Filing Details
- Accession Number:
- 0001654954-19-000640
- Form Type:
- 13D Filing
- Publication Date:
- 2019-01-22 07:57:52
- Filed By:
- Elsztain Eduardo S
- Company:
- Irsa Propiedades Comerciales S.a. (NASDAQ:IRCP)
- Filing Date:
- 2019-01-22
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Eduardo S. Elsztain | 19,052 | 106,837,882 | 19,052 | 106,837,882 | 106,837,882 | 84.78% |
Agroinvestment S.A | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
IFIS Limited | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
Inversiones Financieras del Sur S.A | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
Consultores Assets Management S.A | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
Consultores Venture Capital Uruguay S.A | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
Consultores Venture Capital Limited | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
Cresud S.A.C.I.F. y A | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
Helmir SA | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
0 | 106,837,882 | 10. | 106,837,882 | 106,837,882 | 84.78% | |
Tyrus SA | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
Ritelco SA | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
E-Commerce Latina S.A | 0 | 106,837,882 | 0 | 106,837,882 | 106,837,882 | 84.78% |
Filing
UNITED
STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
SCHEDULE
13D
(Rule
13d-101)
INFORMATION
TO BE INCLUDED IN
STATEMENTS FILED
PURSUANT TO RULE 13d-1(a) AND
AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(a)
Under
the Securities Exchange Act of 1934
(Amendment No.
5)*
IRSA
PROPIEDADES COMERCIALES S.A.
(Name
of Issuer)
Common
Stock, Par Value Ps. 1.00 per Share
(Title
of Class of Securities)
463588103(CUSIP
Number)
Saúl
Zang
Juan
Manuel Quintana
Carolina
Zang
Estudio Zang,
Bergel y Viñes
Florida 537,
18th
Floor
Buenos Aires,
Argentina
+54(11)
4323-4000
(Name,
Address and Telephone Number of Person
authorized
to Receive Notices and Communications)
January
11, 2019
(Date
of Event which Requires Filing of this Statement)
If the filing person has previously filed a
statement on Schedule 13G to report the acquisition that is the
subject of this Schedule 13D, and is filing this schedule because
of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the
following box. G
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits.
See Rule 13d-7 for other
parties to whom copies are to be sent.
*The
remainder of this cover page shall be filled out for a reporting
person’s initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a
prior cover page.
The
information required on the remainder of this cover page shall not
be deemed to be “filed” for the purpose of Section 18
of the Securities Exchange Act of 1934 (“Act”) or
otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however,
see the Notes).
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
2 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) Eduardo
S. Elsztain | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Republic
of Argentina | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 19,052 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 19,052 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON IN |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
3 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) Agroinvestment
S.A. | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Republic
of Uruguay | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 0 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
4 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) IFIS
Limited | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Bermuda | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 0 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
5 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) Inversiones
Financieras del Sur S.A. | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Republic
of Uruguay | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 0 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
6 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) Consultores
Assets Management S.A. | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Republic
of Argentina | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 0 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
7 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) Consultores
Venture Capital Uruguay S.A. | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Republic
of Uruguay | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 0 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
8 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) Consultores
Venture Capital Limited | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Cayman
Islands | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 0 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
9 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) Cresud
S.A.C.I.F. y A. | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Republic
