Grupo Supervielle S.A. Announces Exercise of Option to Purchase Additional Shares in Connection with Its Follow-on Equity Offering

Business Wire 15-Sep-2017 5:45 PM

BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Grupo Supervielle S.A. (NYSE: SUPV)(Bolsas y Mercados Argentinos S.A.: SUPV) (Grupo Supervielle) announces that, on September 14, 2017, in connection with its previously announced global offering of Class B shares of Grupo Supervielle, BofA Merrill Lynch, as global coordinator and joint bookrunner, and Ita BBA and J.P. Morgan, as joint bookrunners, have exercised their option to purchase, at the public offering price of US$4.00 per Class B share, or US$20.00 per American Depositary Share (ADS), an additional 14,582,730 Class B shares, which may be represented by ADSs at the option of the international underwriters. Each ADS represents five Class B shares. The purchase of additional Class B shares is expected to close on September 19, 2017. As a result of the exercise of such option, an additional 867,267 Class B shares will be sold to existing shareholders pursuant to their exercise of preemptive and accretion rights relating to such option.

A registration statement on Form F-3 and a prospectus relating to the Class B shares and the ADSs have been filed with the U.S. Securities and Exchange Commission (the SEC) and the registration statement is effective.

Copies of the prospectus and prospectus supplement related to the offering in the United States and countries outside of Argentina (the International Offering) may be obtained by contacting BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, or: dg.prospectus_requests@baml.com; J.P. Morgan Securities LLC, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Broadridge Financial Solutions, Telephone: 1-866-803-9204, Email: prospectus-eq_fi@jpmchase.com; or Ita BBA, Attention: Equity Sales Desk, 767 Fifth Avenue, 50th Floor, New York, NY 10153, or 1-212-710-6756. Copies of the registration statement, the prospectus and the prospectus supplement related to the International Offering can be accessed through the SECs website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward Looking Statements

This press release includes statements concerning potential future events involving Grupo Supervielle that could differ materially from the events that actually occur. The differences could be caused by a number of risks, uncertainties and factors relating to Grupo Supervielles business (please see Risk Factors in the prospectus supplement relating to the Global Offering and our 2016 Form 20-F filed with the SEC on May 1, 2017). Grupo Supervielle does not undertake to update any forward-looking statements made in this press release to reflect future events or developments. No assurance can be given that the purchase of Class B shares described above will be consummated.

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Grupo Supervielle S.A. Ana Bartesaghi, +54 11 4324 8132Treasurer and Investor Relations OfficerAna.Bartesaghi@supervielle.com.ar

Source: Grupo Supervielle S.A.