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

 

For the month of November 2019

 

Commission File Number 001-35401

 

CEMENTOS PACASMAYO S.A.A.
(Exact name of registrant as specified in its charter)

 

PACASMAYO CEMENT CORPORATION
(Translation of registrant’s name into English)

 

Republic of Peru
(Jurisdiction of incorporation or organization)

 

Calle La Colonia 150, Urbanización El Vivero
Surco, Lima
Peru
(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  ☒          Form 40-F  ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

 

 

CEMENTOS PACASMAYO S.A.A.

 

The following exhibit is attached:

 

EXHIBIT NO.   DESCRIPTION
99.1  

Cementos Pacasmayo S.A.A. Announces Annual Dividend

 

1

 

 

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.

 

CEMENTOS PACASMAYO S.A.A.    
     
By: /s/ CARLOS JOSE MOLINELLI MATEO    
Name: Carlos Jose Molinelli Mateo    
Title: Stock Market Representative    
Date: November 19, 2019    

 

 

2

 

 

Exhibit 99.1

 

CEMENTOS PACASMAYO S.A.A. ANNOUNCES ANNUAL DIVIDEND

 

Lima, Peru, November 19, 2019 – Cementos Pacasmayo S.A.A. (NYSE: CPAC; BVL: CPACASC1) (“the Company” or “Cementos Pacasmayo”) announced today that the Company’s Board of Directors in its session held on November 18, 2019 approved a cash dividend of S/ 0.36 per common and investment share, which represents a total of S/167,093,043.48 related to retained earnings as of December 31, 2015, in accordance with what was authorized at the Annual Shareholder’s Meeting held on March 11, 2019. This dividend represents 22.96% of the Company’s retained earnings as of December 31, 2015 (and 77.44% of the retained earnings remaining after dividends paid during 2016, 2017 and 2018, excluding the dividend that corresponds to treasury shares; if we include these share its 63.95% of retained earnings as of December 31, 2015).

 

Since the Company holds 36,040,497 investment shares as treasury shares, the dividend per share of S/0.36 that corresponds to these shares and which totals S/12,974,578.92 as a result of the mentioned distribution will remain in the Company’s equity, so that the total dividend distributed without considering such treasury shares is S/ 154,118,464.56.

 

Considering that each ADS represents five common shares, the cash dividend equivalent per ADS is S/ 1.8. For the payment of the ADSs, the Company will pay CAVALI the amount of the corresponding dividend to the ADS program in national currency. CAVALI will afterwards deposit said amount in favor of: JP MORGAN CHASE BANK N.A. FBO HOLDERS OF ADRS on the same date established for the delivery of the dividend in the domestic market. JP MORGAN CHASE BANK N.A is the entity responsible for making the payment to each of the holders of ADSs under the conditions of currency, distribution factor, stipulations and other regulations that correspond.

 

Cash Dividend Payment Details:

Concept: Retained Earnings

Year: 2015

Amount to distribute: S/ 167,093,043.48

 

Dividends per share details

Type of Share: CPACASC1 - COMMON SHARES

Number of shares: 423,868,449

Amount of dividend per share: S/.0.36

 

Type of Share: CPACASI1 - INVESTMENT SHARES

Number of shares: 40,278,894

Amount of dividend per share: S/.0.36

 

Earnings Distribution Concept: 2014-Retained Earnings,

Value Type: CPACASC1 COMMON SHARES

Register Date: 12/09/2019

 

Value Type: CPACASC1 COMMON SHARES

Distribution Date: 12/17/2019

 

Value Type: CPACASI1 INVESTMENT SHARES

Register Date: 12/09/2019

 

Value Type: CPACASI1 INVESTMENT SHARES

Distribution Date: 12/17/2019

 

Observations: The cut-off dates (12.05.2019) registration (12.09.2019), are the same for the common shares and investment shares listed on the Lima Stock Exchange and ADR listed on the New York Stock Exchange.