SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the
Securities Exchange Act of 1934
For the month of April 2014
Commission File Number: 001-14014
CREDICORP LTD.
(Translation of registrant’s name into English))
Clarendon House
Church Street
Hamilton HM 11 Bermuda
(Address of principal executive office)
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-Fx 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): ____
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): ____
April 8, 2014
SUPERINTENDENCIA DEL MERCADO DE VALORES - SMV
Att. Registro Público del Mercado de Valores
Re.: MATERIAL EVENT
Dear Sirs:
In accordance with article 28 of the Capital Markets Law, approved by Law DS N° 093-2002-EF, and CONASEV Resolution for Material Events, Reserved Information and Other Communications N° 107-2002-EF/94.10, as modified by CONASEV Resolution N° 009-2003-EF/94.10, Credicorp Ltd. complies with notifying you of the following Material Event.
On April 8, 2014, Grupo Crédito S.A. and Empresa Financiera Edyficar S.A., subsidiaries of Credicorp Ltd., acquired from International Finance Corporation (IFC) the following stake in Mibanco:
Entity | Class A with voting rights | Class B without voting rights |
Grupo Crédito S.A. | 21,335,405 | 1,146,943 |
Empresa Financiera Edyficar S.A. | 6,400,700 | 344,200 |
The acquisitions were made through the Bolsa de Valores de Lima -BVL (Lima Stock Exchange). Through these transactions Grupo Crédito S.A. and Empresa Financiera Edyficar S.A. acquired 5% and 1.5% stake in Mibanco, respectively. The total amount paid for both transactions amounted to S/. 54,070,408.80, which is equivalent to US$ 19,225,717.82, approximately.
Furthermore, according to the Capital Markets Law, Credicorp’s subsidiaries will proceed to make a Tender Offer (OPA for its initials in Spanish, Oferta Pública de Adquisición) to minority shareholders of Mibanco within the tenure and procedures stipulated in the Law.
The information in this Form 6-K (including any exhibit hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.
Sincerely,
/s/ | Mario Ferrari | ||||
Stock Market Representative | |||||
Credicorp Ltd. |
SIGNATURE
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.
Date: April 9, 2014
CREDICORP LTD. (Registrant) | |||
By: | /s/ Mario Ferrari | ||
Mario Ferrari | |||
Authorized Representative |