of Argentina | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 0 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
10 of 33 Pages |
1. | NAME
OF REPORTING PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(ENTITIES ONLY)
Helmir SA | ||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP (a) ☒ (b) ☐ | ||
3. | SEC
USE ONLY | ||
4. | SOURCE
OF FUNDS WC-OO | ||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐ | ||
6. | CITIZENSHIP
OR PLACE OF ORGANIZATION
Republic of Uruguay | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE
VOTING POWER
0 | |
8. | SHARED
VOTING POWER 106,837,882 | ||
9. | SOLE
DISPOSITIVE POWER
0 | ||
10. | SHARED
DISPOSITIVE POWER 106,837,882 | ||
11. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES ☐ | ||
13. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE
OF REPORTING PERSON
CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
11 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) IRSA
Inversiones y Representaciones Sociedad Anónima | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Republic
of Argentina | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
12 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) Tyrus
SA | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Republic
of Uruguay | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 0 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
13 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) Ritelco
SA. | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Republic
of Uruguay | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 0 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
14 of 33 Pages |
1. | NAME OF REPORTING
PERSONI.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES
ONLY) E-Commerce
Latina S.A. | ||
2. | CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b)
☐ | ||
3. | SEC USE
ONLY | ||
4. | SOURCE OF
FUNDS WC-OO | ||
5. | CHECK BOX IF
DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) ☐ | ||
6. | CITIZENSHIP OR
PLACE OF ORGANIZATION Republic
of Argentina | ||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | 7. | SOLE VOTING
POWER 0 | |
8. | SHARED VOTING
POWER 106,837,882 | ||
9. | SOLE DISPOSITIVE
POWER 0 | ||
10. | SHARED DISPOSITIVE
POWER 106,837,882 | ||
11. | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 106,837,882 | ||
12. | CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐ | ||
13. | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (11) 84.78% | ||
14. | TYPE OF REPORTING
PERSON CO |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
15 of 33 Pages |
STATEMENT PURSUANT
TO RULE 13d-1 OF THE
GENERAL RULES AND
REGULATIONS UNDER THE
SECURITIES AND
EXCHANGE ACT OF 1934, AS AMENDED
AMENDMENT
No. 5 TO SCHEDULE 13D
This Amendment No.
5 to Schedule 13D (“Amendment No. 5”) amends and
restates Items No. 2, 4, 5 and 6 of Amendment No. 4 to Schedule 13D
filed by the Reporting Persons with the SEC on November 12, 2018
(as amended and restated to the date hereof (the “Schedule
13D”). Capitalized terms used in this Amendment No. 5 but not
defined herein have the meaning given to such terms in the Schedule
13D.
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
16 of 33 Pages |
Item
2. Identity
and Background
(a)-(c), (f) This
statement is being filed by Eduardo S. Elsztain
(“Elsztain”), a citizen of the Republic of Argentina
who serves as Chairman of the board of directors or Director of
each of the following companies:
(i)
IFIS Limited, a
limited liability company organized under the laws of Bermuda
(“IFIS”);
(ii)
Inversiones
Financieras del Sur S.A., a stock corporation organized under the
laws of the Republic of Uruguay (“IFISA”);
(iii)
Consultores Assets
Management S.A., a stock corporation company organized under the
laws of the Republic of Argentina (“CAM”);
(iv)
Consultores Venture
Capital Limited, a limited liability company organized under the
laws of the Cayman Islands (“CVC Cayman”);
(v)
Consultores Venture
Capital Uruguay S.A., a stock corporation company organized under
the laws of the Republic of Uruguay (“CVC
Uruguay”);
(vi)
Agroinvestment
S.A., a stock corporation organized under the laws of the Republic
of Uruguay (“Agroinvestment”);
(vii)
Helmir S.A., a
stock corporation organized under the laws of the Republic of
Uruguay (“Helmir”);
(viii)
Tyrus S.A., a stock
corporation organized under the laws of the Republic of Uruguay
(“Tyrus”),
(ix)
Cresud S.A.C.I.F.y
A., a stock corporation organized under the laws of the Republic of
Argentina (“Cresud”);
(x)
Ritelco S.A., a
stock corporation organized under the laws of the Republic of
Uruguay (“Ritelco”);
(xi)
E-Commerce Latina
S.A., a stock corporation organized under the laws of the Republic
of Argentina (“E-Commerce”); and
(xii)
IRSA Inversiones y
Representaciones Sociedad Anónima, a stock corporation
organized under the laws of Argentina (“IRSA” and,
together with Elsztain, IFIS, IFISA, CAM, CVC Cayman, CVC Uruguay,
Agroinvestment, Helmir, Tyrus, Cresud, Ritelco and E-Commerce, the
“Reporting Persons”).
