United States


SECURITIES AND EXCHANGE COMMISSION


Washington, D.C. 20549





FORM 20-F / A





☐

REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE
SECURITIES EXCHANGE ACT OF 1934





OR





☒

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934





For the fiscal year ended: June 30, 2019





OR





☐

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934





OR





☐

SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of event requiring this shell company report ___

For the transition period from ___ to___





Commission file number: 001-29190





Cresud SOCIEDAD ANONIMA COMERCIAL INMOBILIARIA FINANCIERA Y
AGROPECUARIA


(Exact name of Registrant as specified in its charter)





Cresud Inc.


(Translation of Registrant’s name into English)





Republic of Argentina


(Jurisdiction of incorporation or organization)





Moreno 877, 23rd Floor,


(C1091AAQ) City of Buenos Aires, Argentina


(Address of principal executive offices)





Matías Iván Gaivironsky


Chief Financial and Administrative Officer


Tel +(5411) 4323-7449 – ir@cresud.com.ar


Moreno 877, 24th Floor,


(C1091AAQ) City of Buenos Aires, Argentina


(Name, Telephone, E-mail and/or Facsimile number and Address of
Company Contact Person)





Securities registered or to be registered pursuant to Section 12(b)
of the Act:





Title of each class



Name of each exchange on which registeredAmerican Depositary Shares (ADSs), each representing
ten shares of Common Stock



Nasdaq National Market of the
Nasdaq Stock MarketCommon Stock, par value Ps.1.00 per share



Nasdaq National Market of the
Nasdaq Stock Market*








*
Not for
trading, but only in connection with the registration of American
Depositary Shares, pursuant to the requirements of the Securities
and Exchange Commission.





Securities registered or to be registered pursuant to Section 12(g)
of the Act: None





Securities for which there is a reporting obligation pursuant to
Section 15(d) of the Act: None





Indicate
the number of outstanding shares of each of the issuer’s
classes of capital or common stock as of the period covered by the
annual report: 501,642,804.





Indicate
by check mark if the registrant is a well known seasoned issuer, as
defined in Rule 405 of the Securities Act:





☐ Yes ☒ No





If this
report is an annual or transition report, indicate by check mark if
the registrant is not required to file reports pursuant to Section
13 or 15 (d) of the Securities Exchange Act of 1934.





☒ Yes ☐ No





Note:
Checking the box above will not relieve any registrant required to
file reports pursuant to Section 13 or 15(a) of the Securities
Exchange Act of 1934 from their obligations under those
Sections





Indicate
by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for
the past 90 days.





☒ Yes ☐ No





Indicate
by check mark whether the registrant has submitted electronically
every Interactive Data File required to be submitted and posted
pursuant to Rule 405 of Regulation S-T (§232.405 of this
chapter) during the preceding 12 months (or for such shorter period
that the registrant was required to submit such
files).





☒ Yes ☐ No





Indicate
by check mark whether the registrant is a large accelerated filer,
an accelerated filer, a non-accelerated filer or an emerging growth
company. See definition of “large accelerated filer,”
“accelerated filer” and “emerging growth
company” in Rule 12b-2 of the Exchange Act.:





Large
accelerated filer ☐ Accelerated filer
☒
Non-accelerated filer ☐ Emerging growth
company ☐





If
an emerging growth company that prepares its financial statements
in accordance with U.S. GAAP, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards† provided pursuant to Section 13(a) of the Exchange
Act. ☐





†The
term “new or revised financial accounting standard”
refers to any update issued by the Financial Accounting Standards
Board to its Accounting Standards Codification after April 5,
2012.








Indicate
by check mark which basis of accounting the registrant has used to
prepare the financial statements included in this
filing:





U.S.
GAAP
☐
International
Financial Reporting Standards as issued by the International
Accounting Standards Board
☒
Other
☐





If
“Other” has been checked in response to the previous
question, indicate by check mark which financial statement item the
registrant has elected to follow.





☐ Item 17 ☐ Item 18





If this
is an annual report, indicate by check mark whether the registrant
is a shell company (as defined in Rule 12b-2 of the Exchange
Act).





☐ Yes ☒ No





(APPLICABLE
ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST
FIVE YEARS)


Indicate
by check mark whether the registrant has filed all documents and
reports required to be filed by Sections 12, 23 or 15(d) of the
Securities Exchange Act of 1934 subsequent to the distribution of
securities under a plan confirmed by the court. Yes ☐ No ☐





Please send copies of notices and communications from the
Securities and Exchange Commission to:


Carolina
Zang

David
WilliamsJaime
MercadoZang
Bergel & Viñes Abogados

Simpson
Thacher & Bartlett LLPFlorida
537 piso 18o
C1005AAK
Ciudad Autónoma de Buenos Aires, Argentina.

