EXTOY Almacenes Exito SA (PK)

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

FORM 6-K

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or

15d-16 of the Securities Exchange Act of 1934

For the month of February 2025

Commission File Number: 001-41736

Almacenes Éxito S.A.

(Exact Name as Specified in its Charter)

N/A

(Translation of registrant’s name into English)

Carrera 48 No. 32B Sur - 139

Avenida Las Vegas

Envigado, Colombia

(Address of principal executive offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F: ☒      Form 40-F: ☐

EXHIBIT INDEX

Exhibit Number		Description of Document
99.1		Material Fact (English translation).

 

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.

Date: February 14, 2025	Almacenes Éxito S.A.
	By:	/s/ Ivonne Windmueller Palacio
	Name: Title:	Ivonne Windmueller Palacio Chief Financial Officer

FORWARD-LOOKING STATEMENTS

 

This document 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. 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.

 

 

Exhibit 99.1

 

 

 

Envigado, February 14, 2025

 

 

DISCONTINUATION OF THE BDR PROGRAM

 

("OTHER EVENTS")

 

 

Almacenes Éxito S.A. (“Company” or “Éxito”), in accordance with the Brazilian Securities and Exchange Commission (“CVM”) Resolution No. 44, dated August 23, 2021, as amended, and in continuation of the material fact disclosed on December 20, 2024, informs the market and the holders of sponsored Level II share deposit certificates, backed by shares issued by it (“BDRs”), that the Board of Directors has approved the voluntary discontinuation of the BDR program (“BDR Program”).

 

The decision to discontinue the BDR Program is aligned with the decision to terminate its American Depositary Receipts program in the United States, in order to concentrate the liquidity of its securities in Colombia and maximize returns to its shareholders.

 

The discontinuance procedure is subject to approvals from B3 and CVM according to the applicable regulation. Once the Company obtains the necessary approvals, it will disclose the procedures and conditions to the BDR holders and once the discontinuation procedure of the BDR Program is completed, the Company will take the necessary steps to proceed with the cancellation of the registration of the BDR Program before the CVM, with the consequent cancellation of its foreign issuer registration.

 

Éxito will keep the market and its investors informed about the subject matter of this Material Fact.

 

Important Notice Regarding Forward-Looking Statements:

 

This document contains 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. 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 forwardlooking 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.

 

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