(i)
Elsztain’s, CAM’s and IRSA’s principal offices
are located at Bolivar 108, 1st floor, C1066AAD, Buenos Aires,
Argentina; (ii) IFIS’ principal offices are located at
Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda; (iii)
IFISA’s and CVC Uruguay’s principal offices are located
at Ruta 8 Km 17.500 Edificio@1 Local 106, CP 91600 Montevideo,
Republic of Uruguay; (iv) CVC Cayman’s principal offices are
located at 89 Nexus Way, Camana Bay, P.O. Box 31106, Grand Cayman,
KY1-1205, Cayman Islands; (v) Agroinvestment's, Helmir’s,
Ritelco’s and Tyrus’ principal offices are located at
Zabala 1422, Floor 2, 11000, Montevideo, Republic of Uruguay; (vi)
Cresud’s principal offices are located at Moreno 877, 23rd
floor, C1091AAQ, Buenos Aires, Argentina; and (vii)
E-Commerce’s principal offices are located at Florida 537,
18th
floor, C1005AAK, Buenos Aires, Argentina.
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
17 of 33 Pages |
Due to the fact
that Mr. Elsztain controls each of the other Reporting Persons, the
Reporting Persons report their direct and indirect ownership of
common shares as “shared” voting and dispositive power
other than common shares held directly by other than common shares
held directly by Mr. Elsztain (and not through any other Reporting
Person).
The name, business
address, present principal occupation or employment, and
citizenship of each executive officer and director of the Reporting
Persons are set forth in Schedule A hereto.
(d) Neither the
Reporting Persons nor, to the best knowledge of the Reporting
Persons, any person named in Schedule A hereto, has been convicted
in a criminal proceeding (excluding traffic violations or similar
misdemeanors) within the last five years.
(e) During the last
five years, neither the Reporting Persons nor, to the best
knowledge of the Reporting Persons, any person named in Schedule A
hereto, has been a party to any civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of which
any such person was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting activities
subject to, federal or state securities laws or finding any
violation of such law.
Item
4. Purpose
of Transaction
Since November 12,
2018, and until the date of issuance of this document, the
Reporting Persons have increased their beneficial ownership of IRSA
Propiedades Comerciales S.A.’s Common Stock by 0.31% of IRSA
Propiedades Comerciales S.A.’s outstanding share capital.
Such increase in share ownership is the result of:
●
The purchase in the
open market of common shares 884,144 (221,036 ADRs);
●
On December
28, 2018, Cresud reported that its Board of Directors has approved
the cancellation of the debt for accrued fees from 2012 to 2018
that the company has with Consultores Assets Management S.A. On
January 11, 2019, Cresud partially paid its debt with 2,216,133
shares of IRSA Propiedades Comerciales S.A. of which, 1,717,503
shares of IRSA Propiedades Comerciales S.A. were transferred
to Consultores Venture Capital Uruguay S.A., while the rest of the
shares were paid to a director of a company included in Item
2.
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
18 of 33 Pages |
Except as described
above, neither the Reporting Persons nor, to the best knowledge of
the Reporting Persons, any person named in Schedule A hereto, has
any present plans or intentions that could result in or relate to
any of the actions described in subparagraphs (a) through (j) of
Item 4 of Schedule 13D.
Item
5. Interests
in Securities of the Issuer
(a) As of January 11,
2019, the Reporting Persons beneficially owned 106,837,882 shares
of IRSA Propiedades Comerciales S.A., representing 84.78% of its
share capital.
The following is a
detailed description of the Reporting Persons’ beneficial
ownership of IRSA Propiedades Comerciales S.A.s’ Common Stock
as of January 11, 2019:
(i)
Elsztain is the
Chairman of the board of directors or Director of IFIS, IFISA,
Cresud, IRSA, CAM, CVC Uruguay, CVC Cayman, Agroinvestment, Helmir,
E-commerce, Ritelco and Tyrus. As of January 11, 2019, Elsztain
held (through companies controlled by him and proxies) a majority
of the voting power in IFIS Ltd. As of January 11, 2019, Elsztain
holds 100% of the outstanding equity capital of Agroinvestment. As
of January 11, 2019, Elzstain owned 85.0% of the outstanding equity
capital of CAM which owns 100% of CVC Uruguay which in turn owns
100% of CVC Cayman. As of that same date, Elsztain directly owned
272,751 common shares of Cresud, representing approximately 0.05%
of Cresud’s outstanding shares capital; and directly owned
19,052 common shares of IRSA Propiedades Comerciales S.A.’s
representing 0.02% of IRCP's outsanting shares
capital.