425
Lexington Avenue
New
York, NY 10019

















EXPLANATORY NOTE





This
Amendment No. 1 on Form 20-F/A (the “Amendment”) is
being filed by Cresud Sociedad Anonima Comercial Inmobiliaria
Financiera y Agropecuaria (“CRESUD” the
“Company,” “we,” “our,” or
“us”) to amend the Company’s Annual Report on
Form 20-F for the fiscal year ended June 30, 2019, originally filed
with the U.S. Securities Exchange Commission on October 31, 2019
(the “Original Filing”). The Company is filing this
Amendment solely for purposes of amending the disclosure relating
to the independent directors of the Company.





This
Amendment consists solely of the cover page and this explanatory
note. Except as described above, this Amendment does not amend any
information set forth in the Original Filing or reflect any events
that occurred subsequent to the filing of the Original Filing on
October 31, 2019. Accordingly, this Amendment should be read in
conjunction with the Original Filing and with our filings with the
U.S. Securities Exchange Commission subsequent to the Original
Filing.























Item 6. Directors, Senior Management and Employees





A. DIRECTORS AND SENIOR MANAGEMENT





Board of Directors





We are
managed by a board of directors. Our bylaws provide that our Board
of Directors shall consist of a minimum of three and a maximum of
fifteen regular directors and the same or less numbers of alternate
directors. Currently, our board is composed by twelve regular
directors and three alternate directors. Each director and
alternate director is elected by our shareholders at an annual
ordinary meeting of shareholders usually for a three-year term,
provided, however, that of the board of directors is elected each
year. The directors and alternate directors may be re-elected
indefinitely.


Alternate
directors will be summoned to exercise their functions in case of
absence, vacancy or death of a regular director or until a new
director is appointed.





Our
current board of directors was elected at the shareholders’
meetings held on October 31, 2017, October 29, 2018 and October 30,
2019 for terms expiring in the years 2020, 2021 and 2022,
respectively. Our current directors are as follows:





Directors(1)
Date of Birth
Position in Cresud
Term Expires(2)
Date of Current Appointment
Current Position Held SinceEduardo
Sergio Elsztain
01/26/1960
Chairman
06/30/2020
10/31/2017
1994Saúl
Zang
12/30/1945
First
Vice-Chairman
06/30/2020
10/31/2017
1994Alejandro
Gustavo Elsztain
03/31/1966
Second
Vice-Chairman and CEO
06/30/2022
10/30/2019
1994Gabriel
A.G. Reznik
11/18/1958
Regular
Director
06/30/2021
10/29/2018
2003Jorge
Oscar Fernández
01/08/1939
Regular
Director
06/30/2021
10/29/2018
2003Fernando
Adrián Elsztain
01/04/1961
Regular
Director
06/30/2022
10/30/2019
2004Pedro
Damasco Labaqui Palacio
02/22/1943
Regular
Director
06/30/2021
10/29/2018
2006Daniel
E. Mellicovsky
01/17/1948
Regular
Director
06/30/2020
10/31/2017
2008Alejandro
Gustavo Casaretto
10/15/1952
Regular
Director
06/30/2020
10/31/2017
2008Liliana
Glikin
03/29/1953
Regular
Director
06/30/2022
10/30/2019
2019Hector
Rogelio Torres
12/30/1954
Regular
Director
06/30/2022
10/30/2019
2019Alejandro
Mario Bartolome
09/12/1954
Regular
Director
06/30/2022
10/30/2019
2019Gastón
Armando Lernoud
06/04/1968
Alternate
Director
06/30/2020
10/31/2017
1999Enrique
Antonini
03/16/1950
Alternate
Director
06/30/2022
10/30/2019
2007Eduardo
Kalpakian
03/03/1964
Alternate
Director
06/30/2022
10/30/2019
2007





(1) The
business address of our management is Moreno 877, 23rd Floor,
(C1091AAQ) Buenos Aires, Argentina.





(2) Term
expires at the annual ordinary shareholders’
meeting.





Liliana
Glikin, Hector Rogelio Torres and Alejandro Mario Bartolome qualify
as independent, in accordance with the CNV Rules.























Item 19. Exhibits





Documents
filed as exhibits to this Amendment No. 1:





Exhibit No.
Description of Exhibit12.1
Certification
pursuant to Section 302 of the Sarbanes-Oxley Act 200212.2
Certification
pursuant to Section 302 of the Sarbanes-Oxley Act 200213.1
Certification
pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of
the Sarbanes-Oxley Act of 2002.13.2
Certification
pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of
the Sarbanes-Oxley Act of 2002.














SIGNATURES





The
registrant hereby certifies that it meets all of the requirements
for filing on Form 20-F/A and that it has duly caused and
authorized the undersigned to sign this Amendment No. 1 to Annual
Report on Form 20-F on its behalf.








CRESUD SOCIEDAD ANÓNIMA COMERCIAL INMOBILIARIA FINANCIERA Y
AGROPECUARIADate
January 6, 2020
By:
/s/
Matías I. GaivironskyName
Matías I. GaivironskyTitle
Chief Financial and Administrative Officer