Cementos Pacasmayo S.A.A. (NYSE: CPAC; BVL: CPACASC1) (“the Company” or
“Cementos Pacasmayo”) announced today that:
In reference to the statement on 21 September 2015 in relation to the
purchase order placed with Credicorp Capital Sociedad de Bolsa SA Agent
("Credicorp Capital Exchange") and the corresponding Offer Notice
published on the website of the Lima Stock Exchange (www.bvl.com.pe)
to acquire up to 22,500,000 investment shares (Investment shares are
only traded in the Lima Stock Exchange. Investment shares are not the
common shares that are part of the ADR Program) with an issue price of S
/ .2.90 per share (the "Offer"):
Considering that the total number of shares received by Credicorp
Capital has exceeded the maximum number of shares specified in the
offer, the Company’s Management, in accordance with the authority given
by the Board in its meeting on 21 September 2015 and reported in
accordance with the Notice of Offer, has decided to acquire all shares
on demand (37,276,580 investment shares) today (October 15th).
About Cementos Pacasmayo S.A.A.
Cementos Pacasmayo S.A.A. is a leading Peruvian cement company, and the
only cement manufacturer in the Northern region of Peru. In February
2012, the Company’s shares were listed on The New York Stock Exchange -
Euronext under the ticker symbol "CPAC". With more than 57 years of
operating history, the Company produces, distributes and sells cement
and cement-related materials, such as concrete blocks and ready-mix
concrete. Cementos Pacasmayo’s products are primarily used in
construction, which has been one of the fastest-growing segments of the
Peruvian economy in recent years. The Company also produces and sells
quicklime for use in mining operations.
Note on Forward-Looking Statements
This press release may contain forward-looking statements. These
statements are statements that are not historical facts, and are based
on management’s current view and estimates of future economic
circumstances, industry conditions, Company performance and financial
results. Also, certain reclassifications have been made to make figures
comparable for the periods. The words “anticipates”, “believes”,
“estimates”, “expects”, “plans” and similar expressions, as they relate
to the Company, are intended to identify forward-looking statements. Statements
regarding the declaration or payment of dividends, the implementation of
principal operating and financing strategies and capital expenditure
plans, the direction of future operations and the factors or trends
affecting financial condition, liquidity or results of operations are
examples of forward-looking statements. Such statements reflect
the current views of management and are subject to a number of risks and
uncertainties. There is no guarantee that the expected events,
trends or results will actually occur. The statements are based
on many assumptions and factors, including general economic and market
conditions, industry conditions, and operating factors. Any
changes in such assumptions or factors could cause actual results to
differ materially from current expectations.
For more information please visit www.cementospacasmayo.com.pe/investors/
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