Andina Bottling Co Inc 6-K, filed Aug 19, 2021
Andina Bottling Co Inc (AKO-A)
About this 6-K
Andina Bottling Co Inc filed this 6-K on August 19, 2021.
UNITED STATES
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
August 2021
Date of Report (Date of Earliest Event Reported)
Embotelladora Andina S.A.
(Exact name of registrant as specified in its charter)
Andina Bottling Company, Inc.
(Translation of Registrant´s name into English)
Avda. Miraflores 9153
Renca
Santiago, Chile
(Address of principal executive office)
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 x Form 40-F ¨
Indicate by check mark if the Registrant is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ¨ No x
Indicate by check mark if the Registrant is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ¨ No x
Indicate by check mark whether the registrant by furnishing the information contained in this Form 6-K 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
MATERIAL EVENT
| CORPORATE NAME | : | EMBOTELLADORA ANDINA S.A. | |||
| SECURITIES REGISTRY | : | 00124 | |||
| TAXPAYER I.D. | : | 91.144.000-8 |
By virtue of the stipulations in Article 9 and subparagraph 2 of Article 10 of Law 18,045, and the provisions in General Rule No. 30, Section II of the Chilean Superintendence of Securities and Insurance (today Securities Exchange Commission), and being duly empowered to this effect, I hereby report the following regarding Embotelladora Andina S.A. (“Andina”, "Company"), its business, its securities or tender offer, as a material event:
On this date, Andina together with Coca Cola Embonor S.A., have subscribed a Distribution Agreement with Sociedad Anónima Viña Santa Rita (hereinafter, the “Agreement”) by virtue of which both companies will assume the sale, commercialization and distribution of certain Sociedad Anónima Viña Santa Rita products, in certain regions of the country.
The subscription of the Agreement is part of the Company´s growth and product portfolio diversification strategy that started in 2018, by joining the commercialization and distribution of alcoholic beverages.
Among the brands of products of Sociedad Anónima Viña Santa Rita that will be distributed by Andina in the regions of Antofagasta, Atacama, Coquimbo, Metropolitana, Aysén del General Carlos Ibáñez del Campo y Magallanes and Antártica Chilena, as well as in Cachapoal and San Antonio, are included, among others, Casa Real, Medalla Real, Carmen, and 120.
Although at this moment it is not possible to anticipate the incremental volume that this transaction will generate, it is reported that in 2020 the volumes of the products included in the Agreement, in the territory where they will be commercialized by Andina, reached approximately 6,3 million unit cases, and the net sales amounted approximately $39.000 million.
The Agreement will have a validity of 5 years starting from November 2nd, 2021 and to this date the services must have initialized. Such term shall be renewable under the terms and conditions set forth in the Agreement.
Santiago, August 19, 2021.
Jaime Cohen
Gerente Corporativo Legal
Embotelladora Andina S.A.
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, in the city of Santiago, Chile.
| EMBOTELLADORA ANDINA S.A. | ||
| By: | /s/ Jaime Cohen | |
| Name: | Jaime Cohen | |
| Title: | Chief Legal Officer | |
Santiago, August 19, 2021