(ii)
IFIS is the direct
owner of 100% of the common shares of IFISA and does not directly
own any equity in IRSA Propiedades Comerciales S.A.
(iii)
IFISA is the direct
owner of 114,926,563 common shares of Cresud representing
approximately 22.91% of Cresud’s outstanding common stock and
does not directly own any equity in IRSA Propiedades Comerciales
S.A.
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
19 of 33 Pages |
(iv)
CAM does not
directly own any equity in IRSA Propiedades Comerciales
S.A.
(v)
CVC
Uruguay directly owns 920 common shares of Cresud representing
approximately 0.0002% of Cresud’s outstanding common shares;
moreover CVC Uruguay directly owned 5,956,675 common shares of IRSA
Inversiones y Representaciones, representing approximately 1.03% of
IRSA´s outstanding shares capital; the company also is the
direct owner of 1,717,503 common shares of IRSA Propiedades
Comerciales S.A. representing 1.36% of IRCP´s outstanding
shares capital.
(vi)
CVC Cayman serves
as the Investment Manager of IFIS and does not own any equity in
IRSA Propiedades Comerciales S.A.
(vii)
Agroinvestment
directly owns 67,125,740 common shares of Cresud representing
approximately 13.38% of Cresud’s outstanding common shares
and does not own any equity in IRSA Propiedades Comerciales
S.A.
(viii)
Cresud directly
owns 356,913,421 common shares of IRSA, which represents 61.68% of
IRSA’s outstanding stock and is the direct owner of 1,851,963
common shares of IRSA Propiedades Comerciales S.A. representing
approximately 1.47% of IRSA Propiedades Comerciales S.A.
outstanding common stock.
(ix)
Cresud directly
owns 100% of the common shares of Helmir.
(x)
Helmir directly
owns 2,188,790 IRSA common shares, representing 0.38% of IRSA
outstanding common shares and Helmir does not directly own any
equity in IRSA Propiedades Comerciales S.A.
(xi)
IRSA directly owns
102,235,040 IRSA Propiedades Comerciales S.A.’s common stock
representing approximately 81.13% of IRSA Propiedades Comerciales
S.A.’s outstanding common shares.
(xii)
IRSA directly owns
100% of the common shares of Tyrus, which in turn owns 3.26% of
E-Commerce.
(xiii)
IRSA directly owns
100% of the common shares of Ritelco, which in turn owns 0.0000001%
of E-Commerce.
(xiv)
IRSA directly owns
97.74% of the common shares of E-Commerce
(xv)
Tyrus
directly owns 20,733 common stock of IRSA Propiedades Comerciales
S.A. representing approximately 0.02% of IRSA Propiedades
Comerciales S.A.‘s outstanding capital.
(xvi)
E-Commerce directly
owns 993,591 common stock of IRSA Propiedades Comerciales
S.A.’s representing approximately 0.79% of IRSA Propiedades
Comerciales S.A.’s outstanding shares capital.
(xvii)
Ritelco does not
directly own any equity in IRSA Propiedades Comerciales
S.A.
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
20 of 33 Pages |
Set forth below is
a diagram of the Reporting Persons’ beneficial ownership of
IRSA Propiedades Comerciales S.A., as of January 11,
2019:
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
21 of 33 Pages |
Given the
foregoing, the Reporting Persons may be deemed to be the beneficial
owners of 106,837,882 IRSA Propiedades Comerciales S.A.’s
common shares, representing 84.78% of the issued and outstanding
common shares of IRSA Propiedades Comerciales S.A., as of January
11, 2019.
