Buenaventura Mining Co. Files SC 13D/A Amendment
Ticker: BVN · Form: SC 13D/A · Filed: Mar 28, 2024 · CIK: 1013131
Sentiment: neutral
Topics: ownership-change, sec-filing, mining
TL;DR
LUKSIC GROUP UPDATES BUENAVENTURA MINING STAKE FILING - NO NEW $$ AMOUNT
AI Summary
On March 28, 2024, Compañía de Minas Buenaventura S.A.A. (Buenaventura Mining Company Inc.) filed an amendment (Amendment No. 4) to its Schedule 13D. The filing indicates changes in beneficial ownership by entities associated with the Luksic family, including Andean LFMA Investment Ltd, Aureberg Establishment, E. Abaroa Foundation, Jean-Paul Luksic, Kupferberg Establishment, Metalinvest Establishment, and Severe Studere Foundation. The filing does not disclose specific dollar amounts or new shareholdings but signifies an update to previously reported information.
Why It Matters
This amendment updates beneficial ownership information for Compañía de Minas Buenaventura S.A.A., potentially signaling shifts in control or investment strategies by significant stakeholders.
Risk Assessment
Risk Level: medium — Schedule 13D filings, especially amendments, can indicate significant changes in ownership or strategy by major shareholders, which could impact stock price and corporate governance.
Key Players & Entities
- Compañía de Minas Buenaventura S.A.A. (company) — Subject Company
- Buenaventura Mining Company Inc. (company) — Subject Company (English Name)
- Andean LFMA Investment Ltd (company) — Group Member filing amendment
- Aureberg Establishment (company) — Group Member filing amendment
- E. Abaroa Foundation (company) — Group Member filing amendment
- Jean-Paul Luksic (person) — Group Member filing amendment
- Kupferberg Establishment (company) — Group Member filing amendment
- Metalinvest Establishment (company) — Group Member filing amendment
- Severe Studere Foundation (company) — Group Member filing amendment
- Antofagasta PLC/FI (company) — Filing By Entity
FAQ
What specific changes in beneficial ownership are detailed in this Amendment No. 4 to the Schedule 13D?
The filing indicates it is an amendment to a Schedule 13D, but the provided text does not detail the specific changes in beneficial ownership or the exact number of shares held by the reporting persons.
Who are the primary entities or individuals filing this amendment?
The filing lists group members including Andean LFMA Investment Ltd, Aureberg Establishment, E. Abaroa Foundation, Jean-Paul Luksic, Kupferberg Establishment, Metalinvest Establishment, and Severe Studere Foundation.
What is the CUSIP number for the securities in question?
The CUSIP number provided for the ADSs is 204448104.
What is the business address of Compañía de Minas Buenaventura S.A.A.?
The business address is Ave Carlos Villaran 790, Lima, R5, 13.
When was this amendment filed with the SEC?
This amendment was filed on March 28, 2024.
Filing Stats: 2,229 words · 9 min read · ~7 pages · Grade level 19.3 · Accepted 2024-03-28 20:06:58
Filing Documents
- d819940dsc13da.htm (SC 13D/A) — 152KB
- d819940dex996.htm (EX-99.6) — 20KB
- 0001193125-24-081140.txt ( ) — 174KB
of the Original Schedule 13D is hereby amended and supplemented as follows
Item 4 of the Original Schedule 13D is hereby amended and supplemented as follows: The Issuers annual general shareholders meeting was held on March 27, 2024. As disclosed by the Issuer in a Hecho de Importancia filed with the Superintendencia del Mercado de Valores in Peru on March 27, 2024, at the meeting Iván Arriagada Herrera, Antofagastas Chief Executive Officer, and Andrónico Luksic Lederer, Antofagastas Vice President of Development, were elected to the Board to fill the vacancies created by the approval of the Board Size Amendment, and became directors of the Issuer as of March 27, 2024. Item7. Material to be Filed as Exhibits
of the Original Schedule 13D is hereby amended to add the following Exhibit
Item 7 of the Original Schedule 13D is hereby amended to add the following Exhibit: 6. Hecho de Importancia publicly filed by the Issuer on March 27, 2024 with the Superintendencia del Mercado de Valores in Peru Schedule 1 of the Original 13D is hereby amended and restated in its entirety as follows: Schedule 1 Directors and Executive Officers of Antofagasta plc Board of Directors Employment Citizenship Jean-Paul Luksic 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director Chile Francisca Castro 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director Chile Ramón Jara 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director Chile Juan Claro 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director Chile Andrónico Luksic Craig 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director Chile Vivianne Blanlot 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director Chile Michael Anglin 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director United States Tony Jensen 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director United States Eugenia Parot 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director Chile Heather Lawrence 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director United Kingdom Tracey Kerr 103 Mount Street, London, United Kingdom, W1K 2TJ Non-executive Director Australia/United Kingdom Executive Officers Citizenship Iván Arriagada 103 Mount Street, London, United Kingdom, W1K 2TJ Chief Executive Officer Chile Mauricio Esteban Ortiz Jara 103 Mount Street, London, United Kingdom, W1K 2TJ Chief Financial Officer Chile Andrónico Luksic L. 103 Mount Street, London, United Ki
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: March 28, 2024 ANTOFAGASTA PLC By: /s/ Iván Arriagada Name: Iván Arriagada Title: Chief Executive Officer By: /s/ Andrónico Luksic Lederer Name: Andrónico Luksic Lederer Title: Vice President of Development ANDEAN LFMA INVESTMENT LIMITED By: /s/ Iván Arriagada Name: Iván Arriagada Title: Authorised Signatory By: /s/ Andrónico Luksic Lederer Name: Andrónico Luksic Lederer Title: Authorised Signatory METALINVEST ESTABLISHMENT By: /s/ Davor Luksic Lederer Name: Davor Luksic Lederer Title: Director By: /s/ Dr. Johannes Burger Name: Dr. Johannes Burger Title: Director KUPFERBERG ESTABLISHMENT By: /s/ Davor Luksic Lederer Name: Davor Luksic Lederer Title: Director By: /s/ Dr. Johannes Burger Name: Dr. Johannes Burger Title: Director AUREBERG ESTABLISHMENT By: /s/ Dr. Thomas Müller Name: Dr. Thomas Müller Title: Director By: /s/ PERCURO Trust Establishment Name: PERCURO Trust Establishment Title: Director E. ABAROA FOUNDATION By: /s/ Jean-Paul Luksic Fontbona Name: Jean-Paul Luksic Fontbona Title: Member of the Foundation Council By: /s/ Dr. Johannes Burger Name: Dr. Johannes Burger Title: Member of the Foundation Council SEVERE STUDERE FOUNDATION By: /s/ Jean-Paul Luksic Fontbona Name: Jean-Paul Luksic Fontbona Title: Member of the Foundation Council By: /s/ Dr. Mario König Name: Dr. Mario König Title: Member of the Foundation Council JEAN-PAUL LUKSIC By: /s/ Jean-Paul Luksic