Unifin shareholders approve capital increase

Mexico City, Mexico, June 5th, 2020 – UNIFIN Financiera, S.A.B. de C.V. (BMV: UNIFINA) (“UNIFIN” or the “Company”), informs that today the Company’s Shareholder Meeting (the “Meeting”) approved a capital increase of up to $2,520 million pesos by a favorable vote of over 92% of the shares with voting rights. This capital increase will be conducted through the issuance of up to 140 million shares that will be held in the Company’s treasury (the “New Shares”). The Assembly also approved granting the shareholders the preferential subscription right to the New Shares, in proportion to their participation in the Company’s capital stock, at a subscription price of $18 pesos per share, which will be exercised in accordance with the exercise notice to be published by the Company in due course.

 

Miranda Newswire – Full Press Release: Download PDF

 

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.

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