Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Cementos Pacasmayo S.A.A. Announces Resolutions Adopted at the Annual Mandatory Shareholders' Meeting

businesswire.com
CPAC The article reports on resolutions from a shareholders' meeting, including details about expenses related to an acquisition and a controlling shareholder's intention to repay advisor fees. It also provides background on the company and forward-looking statements, but no specific performance indicators or future outlook that would suggest a strong bullish or bearish sentiment.

Cementos Pacasmayo S.A.A. Announces Resolutions Adopted at the Annual Mandatory Shareholders' Meeting LIMA, Peru--( BUSINESS WIRE)--Cementos Pacasmayo S.A.A. (NYSE: CPAC; BVL: CPACASC1) (“Cementos Pacasmayo” or the “Company”) a leading cement company serving the Peruvian construction industry, announced today that in accordance with the Peruvian Security Market Law Resolution for Material Events and Reserved Information N° 005-014-SMV/01, the Annual Shareholders’ Meeting held on March 24, 2026 at 9:00 am (Peruvian time), approved the following:

ANA MARIA BOTELLA SERRANO

ESTEBAN CHONG LEON

EDUARDO HOCHSCHILD BEECK

ANA SOFIA HOCHSCHILD CORREA

VENKAT KRISHNAMURTHY

JOSE RAIMUNDO MORALES DASSO

HUMBERTO REYNALDO NADAL DEL CARPIO

OTHERS: At the meeting, it was reported that the “Expenses associated with the Holcim acquisition” item in the Company’s audited annual Financial Statements include payments to legal, tax, and financial advisors for an amount of S/ 5,904,535.66. Regarding said payments to advisors, Mr. Eduardo Hochschild Beeck, the Company’s controlling shareholder, expressed his intention to pay the total amount of these to the Company.

Sworn Statement of Presentation of Consolidated Information

CEMENTOS PACASMAYO S.A.A. IS required to prepare and present consolidated financial information to the SMV (Superintendence of the Securities Market), in accordance with IFRS (International Financial Reporting Standards) issued by the International Accounting Standards Board (IASB).

About Cementos Pacasmayo S.A.A.

Cementos Pacasmayo S.A.A. is a Peruvian cement company located in the Northern region of Peru. In February 2012, the Company’s shares were listed on The New York Stock Exchange - Euronext under the ticker symbol "CPAC". With almost 70 years of operating history, the Company produces, distributes and sells cement and cement-related materials, such as concrete blocks and ready-mix concrete. Cementos Pacasmayo’s products are primarily used in construction, which has been one of the fastest-growing segments of the Peruvian economy in recent years. The Company also produces and sells quicklime for use in mining operations.

For more information, please visit: http://www.cementospacasmayo.com.pe

Note on Forward-Looking Statements

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, Company performance and financial results. Also, certain reclassifications have been made to make figures comparable for the periods. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.