Irsa inversiones y representaciones sociedad anÓnima announces intention to submit draft registration statement for proposed rights offering

Buenos aires, argentina, april 13, 2021 /prnewswire/ -- irsa inversiones y representaciones sociedad anÓnima (the "company") (nyse:  irs) announced today that it intends to submit an amended draft registration statement on form f-3 to the u.s. securities and exchange commission relating to a proposed offering to holders of record on april 16, 2021 of (i) global depositary shares ("gdss") representing its common shares, of rights to subscribe for 0.1382465082 new gdss for every gds held of record, and (ii) its common shares, of rights to subscribe for 0.1382465082 new common shares for every common share held of record. in addition, the proposed offering contemplates that each gds holder will receive, free of charge, for each new gds that it purchases pursuant to the exercise of such rights, 10 warrants, and that each holder of common shares will receive, free of charge, for each new common share that it purchases pursuant to such rights, one warrant.
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