equipment and machinery, various types of transportation vehicles (including cars, trucks, helicopters, airplanes and other vessels) and other assets in a variety of industries. Through its factoring business line, UNIFIN provides liquidity and financing solutions to its customers by purchasing or discounting accounts receivable and by providing vendor financing. UNIFIN’s auto loans business line is focused on financing the acquisition of new and used vehicles.