Central Puerto Sells AbraSilver Stake for C$192.67 Million Profit
In a regulatory filing, Central Puerto stated: "I am pleased to address you, in my capacity as Head of Market Relations of Central Puerto S.A., in order to inform you that: In the context of a review of the investment in AbraSilver Resource Corp., it was concluded that the equity interest held in such company was no longer strategic in nature. As a result, the Company proceeded to sell one hundred percent of its shareholding in AbraSilver. The total amount collected through such transaction amounted to two hundred twenty-eight million four hundred six thousand eight hundred eighty-five Canadian dollars (C$228,406,885). It should be noted that the amount originally invested in such interest amounted to thirty-five million seven hundred forty-one thousand four hundred seventy-seven Canadian dollars (C$35,741,477), resulting in a gain of one hundred ninety-two million six hundred sixty-five thousand four hundred eight Canadian dollars (C$192,665,408), which was duly recognized in the Company's financial statements. With the funds resulting from the transaction reported in the preceding paragraph, and for purposes of paying an extraordinary cash dividend, CPSA's Board of Directors, as of the date hereof, resolved to partially reverse the Optional Reserve for the Payment of Dividends in the amount of $247,344,290,288, corresponding to the Company's undistributed, realized and liquid earnings computed as from January 1, 2025, pursuant to the balance sheet closed and audited as of December 31, 2025, approved by the General Ordinary Shareholders' Meeting held on April 30, 2026, equivalent to $164.00 per share. The Dividend will be paid to shareholders in cash, in Pesos, in accordance with their respective shareholdings... It is expressly stated that only the shareholdings of record as of September 18, 2026 shall be taken into account for purposes of the dividend payment. The Dividend Payment Date is September 25, 2026."