(b) Item 4(a) is
incorporated herein by reference.
(c) Transactions by the
Reporting Persons or persons named in Schedule A hereto in IRSA
Propiedades Comerciales S.A.’s common stock that were
effected during the past 60 days are listed on Annex I, which is
incorporated herein by reference.
(d)-(e) Not
applicable.
Item
6.
Contracts,
Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
Other than as set
forth above or otherwise described in this Amendment No. 5, there
are no contracts, arrangements, understandings or relationships
with respect to any securities of IRSA Propiedades Comerciales S.A.
to which the Reporting Persons are a party.
Item
7. Material
to Be Filed as Exhibits
None.
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
22 of 33 Pages |
Schedule
A
| Eduardo S.
Elsztain Bolivar 108,
1st
floor (1066) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
Directors
of IFIS Limited
1. | Eduardo S.
Elsztain Chairman Clarendon
House, 2 Church
Street, Hamilton HM 08,
Bermuda, Bermuda. Citizen of
Argentina | 3. | Mariana Renata
Carmona de Elsztain Director Clarendon
House, 2 Church
Street, Hamilton HM 11,
Bermuda, Bermuda. Citizen of
Argentina |
2. | Saul
Zang Director Clarendon
House, 2 Church
Street, Hamilton HM 08,
Bermuda, Bermuda. Citizen of
Argentina | 4. | Alejandro Gustavo
Elsztain Director Clarendon
House, 2 Church
Street, Hamilton HM 11,
Bermuda, Bermuda. Citizen of
Argentina |
| | | |
Directors
of Consultores Venture Capital Uruguay
1. | Eduardo S.
Elsztain Chairman Ruta 8K 17.500 Edificio@1 Local
106, CP 91609 Montevideo Republic of
Uruguay Citizen of
Argentina | 3. | Olga
Stirling Director Ruta 8K 17.500 Edificio@1 Local
106, CP 91609 Montevideo Republic of Uruguay Citizen of
Uruguay | |
2. | Eduardo Simon
Bartfeld Director Ruta 8K 17.500 Edificio@1 Local
106, CP
91609 Montevideo Republic of Uruguay Citizen of
Uruguay | 4. | Saul
Zang Vice-Chairman Ruta 8 KM 17.500 Edificio@1 Local
160, 91600, Montevideo Republic of Uruguay Citizen of
Argentina | |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
23 of 33 Pages |
Schedule
A
Directors
of Consultores Assets Management S.A.
1. | Eduardo S.
Elsztain Chairman Bolivar 108, 1st
Floor (C1066AAD) Ciudad
Autónoma de Buenos Republic of
Argentina Citizen of
Argentina | 3. | Mariana Renata
Carmona de Elsztain First Vice
Chairman Bolivar 108, 1st
Floor (C1066AAD) Ciudad
Autónoma de Buenos Republic of
Argentina Citizen of
Argentina |
2. | Saul
Zang Second Vice
Chairman Bolivar 108, 1st
Floor (C1066AAD) Ciudad
Autónoma de Buenos Republic of
Argentina Citizen of
Argentina | 4. | Ilan Ariel
Elsztain Alternate
Director Bolivar 108, 1st
Floor (C1066AAD) Ciudad
Autónoma de Buenos Republic of
Argentina Citizen of
Argentina |
Directors
of Consultores Venture Capital Limited
1. | Eduardo S.
Elsztain Chairman 89 Nexus
Way, Camana
Bay, Grand
Cayman, KY1-1205, Cayman
Islands Citizen of
Argentina | 2. | Saul
Zang Director 89 Nexus
Way, Camana
Bay, Grand
Cayman, KY1-1205, Cayman
Islands Citizen of
Argentina |
Directors
of Inversiones Financieras del Sur S.A.
1. | Eduardo S.
