SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2020

 

FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V.

(Exact name of Registrant as specified in its charter)

 

Mexican Economic Development, Inc.

(Translation of Registrant’s name into English)

 

United Mexican States

(Jurisdiction of incorporation or organization)

 

General Anaya No. 601 Pte.
Colonia Bella Vista
Monterrey, Nuevo León 64410
México

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports

under cover of Form 20-F or Form 40-F:

 

Form 20-F x    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): _______ 

 

Indicate by check mark whether by furnishing the information contained in this

Form, the registrant is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ¨    No x

 

If "Yes" is marked, indicate below the file number assigned to the registrant in

connection with Rule 12g3-2(b): 82-_____________

 

 

 

 

 

 

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 of the

undersigned, thereunto duly authorized.

 

    FOMENTO ECONÓMICO MEXICANO, S.A. DE C.V.
     
  By: /s/ Eugenio Garza y Garza
    Eugenio Garza y Garza
    Director of Finance and Corporate Development

 

Date: August, 04, 2020

 

 

 

 

Exhibit 99.1

 

 

 

FEMSA Board of Directors approves dates for the payment of the 2020 Dividend

 

Monterrey, Mexico, August 4, 2020 —Following up to the announcement made on March 30, 2020, Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX; BMV: FEMSAUBD) (“FEMSA” or the “Company”) announced today that its Board of Directors approved the dates for the payment of the Ps. 10,360 million cash dividend approved by the Annual Ordinary General Shareholder’s Meeting held on March 20, 2020. The dividend shall be paid in two installments as follows: (a) the first installment will amount to $1.29165 Mexican pesos per each FEMSA “B” unit (BMV:FEMSAUB) and $1.5500 Mexican pesos for each FEMSA “BD” unit (BMV:FEMSAUBD), or Ps.15.500 per ADS (NYSE: FMX), which represent 50% of the dividend, payable on August 20, 2020; and (b) the second installment of $1.29165 Mexican pesos per each FEMSA “B” unit (BMV:FEMSAUB) and $1.5500 Mexican pesos for each FEMSA “BD” unit (BMV:FEMSAUBD), or Ps.15.500 per ADS (NYSE: FMX), which represent the remaining 50%, payable on November 5, 2020.

 

Additionally, the Company informs that the record date for FEMSA’s ADS holders (NYSE: FMX) in the US for the first installment will be August 19, 2020.

 

 

 

 

 

####

 

 

 

 

About FEMSA

FEMSA creates economic and social value through companies and institutions and strives to be the best employer and neighbor to the communities in which it operates. It participates in the retail industry through FEMSA Comercio, comprising a Proximity Division operating OXXO, a small-format store chain, a Health Division, which includes drugstores and related activities, and a Fuel Division, which operates the OXXO GAS chain of retail service stations. In the beverage industry, it participates through Coca-Cola FEMSA, a public bottler of Coca-Cola products; and in the beer industry, as a shareholder of HEINEKEN, a brewer with operations in over 70 countries. Additionally, through its Strategic Businesses unit, it provides logistics, point-of-sale refrigeration solutions and plastics solutions to FEMSA's business units and third-party clients. Through its business units, FEMSA has more than 300,000 employees in 13 countries. FEMSA is a member of the Dow Jones Sustainability MILA Pacific Alliance, the FTSE4Good Emerging Index and the Mexican Stock Exchange Sustainability Index, among other indexes that evaluate is sustainability performance.

 

 

 

August 4, 2020 1