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AKO.A Embotelladora Andina

14.3499
1.10 (8.30%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Embotelladora Andina NYSE:AKO.A NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  1.10 8.30% 14.3499 14.3499 13.58 13.58 1,708 21:00:08

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

19/08/2021 2:40pm

Edgar (US Regulatory)


 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN ISSUER

PURSUANT TO RULE 13a-16 OR 15b-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

 

August 2021

Date of Report (Date of Earliest Event Reported)

 

Embotelladora Andina S.A.

(Exact name of registrant as specified in its charter)

 

Andina Bottling Company, Inc.

(Translation of Registrant´s name into English)

 

Avda. Miraflores 9153

Renca

Santiago, Chile

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x      Form 40-F ¨

 

Indicate by check mark if the Registrant is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes ¨       No x

 

Indicate by check mark if the Registrant is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ¨       No x

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form 6-K is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934

Yes ¨      No x

 

 

 

 

 

MATERIAL EVENT   

 

           
CORPORATE NAME   :   EMBOTELLADORA ANDINA S.A.  
SECURITIES REGISTRY   :   00124  
TAXPAYER I.D.   :   91.144.000-8  

 

By virtue of the stipulations in Article 9 and subparagraph 2 of Article 10 of Law 18,045, and the provisions in General Rule No. 30, Section II of the Chilean Superintendence of Securities and Insurance (today Securities Exchange Commission), and being duly empowered to this effect, I hereby report the following regarding Embotelladora Andina S.A. (“Andina”, "Company"), its business, its securities or tender offer, as a material event:

 

On this date, Andina together with Coca Cola Embonor S.A., have subscribed a Distribution Agreement with Sociedad Anónima Viña Santa Rita (hereinafter, the “Agreement”) by virtue of which both companies will assume the sale, commercialization and distribution of certain Sociedad Anónima Viña Santa Rita products, in certain regions of the country.

 

The subscription of the Agreement is part of the Company´s growth and product portfolio diversification strategy that started in 2018, by joining the commercialization and distribution of alcoholic beverages.

 

Among the brands of products of Sociedad Anónima Viña Santa Rita that will be distributed by Andina in the regions of Antofagasta, Atacama, Coquimbo, Metropolitana, Aysén del General Carlos Ibáñez del Campo y Magallanes and Antártica Chilena, as well as in Cachapoal and San Antonio, are included, among others, Casa Real, Medalla Real, Carmen, and 120.

 

Although at this moment it is not possible to anticipate the incremental volume that this transaction will generate, it is reported that in 2020 the volumes of the products included in the Agreement, in the territory where they will be commercialized by Andina, reached approximately 6,3 million unit cases, and the net sales amounted approximately $39.000 million.

 

The Agreement will have a validity of 5 years starting from November 2nd, 2021 and to this date the services must have initialized. Such term shall be renewable under the terms and conditions set forth in the Agreement.

 

Santiago, August 19, 2021.

 

Jaime Cohen

Gerente Corporativo Legal

Embotelladora Andina S.A.

 

 

 

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, in the city of Santiago, Chile.

 

  EMBOTELLADORA ANDINA S.A.
   
  By: /s/ Jaime Cohen
  Name: Jaime Cohen
  Title: Chief Legal Officer

 

Santiago, August 19, 2021

 

 

 

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