FORM
6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of
Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of July 2023
Commission File Number: 001-12568
BBVA Argentina Bank S.A.
(Translation of registrants name into English)
111
Córdoba Av, C1054AAA
Buenos Aires, Argentina
(Address of principal executive offices)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form
20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ☐ No ☒
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes ☐ No ☒
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b): N/A
BBVA Argentina
Bank S.A.
TABLE OF CONTENTS
Material
Event
Dividends
payment. Installment 2 of 6
Autonomous City of Buenos Aires, July 5, 2023
Dividends payment. Installment 2 of 6.
The Shareholders of Banco BBVA Argentina S.A. are
hereby notified that in accordance with the resolutions of the General Ordinary and Extraordinary Shareholders' Meeting held on April
28, 2023, the authorization of the Argentine Financial and Exchange Institutions Authority of the Argentine Central Bank obtained on May
31, 2023 and the Board of Directors' meeting held on June 7, 2023, the shares of Banco BBVA Argentina S.A., the Bank will proceed to make
available and pay to its existing shareholders on the Bank's share register, as of July 17, 2023 (“Cut-Off Date”) of Installment
2, as of July 20, 2023 (“Payment Date”), a dividend, by means of the delivery of:
| (i) | Payment in Kind: Up to 8,254,072,169 par value of the National Treasury
Bill in Pesos Adjusted by CER at a discount due November 23, 2023 (ISIN ARARGE520DT9) Ticker X23N3 (CV code 9197) at a ratio of par value
13.4714156856 of the above mentioned security for each Company share of Ps. 1 par value, which represents 1370.99 % of the capital stock
of Ps. 612,710,079. Fractions of less than 1 will be settled in Pesos; or |
| (ii) | Cash option: Up to Ps. 8,400,169,246.50 at a ratio of Ps. 13.7098597435
for each Company share of Ps. 1 par value. |
Payments will be made in kind, except for those
shareholders who expressly elect to receive their dividend in cash in Argentine pesos. The final amounts of the nominal values or
pesos detailed in items (i) and (ii) above will depend on the exercise of the option of payment in pesos.
General terms and conditions of dividend payment.
Payment date: July 20.
Cut-off date: July 17
Those shareholders who hold their shares in the Shareholders
Registry kept by Caja de Valores S.A. on behalf of Banco BBVA Argentina S.A. should contact such entity at the e-mail address corporateactions-arg@bbva.com
to obtain information on the procedure applicable for the purpose of disposing of the securities as dividends in kind.
It is expressly stated that the Shareholders holdings
recorded as of the Cut-Off Date for each installment will be the only ones taken into account for purposes of the payment of the declared
dividend. Notices given by those who are not holders of shares of Banco BBVA Argentina S.A. as of the Cut-Off Date shall be deemed not
to have been submitted and shall be null and void.
Cash payment option
Those shareholders who wish to receive their dividend
in Argentine pesos must send a written notice, signed by the holder of the shares, from July 5 through July 17, 2023, inclusive,
on business days within said period, from 10:00 a.m. to 3:00 p.m., to Banco BBVA Argentina S.A. at the following e-mail address: corporateactions-arg@bbva.com,
or to Reconquista 199 EP, Autonomous City of Buenos Aires, C/O Ezequiel Serra. The option will be valid exclusively for this installment.
Those shareholders who hold their shares in a Caja de Valores depositary must send such notice through their custodian agent, detailing
ownership and account number. The resulting funds will be wired to the bank account informed by their agent.
Such option may not be partially exercised, and will
apply to the total of the shareholder's position as of the cut-off date.
The dividend will be made available through Banco
BBVA Argentina S.A. from 10:00 a.m. to 3:00 p.m., at Av. Córdoba 111, Autonomous City of Buenos Aires.
Payment in Kind
The dividend will be made available as from the date
indicated above, through Caja de Valores S.A., located at 25 de Mayo 362, Autonomous City of Buenos Aires, on business days from 10:00
a.m. to 3:00 p.m., where the required formalities must be complied with and settlements will be made in accordance with the regulatory
deadlines.
American Depositary Shares (ADSs)
Holders of American Depositary Shares (ADSs) will
receive payment through the depository bank, Bank of New York Mellon, as of the date resulting from the application of the rules in force
in the jurisdiction where Banco BBVA Argentina S.A.'s ADSs are listed. In this regard, the cut-off and/or payment dates may differ from
those reported herein.
Tax withholdings
From the distribution of dividends, the
amounts duly paid by Banco BBVA Argentina S.A., in its capacity as Substitute Obligor for the Personal Property Tax corresponding to the
periods 2021 and 2022 of Shareholders who have been subject to such tax, shall be deducted, as the case may be, in accordance with the
terms of the last paragraph of section incorporated by Law No. 26,452 after section 25 of Law No. 23,966.
It is also informed that such payment is partially
subject to the 7% withholding established in article 97 of the Income Tax Law, text as amended in 2019 (provided that the beneficiaries
of the dividends are individuals and undivided estates resident in the country and beneficiaries abroad) but will not be subject to the
35% withholding established in article 74 of the Income Tax Law, text as amended in 2019". For those shareholders included in the
law, a ratio of nominal value 13.2507642371 of the mentioned security will be taken for each Company share of Ps. 1 par value, and in
case of option in Argentine pesos to a ratio of value Ps. 13.4853027641.- for each Company share of $ 1 par value.
Sincerely,
BANCO BBVA ARGENTINA S.A.
Eduardo González Correas
Head of Market Relations
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
BBVA Argentina Bank S.A. |
|
|
|
|
Date: July 5, 2023 |
|
|
|
By: |
|
/s/ Carmen Morillo Arroyo |
|
|
|
|
|
|
Name: Carmen Morillo Arroyo |
|
|
|
|
|
|
Title: Chief Financial Officer |
Banco BBVA Argentina (NYSE:BBAR)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Banco BBVA Argentina (NYSE:BBAR)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024