Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant To Rule 13a-16 or 15d-16
of The Securities Exchange Act of 1934
For the month of April, 2007 Commission File Number 1-12090
GRUPO RADIO CENTRO, S.A. de C.V.
(Translation of Registrant's name into English)
Constituyentes 1154, Piso 7
Col. Lomas Altas, Mexico D.F. 11954
(Address of principal office)
(Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.)
(Check One) Form 20-F |X| Form 40-F |_|
(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
(Check One) Yes |_| No |X|
(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b). 82-__.)
Grupo Radio Centro Announces Resolutions of Ordinary Shareholders' Meeting
MEXICO CITY, April 26 /PRNewswire-FirstCall/ -- Grupo Radio Centro, S.A.B.
de C.V. (BMV: RCENTRO-A, NYSE: RC) ("Grupo Radio Centro" or the "Company"),
Mexico's leading radio broadcasting company, announced the resolutions of its
Ordinary Shareholders' Meeting, which took place today:
* Approval of a dividend payment in cash in the amount of Ps. 70,000,000, or
approximately Ps. $0.4301747663, per each of the 162,724,561 Series A
shares outstanding. The dividend, which comes from the Company's fiscal
net income, will be distributed in one exhibit on May 7, 2007, through
S.D. Indeval, S.A. de C.V., the Mexican Securities Depositary.
* Ratification of the members of the Board of Directors, the Executive
Committee, the Audit Committee and the Corporate Practices Committee, with
no changes. The Corporate Practices Committee are the same members as the
Audit Committee.
Company Description:
Grupo Radio Centro owns and/or operates 14 radio stations. Of these 14
radio stations, Grupo Radio Centro operates 11 in Mexico City. The Company's
principal activities are the production and broadcasting of musical and
entertainment programs, talk shows, news and special events programs. Revenue is
primarily derived from the sale of commercial airtime. The Company also operates
a radio network, Organizacion Impulsora de Radio, which acts as the national
sales representative for, and provides programming to, Grupo Radio
Centro-affiliated radio stations.
Note on Forward-Looking Statements: This release may contain projections
or other forward-looking statements related to Grupo Radio Centro that involve
risks and uncertainties. Readers are cautioned that these statements are only
predictions and may differ materially from actual future results or events.
Readers are referred to the documents filed by Grupo Radio Centro with the
United States Securities and Exchange Commission, specifically the most recent
filing on Form 20-F, which identifies important risk factors that could cause
actual results to differ from those contained in the forward-looking statements.
All forward-looking statements are based on information available to Grupo Radio
Centro on the date hereof, and Grupo Radio Centro assumes no obligation to
update such statements
IR contacts In Mexico:
Pedro Beltran / Alfredo Azpeitia
Grupo Radio Centro, S.A.B. de C.V.
5255-5728-4800, ext. 7018
aazpeitia@grc.com.mx
In New York:
Maria Barona / Peter Majeski
i-advize Corporate Communications, Inc.
212-406-3690
grc@i-advize.com
SOURCE Grupo Radio Centro, S.A.B. de C.V.
-0- 04/26/2007
/CONTACT: IR contacts, in Mexico, Pedro Beltran or Alfredo Azpeitia, both
of Grupo Radio Centro, +011-5255-5728-4800, ext. 7018, aazpeitia@grc.com.mx; or
in New York, Maria Barona or Peter Majeski, both of i-advize Corporate
Communications, Inc., +1-212-406-3690, grc@i-advize.com, for Grupo Radio Centro/
/First Call
Analyst: /
/FCMN Contact: pmajeski@i-advize.com /
/Web site: http://www.radiocentro.com.mx/
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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.
Grupo Radio Centro, S.A. de C.V.
(Registrant)
Date: April 26, 2007 By: /s/ Pedro Beltran Nasr
---------------------------------
Name: Pedro Beltran Nasr
Title: Chief Financial Officer
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