Grupo Televisa Spins Off Ollamani Shares
Ticker: GRPFF · Form: 6-K · Filed: Feb 16, 2024 · CIK: 912892
| Field | Detail |
|---|---|
| Company | Grupo Televisa, S.A.B. (GRPFF) |
| Form Type | 6-K |
| Filed Date | Feb 16, 2024 |
| Risk Level | medium |
| Pages | 14 |
| Reading Time | 17 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: spin-off, corporate-action, distribution
TL;DR
**Grupo Televisa is spinning off Ollamani shares, which could shake up both stocks.**
AI Summary
Grupo Televisa, S.A.B. (GTV) filed a 6-K on February 16, 2024, detailing the spin-off of shares of Ollamani, S.A.B. (Ollamani). This filing, under Commission File Number 001-12610, indicates that GTV will distribute Ollamani shares to its shareholders. The report serves as an information statement regarding this corporate action.
Why It Matters
This spin-off could significantly impact Grupo Televisa's stock valuation and strategic focus, as well as create a new publicly traded entity in Ollamani.
Risk Assessment
Risk Level: medium — Spin-offs can introduce volatility and uncertainty for shareholders of both the parent and spun-off companies.
Key Numbers
- 001-12610 — Commission File Number (Identifies the specific SEC filing for Grupo Televisa.)
Key Players & Entities
- GRUPO TELEVISA, S.A.B. (company) — registrant and parent company
- Ollamani, S.A.B. (company) — spun-off entity
- February 16, 2024 (date) — filing date and information statement date
- 001-12610 (dollar_amount) — Commission File Number
FAQ
What is the purpose of this 6-K filing by Grupo Televisa, S.A.B.?
The purpose of this 6-K filing is to provide an Information Statement dated February 16, 2024, relating to the distribution (Spin-off) by Grupo Televisa, S.A.B. of the shares of Ollamani, S.A.B.
What is the full name of the registrant filing this 6-K?
The full name of the registrant filing this 6-K is GRUPO TELEVISA, S.A.B.
What is the Commission File Number for Grupo Televisa, S.A.B.?
Grupo Televisa, S.A.B.'s Commission File Number is 001-12610.
What is the name of the entity being spun off by Grupo Televisa, S.A.B.?
The entity being spun off by Grupo Televisa, S.A.B. is Ollamani, S.A.B.
When was this 6-K report filed?
This 6-K report was filed on February 16, 2024, and the Conformed Period of Report is also February 16, 2024.
Filing Stats: 4,324 words · 17 min read · ~14 pages · Grade level 14.3 · Accepted 2024-02-16 17:21:30
Filing Documents
- tm246149d1_6k.htm (6-K) — 1613KB
- tm246149d1_6ksp1img1.jpg (GRAPHIC) — 86KB
- tm246149d1_6kimg001.jpg (GRAPHIC) — 33KB
- tm246149d1_6kimg002.jpg (GRAPHIC) — 33KB
- tm246149d1_6kimg003.jpg (GRAPHIC) — 36KB
- tm246149d1_6kimg004.jpg (GRAPHIC) — 48KB
- tm246149d1_6kimg005.jpg (GRAPHIC) — 5KB
- tm246149d1_6kimg006.jpg (GRAPHIC) — 49KB
- tm246149d1_6kimg007.jpg (GRAPHIC) — 29KB
- tm246149d1_6kimg009.jpg (GRAPHIC) — 39KB
- tm246149d1_6kimg010.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg011.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg012.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg013.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg014.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg015.jpg (GRAPHIC) — 3KB
- tm246149d1_6kimg016.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg017.jpg (GRAPHIC) — 5KB
- tm246149d1_6kimg018.jpg (GRAPHIC) — 3KB
- tm246149d1_6kimg019.jpg (GRAPHIC) — 4KB
- tm246149d1_6kimg020.jpg (GRAPHIC) — 5KB
- tm246149d1_6kimg021.jpg (GRAPHIC) — 4KB
- tm246149d1_6kimg022.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg023.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg024.jpg (GRAPHIC) — 3KB
