Divestiture of Peruvian Subsidiaries (continued)
In compliance with current reporting requirements and further to that released on May 31 and October 2 by way of a “Relevant Information” announcement, Grupo de Inversiones Suramericana S.A., Grupo SURA, confirms that its subsidiaries Sura Asset Management S.A y Sura Asset Management Perú S.A, in conjunction with Grupo Wiese, all three in their capacity as sellers, together with Intercorp Financial Services Inc. (“IFS”) and Interseguro Compañía de Seguros S.A., these in their capacity as buyers, have signed the legal documents aimed at perfecting the sale of up to 100% of the share capital belonging to Seguros Sura S.A. (“Seguros Sura Perú”) and Hipotecaria Sura Empresa Administradora Hipotecaria S.A. (“Hipotecaria Sura Perú”). The signing of this share purchase agreement came about after duly obtaining the regulatory permits issued for this purpose in Peru at the beginning of October. The price of this SPA was agreed at US$ 276,380,000. Sura Asset Management S.A. and Sura Asset Management Peru S.A. directly and indirectly held 69.29% of the share capital belonging to Seguros Sura Perú, as well as 70% of that belonging to Hipotecaria Sura. The remaining percentages were held by Grupo Wiese.