0001628280-20-006061.txt : 20200501 0001628280-20-006061.hdr.sgml : 20200501 20200501142917 ACCESSION NUMBER: 0001628280-20-006061 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200429 FILED AS OF DATE: 20200501 DATE AS OF CHANGE: 20200501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: METHANEX CORP CENTRAL INDEX KEY: 0000886977 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20115 FILM NUMBER: 20840078 BUSINESS ADDRESS: STREET 1: 1800 WATERFRONT CENTER STREET 2: 200 BURRARD STREET CITY: VANCOUVER BC CANADA STATE: A1 ZIP: 00000 BUSINESS PHONE: 6046847500 MAIL ADDRESS: STREET 1: 1800 WATERFRONT CENTER STREET 2: 200 BURRARD STREET CITY: VANCOUVER BC CANADA 6-K 1 may12020materialchangerepo.htm 6-K - MATERIAL CHANGE REPORT MAY 1 2020 Document




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF MAY 2020
COMMISSION FILE NUMBER 0-20115
METHANEX CORPORATION
(Registrant’s name)
SUITE 1800, 200 BURRARD STREET, VANCOUVER, BC V6C 3M1 CANADA
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F     o 
 
Form 40-F     þ

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o



METHANEX CORPORATION

MATERIAL CHANGE REPORT

FORM 51-102F3



1.
NAME AND ADDRESS OF COMPANY

Methanex Corporation
1800 Waterfront Centre
200 Burrard Street
Vancouver, British Columbia V6C 3M1

2.
DATE OF MATERIAL CHANGE

April 29, 2020

3.
NEWS RELEASE

The news release announcing the material change described herein was issued and disseminated on April 29, 2020 in Canada and the United States through the facilities of a newswire service.

4.    SUMMARY OF MATERIAL CHANGE

Methanex Corporation announced on April 29, 2020 that the board of directors approved a 90 percent reduction in the quarterly cash dividend to $0.0375 per share from $0.36 per share.

5.
FULL DESCRIPTION OF MATERIAL CHANGE

5.1
FULL DESCRIPTION OF MATERIAL CHANGE

Methanex Corporation announced on April 29, 2020 that the board of directors approved a 90 percent reduction in the quarterly cash dividend to $0.0375 per share from $0.36 per share.

The reduction of the dividend represents approximately $100 million in annualized cash savings. The new dividend declared will be payable on June 30, 2020 to holders of common shares of record on June 16, 2020.

5.2
DISCLOSURE FOR RESTRUCTURING TRANSACTIONS
Not applicable.

6.
RELIANCE ON SUBSECTION 7.1(2) OF NATIONAL INSTRUMENT 51-102

Not applicable.

7.
OMITTED INFORMATION

Not applicable.

8.
EXECUTIVE OFFICER

For further information, contact:
    



Kevin Price
General Counsel & Corporate Secretary
604-661-2658

9.
DATE OF REPORT
    
May 1, 2020









SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
 
 
 
METHANEX CORPORATION 
 
 
 
Date:  May 1, 2020
By:
/s/ KEVIN PRICE
 
 
 
Name:
Kevin Price
 
 
 
Title:
General Counsel & Corporate Secretary