IRSA Propiedades Comerciales S.A. 10,240,000 common shares in the form of American Depositary Shares Underwriting AgreementIrsa Propiedades Comerciales S.A. • October 31st, 2017 • Operators of nonresidential buildings • New York
IRSA Inversiones y Representaciones S.A. a corporation (sociedad anónima) organized under the laws of Argentina (the “Selling Stockholder”) proposes to sell to J.P. Morgan Securities LLC (the “Underwriter”), an aggregate of 10,240,000 common shares par value Ps. 1.00 per share, of IRSA Propiedades Comerciales S.A., a corporation (sociedad anónima) organized under the laws of Argentina (the “Company”) (the common shares of the Company, the “Shares”) in the form of 2,560,000 American Depositary Shares (the “ADSs”), each representing four Shares (such amount of Shares in the form of ADSs, the “Offered Securities”). The Shares will be delivered in the form of ADSs and will be evidenced in the form of American depositary receipts (“ADRs”) to be issued under an amended and restated deposit agreement dated as of July 5, 2017, among the Company, The Bank of New York Mellon (as successor to The Bank of New York), as depositary (the “Depositary”), and owners of ADSs issued thereunder (the “Depos