Elsztain Chairman Ruta 8K 17.500 Edificio@1 Local
106, CP 91609 Montevideo Republic of
Uruguay Citizen of
Argentina | 3. | Eduardo Simon
Bartfeld Director Ruta 8K 17.500 Edificio@1 Local
106, CP 91609 Montevideo Republic of
Uruguay Citizen of
Uruguay |
2. | Saúl
Zang Vice
Chairman Ruta 8K 17.500 Edificio@1 Local
106, CP 91609 Montevideo Republic of
Uruguay Citizen of
Argentina | 4. | Olga
Stirling Director Ruta 8K 17.500 Edificio@1 Local
106, CP 91609 Montevideo Republic of
Uruguay Citizen of
Uruguay |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
24 of 33 Pages |
Schedule
A
Directors
of Agroinvestment S.A.
1. | Eduardo S.
Elsztain Chairman of the
Board Zabala 1422, 2nd
Floor, 11500
Montevideo Republic of
Uruguay Citizen of
Argentina | 3. | Eduardo Simon
Bartfeld Director Zabala 1422, 2nd
Floor, 11500
Montevideo Republic of
Uruguay Citizen of
Argentina
|
2. | Mariana Renata
Carmona de Elsztain Director Zabala 1422, 2nd
Floor, 11500
Montevideo Republic of
Uruguay Citizen of
Argentina
| | |
Directors
and Executive Officers of
Cresud Sociedad
Anónima Comercial, Inmobiliaria, Financiera y
Agropecuaria
Directors
1. | Eduardo Sergio
Elsztain Chairman Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 8. | Daniel Elias
Mellicovsky Director Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
2. | Saúl
Zang Vice
Chairman Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 9. | Alejandro Gustavo
Casaretto Director Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
3. | Alejandro Gustavo
Elsztain Second Vice
Chairman Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 10. | Gastón Armando
Lernoud Alternate
Director Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
4. | Gabriel Adolfo
Gregorio Reznik Director Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 11. | Enrique
Antonini Alternate
Director Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
5. | Jorge Oscar
Fernández Director Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 12. | Eduardo
Kalpakian Alternate
Director Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
25 of 33 Pages |
Schedule
A
6. | Fernando
Adrián Elsztain Director Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | | |
7. | Pedro Damaso
Labaqui Director Moreno 877, 23rd
Floor (C1091AAQ) Ciudad
Autónoma de Buenos Aires Republic of
Argentina Citizen of
Argentina | | |
Executive
Officers
1. | Alejandro Gustavo
Elsztain Chief Executive
Officer Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 3. | Alejandro Gustavo
Casaretto Regional Manager of
Agricultural Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
2. | Matias Iván
Gaivironsky Chief Financial
Officer and Chief Administrative Officer Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 4. | Carlos
Blousson Chief Executive
Officer of the Bolivian and Argentinean Operations Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
| | | |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
26 of 33 Pages |
Schedule
A
Directors
and Executive Officers of
IRSA Inversiones y
Representaciones Sociedad Anónima
Directors
1. | Eduardo Sergio
Elsztain Chairman Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina | 10. | Mauricio
Wior Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
USA |
2. | Saul
Zang First
Vice-Chairman Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina | 11. | Gabriel A.
Reznik Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina |
3. | Alejandro Gustavo
Elsztain Second
Vice-Chairman Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina | 12. | Ricardo
Liberman Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina |
4. | Fernando
Adrián Elsztain Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina | 13. | Daniel R.
Elsztain Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina |
5. | Carlos Ricardo
Esteves Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina | 14. | Fernando
Rubin Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina |
6. | Cedric D.
Bridger Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina | 15. | Enrique
Antonini Alternate
Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina |
7. | Marcos Moisés
Fischman Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina | 16. | Gastón A.
Lernoud Alternate
Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
27 of 33 Pages |
Schedule
A
8. | Gary S.
Gladstein Director Bol’var 108,
1 floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of United
States | | |
9. | Mario
Blejer Director Bolivar 108, 1
floor(C1066AAD) Buenos Aires Republic of
Argentina Citizen of
Argentina | | |
Senior
Management
1. | Eduardo Sergio
Elsztain Chief Executive
Officer Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 3. | Arnaldo
Jawerbaum Investment
Manager Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | ||
2. | Mat’as
Iván Gaivironsky Chief Financial
Officer Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 4. | Daniel R.
