Grupo financiero galicia s.a. announces commencement of secondary offering of american depositary shares by hsbc bank plc
Buenos aires, june 10, 2025 (globe newswire) -- grupo financiero galicia s.a. (nasdaq: ggal; bolsas y mercados argentinos s.a./a3 mercados s.a.: ggal, the “company”), one of argentina's largest financial services groups, announced today the launch of an underwritten secondary offering (the “offering”) by hsbc bank plc (the “selling shareholder”) of 11,721,449 american depositary shares (“adss”) representing 117,214,490 class b ordinary shares of the company, par value ps.1.00 per share (“class b ordinary shares”). the adss are not authorized for public offering in argentina by the argentine national securities exchange commision (comisiÓn nacional de valores – “cnv”) and they may not be offered or sold publicly under the argentine capital markets law no. 26,831, as amended and complemented. the documents related to the offering have not been filed with, reviewed or authorized by the cnv, and therefore the cnv has not made any determination as to the truthfulness or completeness of those documents.
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