Form 6-K

 

FORM 6-K

 


 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Report of Foreign Private Issuer

 

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

 

For the month of October 2005

 

Commission File Number 3337776

 


 

TV Azteca, S.A. de C.V.

(Translation of registrant’s name into English)

 


 

Periférico Sur, No. 4121, Col. Fuentes del Pedregal, 14141 México D.F., México

(Address of principal executive offices)

 


 

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

 

Form 20-F  [X]        Form 40-F  [    ]

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):              

 

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):              

 

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes  [    ]        No  [X]

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-             

 



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.

 

    TV Azteca, S.A. de C.V.
              (Registrant)
Date: October 5, 2005        
    By:  

/s/ Othón Frías Calderón


    Name:   Othón Frías
    Title:   Attorney-in-fact


LOGO

 

TV AZTECA PRESS RELEASE

 

Mexico City, October 3, 2005—TV Azteca, S.A. de C.V. (BMV: TVAZTCA; Latibex: XTZA), one of the two largest producers of Spanish-language television programming in the world announced today that, The Bank of New York (BoNY) concluded the sale—in the Mexican Stock Market (BMV)—of TV Azteca Certificados de Participación Ordinaria (CPOs) underlying American Depositary Receipts (ADRs) that were not surrendered by holders within a predetermined timeframe, in the process of termination of the ADR program that the company had in the United States.

 

As has been detailed in prior company press releases, ADR holders had a 60 day period—from July 18, 2005 to September 16, 2005—to exchange their ADRs for CPOs traded on the BMV. On September 19, 2005, BoNY started to sell the CPOs underlying the ADRs that were not surrendered. The selling process of such CPOs by BoNY has concluded, and there are no remaining CPOs underlying ADRs that were not surrendered within the 60 day period.

 

The company had previously announced that at an Extraordinary Shareholders’ Meeting held on June 1, 2005, 99.85% of TV Azteca’s shareholders approved the termination of the ADR program, after an analysis and discussion of the costs and benefits of continuing listed on a U.S. national securities exchange.

 

Company Profile

 

TV Azteca is one of the two largest producers of Spanish language television programming in the world, operating two national television networks in Mexico, Azteca 13 and Azteca 7, through more than 300 owned and operated stations across the country. TV Azteca affiliates include Azteca America Network, a new broadcast television network focused on the rapidly growing US Hispanic market, and Todito.com, an Internet portal for North American Spanish speakers.

 

Except for historical information, the matters discussed in this press release are forward-looking statements and are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Risks that may affect TV Azteca are identified in its Form 20-F and other filings with the US Securities and Exchange Commission.

 

Investor Relations:

 

Bruno Rangel   Rolando Villarreal
+ 52 (55) 1720 9167   + 52 (55) 1720 0041
jrangelk@tvazteca.com.mx   rvillarreal@gruposalinas.com.mx

 

Press Relations:

 

Tristan Canales   Daniel McCosh
+ 52 (55) 1720 1441   + 52 (55) 1720 0059
tcanales@gruposalinas.com.mx   dmccosh@tvazteca.com.mx