Grupo de Inversiones Suramericana S.A. (Grupo SURA), hereby announces that the Chilean Financial Market Commission (Comisión del Mercado Financiero de Chile) has provided due authorization for transferring the total stake that its subsidiary Sura Asset Management S.A. currently holds in SURA Seguros de Rentas Vitalicias S.A. (SURA Chile) to the buyers, namely Inversiones Bice Chileconsult S.A. and BICECORP S.A.
This announcement is being brought in connection with Grupo SURA’s previous informations reported to the public on March 7th, October 30th and November 16th of last year, with regard to the selling of the annuities business that Grupo SURA was operating in Chile through its subsidiary SURA Chile.
Now that this official authorization has been obtained, the required regulatory procedures have been duly fulfilled, and it only remains to transfer the shares thus sold in order to complete this transaction according to that agreed upon by both parties in the corresponding sales-purchase agreement.