2011-06-13

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CONASEV Resolution No. 045-2011

CONASEV declares the appeal filed by Beckol Investments Corp. against Resolution No. 318-2010-EF/94.013 unfounded, thereby upholding the sanction for acquiring a significant participation in Empresa Agraria Azucarera Andahuasi S.A.A. in concert with other parties without executing a Public Acquisition Offer (OPA). The resolution confirms that the coordinated actions of Beckol, Zabuck International Inc., Ducktown Holdings S.A., Claudia Romero Briceño, and Carlos Antonio Dellepiane Costa y Laurent constituted a prohibited concerted acquisition of significant shareholding. The administrative appeal process is declared exhausted, and the resolution is ordered to be published on the CONASEV portal.

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