- tm246149d1_6kimg025.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg026.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg027.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg028.jpg (GRAPHIC) — 3KB
- tm246149d1_6kimg029.jpg (GRAPHIC) — 3KB
- tm246149d1_6kimg030.jpg (GRAPHIC) — 3KB
- tm246149d1_6kimg031.jpg (GRAPHIC) — 6KB
- tm246149d1_6kimg032.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg033.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg034.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg035.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg036.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg037.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg038.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg040.jpg (GRAPHIC) — 3KB
- tm246149d1_6kimg041.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg042.jpg (GRAPHIC) — 4KB
- tm246149d1_6kimg043.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg044.jpg (GRAPHIC) — 6KB
- tm246149d1_6kimg045.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg046.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg047.jpg (GRAPHIC) — 2KB
- tm246149d1_6kimg048.jpg (GRAPHIC) — 3KB
- tm246149d1_6kimg049.jpg (GRAPHIC) — 3KB
- tm246149d1_6k5img01.jpg (GRAPHIC) — 7KB
- tm246149d1_6k5img02.jpg (GRAPHIC) — 6KB
- tm246149d1_6k5img03.jpg (GRAPHIC) — 47KB
- tm246149d1_6k5img04.jpg (GRAPHIC) — 5KB
- tm246149d1_6k5img05.jpg (GRAPHIC) — 2KB
- tm246149d1_6k5img06.jpg (GRAPHIC) — 41KB
- tm246149d1_6k5img07.jpg (GRAPHIC) — 13KB
- 0001104659-24-025012.txt ( ) — 2428KB
FORWARD-LOOKING STATEMENTS
FORWARD-LOOKING STATEMENTS 41 HISTORY AND DEVELOPMENT OF OLLAMANI 43 DESCRIPTION OF THE BUSINESS 45 DISTRIBUTION CHANNELS 53 PATENTS, LICENSES, TRADEMARKS AND OTHER AGREEMENTS 54 PRINCIPAL CUSTOMERS 62 APPLICABLE LEGISLATION 64 TAXATION 66 EMPLOYEES 72 ENVIRONMENTAL MATTERS 73 MARKET INFORMATION 74 CORPORATE STRUCTURE 75 DESCRIPTION OF PRINCIPAL ASSETS 76
LEGAL PROCEEDINGS
LEGAL PROCEEDINGS 78 OLLAMANI SHARES REPRESENTING CAPITAL STOCK 80 INFORMATION ABOUT THE TRANSACTION 81 DIVIDENDS 84 -i- SELECTED FINANCIAL INFORMATION 85 MANAGEMENT’S DISCUSSION AND ANALYSIS OF OLLAMANI’S RESULTS OF OPERATIONS AND FINANCIAL CONDITION 93 CRITICAL ACCOUNTING ESTIMATES, PROVISIONS OR RESERVES 101 EXTERNAL AUDITOR 102 RELATED PARTY TRANSACTIONS 103 MANAGEMENT 105 BYLAWS 111 SETTLOR 116 ANNEXES A-1 -ii- ADDITIONAL INFORMATION The shares of Ollamani to be distributed in connection with the Spin-off have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”). Ollamani will be relying on an exemption provided by Rule 12g3-2(b) under the United States Securities Exchange Act of 1934, as amended (the “U.S. Exchange Act”), and therefore will not be required to register its shares with the Securities and Exchange Commission (the “SEC”). In accordance with Rule 12g3-2(b), prior to and after the Distribution Date, Ollamani will make available certain documents on its website. These documents will consist primarily of this Information Statement, Ollamani’s annual reports and press releases, and certain other information made public in Mexico. However, Ollamani will not be required to file with the SEC annual reports on Form 20-F or furnish reports on Form 6-K. Grupo Televisa files reports, including annual reports on Form 20-F, and other information with the SEC pursuant to the rules and regulations of the SEC that apply to foreign private issuers. You may read and obtain copies of any materials Grupo Televisa files with the SEC at its Public Reference Room at 100 F Street, N.E., Washington, D.C. 20549. You may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The reports and other information that Grupo Televisa has filed with, or furnished to, the S