Filing Details

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This Amendment No. 7 amends the Statement on Schedule 13D originally filed on February 15, 2005, as amended by Amendment No. 1, filed on August 3, 2006,  as amended and restated by Amendment No. 2, filed on February 2, 2007, as amended and restated by Amendment No. 3, filed on September 7, 2007, as amended and restated by Amendment No. 4, filed on November 29, 2007, as amended and restated by Amendment No. 5, filed on June 7, 2017, as amended and restated by Amendment No. 6, filed on May 9, 2018 (as so amended and restated, this “Statement”) and relates to the Series B common shares, without nominal value (“Series B Shares”), of Sociedad Quimica y Minera de Chile S.A., a company organized under the laws of Chile (“SQM” or the “Company”).  The principal executive offices of SQM are located at El Trovador 4285, piso 6, Las Condes, Santiago, Chile.

The following amendments to Items 2, 3, 4, 5, and 6 of the Statement are hereby made:

 

Item 2 of the Statement is hereby amended by adding the following two sentences to the end of the eighth paragraph of Item 2 under the sub-section “Mr. Ponce Lerou”:

On May 24, 2018, the Chilean Constitutional Court sided with Mr. Ponce Lerou and decided that the legislative justifications underpinning the amount of the penalties applied by the SVS against Mr. Ponce Lerou for alleged infringements of the Chilean Corporations Act and the Chilean Securities Act were contrary to the Constitution of the Republic of Chile and therefore inapplicable. The effect of such a ruling would be to likely reduce Mr. Ponce Lerou’s applicable fine from the SVS.

Item 3 of the Statement is hereby amended by adding the following paragraph to the end of Item 3:

On May 31, 2018 and June 1, 2018, Pampa purchased on the Chilean Stock Exchange 698,002 and 10,250 Series B Shares, respectively, for an aggregate purchase price of Ch$22,832,220,295 and Ch$330,996,880, respectively.  Pampa’s source of funds for these purchases was financing provided by the brokers involved in the transactions.

 

Item 4 of the Statement is hereby amended by adding the following after the eighth paragraph of Item 4:

The open market purchases on May 31, 2018 and June 1, 2018 by Pampa of Series B Shares were for investment purposes.

 

Item 5, sections (a) and (b) of the Statement are hereby amended by replacing “11,632,797 Series B Shares” with “12,341,049 Series B Shares” and “9.66% of Series B Shares with “10.25% Series B Shares”.

 

Item 6, section (a) of the Statement is hereby amended and supplemented by the adding the following text immediately after the fifth paragraph of Item 6, section (a):

On June 4, 2018, the Kowa Shareholders delivered written notice to the Cascadas Shareholders and the PCS Shareholders of the termination of the Letter Agreement under section 8 thereof, such termination to be effective thirty (30) days from the date thereof.

Item 6, section (b) of the Statement is hereby amended by replacing “15,556,362” with “11,123,591” in the fourth paragraph of such section.

 

After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this Amendment No. 7 is true, complete and correct.

Dated: June 21, 2018

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