David Martinez Guzman exerts Stock Option Agreement in exchange of Vitro’s Manufacturing Plant land rights

Vitro, S.A.B. de C.V. (BMV: VITROA), hereinafter “Vitro” or the “Company”, the leading glass producer in Mexico, reports that, given the closing conditions of the Food and Beverage Glass Container division sale transaction, Mr.

David Martinez Guzman acquired 93'099,849 representative shares of the capital stock of Vitro , with which he obtains significant influence on the Company. The shares were acquired through the exercise of a purchase option granted to Mr. David Martinez Guzman under an option agreement signed on December 15, 2009. In consideration for the exercise of this option, Mr. David Martinez Guzman granted Vitro and the Trust No. 428-09 the rights over certain land in which five Vitro manufacturing plants are located, which are part of the assets included in the sale of the Food and Beverage Glass Container division.

600450 David Martinez Guzman exerts Stock Option Agreement in exchange of Vitro’s Manufacturing Plant land rights glassonweb.com
Date: 2 September 2015
Source: www.vitro.com

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