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 March, 2019
IRSA
Inversiones y Representaciones Sociedad
Anónima
(Exact name of
Registrant as specified in its charter)
IRSA
Investments and Representations Inc.
(Translation of
registrant´s name into English)
Republic
of Argentina
(Jurisdiction of
incorporation or organization)
Bolívar
108
(C1066AAB)
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
⌧
IRSA
INVERSIONES Y REPRESENTACIONES SOCIEDAD
ANÓNIMA
(THE
“COMPANY”)
REPORT
ON FORM 6-K
Attached is the
English translation of the summary of the letter dated March 29,
2019, filed by the Company with the Bolsa de Comercio de Buenos Aires
and the Comisión Nacional de
Valores.
By letter dated
March 29, 2019, IRSA Inversiones y Representaciones Sociedad
Anónima ("IRSA" or the "Company") reports
that, following the
information to the market with respect to the indirect holding of
the Company in Clal Insurance Enterprise Holding Ltd.
(“Clal”) through IDB Development Corporation Ltd.
(“IDBD”) and the swap transactions which were performed
by IDBD and continuing with the evaluation of alternatives for the
sale of control in Clal, it is informed that
on March 28, 2019 the controlling shareholder of the Company has
submitted to the Head of Capital Market, Insurance and Savings
Authority a request for a control permit in Clal and Clal Insurance
Company Ltd., a private company, approximately 99.8% of whose
shares are held by Clal.
Currently, IRSA
holds indirectly through subsidiaries approximately 25.3% of the
shares in Clal and a 28,9% through swap transactions.
Three alternatives
were submitted, the first one focused on receipt of a control
permit in Clal through a special purpose vehicle to be formed by
corporations controlled by the Company which would acquire the
participation of IDBD in Clal. In addition, the two remaining
alternatives, focuses on the method for holding Clal - holding
through IDBD or through Discount Investment Corporation
Ltd.
It is
hereby clarified that there is no certainty that the request for
the control permit will be approved by the Commission of Capital
Market, Insurance and Savings.
SIGNATURES
Pursuant to the
requirements of the Securities and 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
Buenos Aires, Argentina.
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IRSA
Inversiones y Representaciones Sociedad
Anónima
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By:
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/S/ Saúl
Zang
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Name: Saúl
Zang
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Title: Responsible
of relationship with the markets
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Dated: March 29,
2019