SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN ISSUER
PURSUANT
TO RULE 13a-16 OR 15b-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For
the month of September, 2021
IRSA
Propiedades Comerciales S.A.
(Exact name of Registrant as specified in its
charter)
IRSA
Commercial Properties Inc.
(Translation of registrant´s name into
English)
Republic
of Argentina
(Jurisdiction of incorporation or organization)
Carlos
Della Paolera 261 8th Floor
(C1001ADA)
Buenos
Aires, Argentina
(Address of principal
executive offices)
Form 20-F ⌧ Form
40-F ☐
Indicate by
check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes ☐ No
x
IRSA
Porpiedades Comerciales S.A.
(THE
“COMPANY”)
REPORT
ON FORM 6-K
Byletter dated September 30, 2021, the
company
informs
that as of this date the Company's Board of Directors has approved
the beginning of the corporate reorganization process in the terms
of article 82 and sbqs. of the General Law of Companies No. 19,550,
the Income Tax Law No. 20,628, amendments and regulations,
CNV’s Rules and the Listing Regulations of BYMA, by which
IRSA Inversiones y Representaciones SA (“IRSA”), acting
as the absorbing company, will merge by absorption with IRSA PC, as
the absorbed company. In this regard, the Board of Directors has
approved: (i) the individual and special merger financial
statements as of June 30, 2021; (ii) the consolidated and special
merger financial statements as of June 30, 2021; (iii) the
subscription of the Prior Merger Agreement between both companies
and (iv) establish the effective date of reorganization on July 1,
2021.
The
merger is subject to the approval of the shareholders' meeting of
both companies, which will be held once both companies have the
administrative approval of the United States Securities and
Exchange Commission, an entity to which they are subject because
both companies’ shares are listed in markets that operate in
said jurisdiction.
Likewise,
and within the framework of the reorganization process, the Board
of Directors has approved the exchange ratio, which has been
established at 1.40 IRSA shares for each IRSA PC share, which is
equivalent to 0.56 IRSA GDS for each ADS of IRSA PC.