Report of Foreign Issuer (6-k)
17 Agosto 2020 - 9:31AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15b-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
August 2020
Date of Report (Date of Earliest Event Reported)
Embotelladora Andina S.A.
(Exact name of registrant as specified in
its charter)
Andina Bottling Company, Inc.
(Translation of Registrant´s name
into English)
Avda. Miraflores 9153
Renca
Santiago, Chile
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.
Indicate by check mark if the Registrant
is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the Registrant
is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Indicate by check mark whether the registrant
by furnishing the information contained in this Form 6-K is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934
MATERIAL EVENT
CORPORATE NAME
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:
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EMBOTELLADORA ANDINA S.A.
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SECURITIES REGISTRY
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:
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00124
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TAXPAYER I.D.
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:
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91.144.000-8
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By virtue of the stipulations in Article
9 and subparagraph 2 of Article 10 of Law 18,045, and the provisions in General Rule No. 30, Section II of the Chilean Superintendence
of Securities and Insurance (today Securities Exchange Commission), and being duly empowered to this effect, I hereby report the
following regarding Embotelladora Andina S.A. (“Andina”, "Company"), its business, its securities or tender
offer, as a material event:
On this date, Andina together with Coca
Cola Embonor S.A., have subscribed a Distribution Agreement with Cervecería Chile S.A. (hereinafter, the “Agreement”)
by virtue of which both companies will assume the sale, commercialization and distribution of Cervecería Chile S.A.'s main
brands in certain regions of the country.
The subscription of the Agreement is part
of the Company´s growth and product portfolio diversification strategy that started in 2018, by joining the commercialization
and distribution of alcoholic beverages.
Among the brands of products of Cervecería
Chile S.A. that will be distributed by Andina in Metropolitan, Coquimbo, Aysén and Magallanes Regions, as well as the Province
of Cachapoal and the Province of San Antonio, are included, among others, Corona, Stella Artois, Budweiser, Becker,
Báltica, Cusqueña, Kilometro 24.7 and Quilmes.
The commercialization and distribution
of these new products will generate for Andina an EBITDA margin of approximately 5% over revenues from this operation. Although
at the moment it is not possible to anticipate the incremental volume that this transaction will generate, it is reported herein
that in the last 12 months the sales volumes of the products included in the Agreement, in the territory where they will be commercialized
by Andina, reached approximately 28.3 million unit cases.
The Agreement will have a validity of 5
years starting from November 1st, 2020 and to this date the services must have initialized. Such term shall be renewable
under the terms and conditions set forth in the Agreement.
Santiago, August 17, 2020.
Miguel Angel Peirano
Vicepresidente Ejecutivo
Embotelladora Andina S.A.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in
the city of Santiago, Chile.
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EMBOTELLADORA
ANDINA S.A.
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By:
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/s/ Miguel Angel Peirano
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Name:
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Miguel Angel Peirano
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Title:
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Vicepresidente Ejecutivo
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Santiago, August 17, 2020
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