Elsztain Chief Real Estate
Business Officer Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen
of Argentina | ||
| | | |
Directors
of Helmir S.A.
1. | Eduardo Sergio
Elsztain Chairman Zabala 1422, Floor
2, CP 11000
Montevideo Republic of
Uruguay Citizen of
Argentina | 3. | Alejandro Gustavo
Elsztain Second
Vice-Chairman Zabala 1422, Floor
2, CP 11000 Montevideo Republic of
Uruguay Citizen of
Argentina |
2. | Saúl
Zang First
Vice-Chairman Zabala 1422, Floor
2, CP 11000
Montevideo Republic of
Uruguay Citizen of
Argentina | 4. | Olga
Stirling Director Zabala 1422, Floor
2, CP 11000 Montevideo Republic of
Uruguay Citizen of
Uruguay |
Directors
of Tyrus S.A.
1. | Eduardo Sergio
Elsztain Chairman Zabala 1422, Floor
2, CP 11000
Montevideo Republic of
Uruguay Citizen of
Argentina | 3. | Alejandro Gustavo
Elsztain Second
Vice-Chairman Zabala 1422, Floor
2, CP 11000 Montevideo Republic of
Uruguay Citizen of
Argentina |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
28 of 33 Pages |
Schedule
A
2. | Saúl
Zang First
Vice-Chairman Zabala 1422, Floor
2, CP 11000
Montevideo Republic of
Uruguay Citizen of
Argentina | 4. | Olga
Stirling Director Zabala 1422, Floor
2, CP 11000 Montevideo Republic of
Uruguay Citizen of
Uruguay |
Directors
of E-Commerce Latina S.A.
1. | Eduardo Sergio
Elsztain Chairman Florida 537,
18th
floor (C1005AAK) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 5. | Pablo Daniel
Vergara Del Carril Director Florida 537,
18th
floor (C1005AAK) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
2. | Fernando
Adrián Elsztain Vice-Chairman Florida 537,
18th
floor (C1005AAK) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 6. | Jose Luis
Rinaldini Alternate
Director Florida 537,
18th
floor (C1005AAK) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
3. 4. | Daniel Ricardo
Elsztain Director Florida 537,
18th
floor (C1005AAK) Buenos
Aires Republic of
Argentina Citizen of
Argentina Gastón Armando
Lernoud Director Florida 537,
18th
floor (C1005AAK) Buenos
Aires Republic of
Argentina | 7. | Juan Manuel
Quintana Alternate
Director Florida 537,
18th
floor (C1005AAK) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
Directors
of Ritelco S.A.
Eduardo Sergio
Elsztain Chairman Zabala 1422, Floor
2, CP 11000 Montevideo Republic of
Uruguay Citizen of
Argentina | 3. | Alejandro Gustavo
Elsztain Director Zabala 1422, Floor
2, CP 11000 Montevideo Republic of
Uruguay Citizen of
Argentina |
Saúl
Zang Vice-Chairman Zabala 1422, Floor
2, CP 11000 Montevideo Republic of
Uruguay Citizen of
Argentina | 4. | Olga
Stirling Director Zabala 1422, Floor
2, CP 11000 Montevideo Republic of
Uruguay Citizen of
Uruguay |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
29 of 33 Pages |
Schedule
A
Directors
and Executive Officers of IRSA Propiedades Comerciales
S.A.
