form144.htm
 
 



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

FORM 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
 
 
ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker.
 
 
OMB APPROVAL
OMB Number:                       3235-0101
Expires:                   0D\    , 2017
Estimated  average  burden
hours per response ........... 1.00
SEC USE ONLY
DOCUMENT SEQUENCE NO.
CUSIP NUMBER
1 (a) NAME OF ISSUER (Please type or print)
 
CRESUD SACIF Y A
(b)  IRS IDENT. NO.
 
00-0000000
(c) S.E.C. FILE NO.
 
001-29190
 
 
WORK LOCATION
 
1 (d) ADDRESS OF ISSUER                                                               STREET                                            CITY                                          STATE                 ZIP CODE
 
MORENO 877, BUENOS AIRES, ARGENTINA, C1091AAQ
(b)
(e) TELEPHONE NO.
AREA COD
54
NUMBER
11 4323-7400
2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
INVERSIONES FINANCIERAS DEL SUR S.A.
 
RELATIONSHIP TO ISSUER
STOCKHOLDER
(c) ADDRESS STREET                                         CITY                     STATE                ZIP CODE
 
RUTA 8 KM 17.500 EDIFICIO @1 OFFICE 106 ZONAMÉRICA CP91600 MONTEVIDEO URUGUAY
 
 
 
INSTRUCTION:  The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.
 

3 (a)
Title of the Class of Securities To Be Sold
(b)
 
Name and Address of Each Broker Through Whom the Securities are to be Offered or Each Market Maker who is Acquiring the Securities
SEC USE ONLY
(c)
Number of Shares or Other Units To Be Sold
(See instr. 3(c))
(d)
Aggregate Market Value
(See instr. 3(d))
(e)
Number of Shares or Other Units Outstanding
(See instr. 3(e))
(f)
Approximate
Date of Sale
(See instr. 3(f))
(MO.   DAY   YR.)
(g)
Name of Each Securities Exchange
(See instr. 3(g))
 
Broker-Dealer
File Number
Global Depositary Shares, each representing 10 common shares
JP MORGAN SECURITIES LLC
277 Park Avenue
 New York, NY 10172
 
110,000
1,192,400 (closing price April 27th)
50,164,280
04 28 2016
NASDAQ
               
               
 
INSTRUCTIONS:                                                                                      
    1. (a)  Name of issuer                                                                                 
    (b)  Issuer’s I.R.S. Identification Number                                                                                    
    (c)  Issuer’s S.E.C. file number, if any                                                                                    
    (d)  Issuer’s address, including zip code                                                                                      
    (e)  Issuer’s telephone number, including area code      
                                                                                  
    2 .(a)   Name of person for whose account the securities are to be sold                                                                                                                  
    (b)  Such person’s relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)
    (c)   Such person’s address, including zip code
 
3 . (a)   Title of the class of securities to be sold
     (b)  Name and address of each broker through whom the securities are intended to be sold
     (c)  Number of shares or other units to be sold (if debt securities, give the aggregate face amount)
     (d)  Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice
     (e)  Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer
     (f)   Approximate date on which the securities are to be sold
     (g)  Name of each securities exchange, if any, on which the securities are intended to be sold
 
 
Potential  persons  who  are  to  respond  to  the  collection  of  information  contained  in  this  form  are  not
required  to  respond  unless  the  form  displays  a  currently  valid  OMB  control  number.                                                                                                                                                             SEC 1147 (08-07)

 
 

 
 

 
TABLE I –– SECURITIES TO BE SOLD
 
Furnish the following information with respect to the acquisition of the securities to be sold
and with respect to the payment of all or any part of the purchase price or other consideration therefor:
 

Title of the Class
Date you
Acquired
 
Nature of Acquisition Transaction
Name of Person from Whom Acquired
(If gift, also give date donor acquired)
Amount of
Securities Acquired
Date of
Payment
 
Nature of Payment
Global Depositary Shares, each representing 10 common shares
01/21/2010
01/22/2010
01/25/2010
 
 
Open Market purchases
Open Market purchases
Open Market purchases
 
 
NA
NA
NA
 
 
7,040
30,100
72,860
 

01/26/2010
01/27/2010
01/28/2010
 
Cash
Cash
Cash
 
 
 
INSTRUCTIONS:  If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
 
 

TABLE II –– SECURITIES SOLD DURING THE PAST 3 MONTHS
 
Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.
 

Name and Address of Seller
Title of Securities Sold
Date of Sale
Amount of Securities Sold
Gross Proceeds


INVERSIONES FINANCIERAS DEL SUR SA
Ruta 8 km17.500 Edificio @1 Of. 106, Zonamerica (91600), Uruguay

Cresud SACIF Y A (ADR)
Cresud SACIF Y A (ADR)
Cresud SACIF Y A (ADR)


 04/22/2016
04/25/2016
04/26/2016


106,276
220,000
175,000


1,160,385
2,369,400
1,872,620
 


 
  REMARKS:

 
INSTRUCTIONS:
 
See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

 
ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard  to the current and prospective operations of the Issuer of the securities to be sold which has not been  publicly disclosed. If such person has adopted   a written trading plan or given trading instructions to satisfy  Rule
 
10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the
 
instruction given, that person makes such representation as of the plan adoption or instruction date

 
                April 28, 2016                                                                                                         /s/ Saul Zang - Director
 
DATE OF NOTICE                                                                                                                (SIGNATURE)

 

DATE  OF  PLAN  ADOPTION  OR  GIVING  OF  INSTRUCTION, IF RELYING ON RULE 10B5-1

 
The  notice  shall  be  signed  by  the  person  for  whose  account  the  securities  are  to  be  sold.   At  least  one  copy of the notice shall be manually signed.Any copies not manually signed shall bear typed or printed signatures.
                                                           

ATTENTION:  Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)