Eei CorporationPSE: EEI

Declaration of Cash Dividends

· Issued by Eei Corporation
SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Mar 11, 20222. SEC Identification Number PW-9373. BIR Tax Identification No. 000-391-438-0004. Exact name of issuer as specified in its charter EEI CORPORATION5. Province, country or other jurisdiction of incorporation MANILA, PHILIPPINES6. Industry Classification Code(SEC Use Only) 7. Address of principal office NO. 12 MANGGAHAN ST., BAGUMBAYAN, QUEZON CITYPostal Code11108. Issuer's telephone number, including area code (+632) 8-334-26779. Former name or former address, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON 1,036,281,485
EEIPA 15,000,000
EEIPB 45,000000
11. Indicate the item numbers reported herein N/A

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

EEI CorporationEEI PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure

Declaration of Cash Dividends for "Series A" Preferred Shares

Background/Description of the Disclosure

Cash Dividend for "Series A" Preferred Shares

As previously disclosed, the terms of the "Series A" Preferred Shares issuance provide a yearly cash dividend at the rate of 5.7641% per annum of the Offer Price of Php100.00 per share, payable, quarterly in arrears on March 23, June 23, September 23, and December 23 of each year.

Pursuant to the foregoing, the Board approved the declaration of cash dividend, for the first dividend payment date on March 23, 2022, in the amount of Php 1.441025 per share.

The record date to the determine the holders of the "Series A" Preferred Shares entitled to receive the cash dividend has
been set on 22 March 2022.

The cash dividend will be paid out of the Corporation's unrestricted retained earnings as of 31 December 2021.

Type of Securities

  • Common
  • PreferredEEIPA
  • OthersN/A
Cash Dividend
Date of Approval by Board of Directors Mar 8, 2022
Other Relevant Regulatory Agency, if applicable N/A
Date of Approval by Relevant Regulatory Agency, if applicable N/A
Type (Regular or Special) Special
Amount of Cash Dividend Per Share PhP1.441025 per share, per quarter (Equivalent to a rate of 5.7641 per annum)
Record Date Mar 22, 2022
Payment Date Mar 23, 2022
Source of Dividend Payment

Unrestricted retained earnings as of December 31, 2021.

Other Relevant Information

-

Filed on behalf by:
Name Teresita Salazar
Designation Sr. Legal Services Officer

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