Directors
1. | Eduardo Sergio
Elsztain Chairman Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 9. | Marcos Oscar
Barylka Director Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
2. | Saul
Zang First
Vice-Chairman Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 10. | Juan Manuel
Quintana Alternate
Director Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
3. | Alejandro Gustavo
Elsztain Second
Vice-Chairman Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 11. | Salvador Darío
Bergel Alternate
Director Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
4. | Fernando
Adrián Elsztain Director Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 12. | Mauricio
Wior Alternate
Director Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
5. | Enrique
Antonini Director Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 13. | Pablo Daniel
Vergara del Carril Alternate
Director Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
6. | Daniel Ricardo
Elsztain Director Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 14. | Gaston Armando
Lernoud Alternate
Director Moreno 877, 23rd
floor (C1091AAQ) Buenos
AiresRepublic of Argentina Citizen of
Argentina |
7. | Leonardo
Fernández Director Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | 15. | Gabriel Adolfo
Gregorio Reznik Alternate
Director Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
30 of 33 Pages |
Schedule
A
8. | Isela Angélica
Costantini Director Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina | | |
Senior
Management
1. | Alejandro Gustavo
Elsztain Chief Executive
Officer Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
4. | Juan José
Martinucci Chief Commercial
Officer Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina |
2. 3. | Daniel Ricardo
Elsztain Chief Operating
Officer Moreno 877, 23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina Juan José
Martinucci Chief Commercial
Officer Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina
| 5. | Arnaldo
Jawerbaum Investment
Manager Moreno 877,
23rd
floor (C1091AAQ) Buenos
Aires Republic of
Argentina Citizen of
Argentina
|
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
31 of 33 Pages |
Schedule
A
Annex
1
Transactions by the Reporting Persons or persons named in Schedule
A hereto in Shares
that were effected during the past 60 days
●
In
the last 60 days Alejandro Gustavo Elsztain acquired 498,630
IRCP´s common shares at an average price of ARS
169.93
●
In
the last 60 days Alejandro Gustavo Elsztain bought 3,550
IRCP´s ADRs at an average price of USD 17.65
●
In
the last 60 days Eduardo Sergio Elsztain bought 4,763 IRCP´s
ADRs at an average price of USD 20.83
●
In
the last 60 days Ilan Ariel Elsztain bought 205 IRCP´s common
shares at an average price of ARS 170.00
●
In
the last 60 days Ilan Ariel Elsztain bought 650 IRCP´s ADRs at
an average price of USD 18.23
●
In
the last 60 days Cresud transferred 2,216,133 IRCP´s common
shares at an average price of ARS 169.93
●
In
the last 60 days Cresud acquired 24,276 IRCP´s common shares
at an average price of ARS 220.00 from Helmir, a fully owned
company.
●
In
the last 60 days Consultores Venture Capital Uruguay acquired
1,717,503 IRCP´s common shares at an average price of ARS
169.93
●
In
the last 60 days E-Commerce bought 216,273 IRCP´s ADRs at an
average price of USD 17.52
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
32 of 33 Pages |
Schedule
A
SIGNATURE
After reasonable
inquiry and to the best of his knowledge and belief, the
undersigned certifies that the information set forth in this
Statement on Schedule 13D is true, complete and
correct.
DATED: January 11,
2019
Eduardo
S. Elsztain | Consultores
Assets Management S.A. |
By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain | By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain Title: Chairman of
the Board |
| |
IFIS
Limited | Consultores
Venture Capital Limited |
By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain Title: Chairman of
the Board | By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain Title: Chairman of
the Board |
| |
Inversiones
Financieras del Sur S.A. | Cresud
Sociedad Anónima Comercial, Inmobiliaria, Financiera y
Agropecuaria |
By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain Title: Chairman of
the Board | By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain Title: Chairman of
the Board |
| Ritelco By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain Title: Chairman of
the Board |
IRSA
Inversiones y Representaciones Sociedad Anónima | Helmir
S.A |
By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain Title: Chairman of
the Board | By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain Title: Chairman of
the Board |
| |
Consultores
Venture Capital Uruguay | Agroinvestment
S.A. |
By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain Title: Chairman of
the Board | By: /S/ Eduardo S.
Elsztain Name: Eduardo S.
Elsztain Title: Chairman of
the Board |
SCHEDULE
13D
CUSIP
No. 463588103 | | Page
33 of 33 Pages |
Schedule
A
Tyrus
S.A. | E-Commerce
Latina S.A. |
By: /S/ Eduardo S.
Elsztain
By: /S/ Eduardo S.
Elsztain
Name: Eduardo S.
Elsztain
Name:
Eduardo S. Elsztain
Title: Chairman of
the Board
Title: Chairman of the
Board