DISCLOSURE OF INFORMATION FROM ANALYSIS REPORTS OF CASA DE BOLSA VE POR Más, SA DE CV, GRUPO FINANCIERO VE POR Más, intended for clients of IN ACCORDANCE WITH ARTICLE 47 OF THE General provisions applicable to financial entities and other persons that provide investment services (the “Provisions”).
Juan F. Rich Rena, Rafael Antonio Camacho Peláez, Marisol Huerta Mondragón, Eduardo Lopez Ponce, Alejandro Javier Saldaña Brito, Angel Ignacio Ivan Huerta Monzalvo, Maricela Martínez Álvarez, Gustavo Hernández Ocadiz and Agustín Becerril García, analysts responsible for the preparation of this Report They are available at www.vepormas.com, which exclusively reflects the point of view of the Analysts who have only received remuneration from B×+ for the services provided for the benefit of B×+’s clientele. The variable or extraordinary remuneration they have received is determined based on the profitability of Grupo Financiero B×+ and the individual performance of each Analyst.
This document was prepared for (internal use/personalized use) as part of the advisory and analysis services with which this Issuer is monitored. Under no circumstances can it be considered an objective opinion about the Issuer nor as a generalized recommendation. Therefore, its reproduction or forwarding to a third party who cannot prove its receipt directly by Casa de Bolsa Ve Por Más, SA de CV releases it from any responsibility derived from its use for making investment decisions.
The Companies of Grupo Financiero Ve por Más do not maintain investments above 1% of the value of their investment portfolio at the end of the last three months, in instruments that are the subject of the recommendations. Analysts who cover the recommended stations may keep the recommended station in their investment portfolio. Maintaining the position for a period of at least 3 months. No Director, General Director or Director of the Financial Group Companies holds any position in the stations that are the subject of the recommendations.
Casa de Bolsa Ve por Más, SA de CV and Banco ve por Más, SA, Institución de Banca Múltiple, provide advised and non-advised investment services to their individual and corporate clients in Mexico and abroad. It is possible that through its Corporate Finance, Special Accounts, Portfolio Administration or other areas, it may provide or in the future provide some service to the Issuing companies that are the subject of our reports. In these cases, the entities that make up Grupo Financiero Ve Por Más receive compensation from said companies for their aforementioned services. The information contained in this report has been obtained from sources that we consider reliable, even in the case of estimates, but it is not possible to make any representation regarding its accuracy or completeness. The information and, where appropriate, the estimates formulated, are current as of the date of their issuance, and are subject to modifications that, where appropriate and in compliance with current regulations, will indicate their immediate antecedent that implies a change. The entities that make up Grupo Financiero Ve por Más do not undertake, except as provided in the “Provisions” in terms of serializing the reports, to make certifications or updated versions regarding the content of this document.
Since this document is formulated as a generalized or personalized recommendation for the recipients specifically indicated in the document, it may not be reproduced, cited, disclosed, used, or partially or totally reproduced even for academic or media purposes, without prior written authorization from any entity that makes up Grupo Financiero Ve por Más.
Categories and Opinion Criteria
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