OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Jul 20, 20222. SEC Identification Number 123973. BIR Tax Identification No. 0001070260004. Exact name of issuer as specified in its charter PHINMA Corporation5. Province, country or other jurisdiction of incorporation Makati City, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Level 12 PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati CityPostal Code12108. Issuer's telephone number, including area code (632)8-87001009. Former name or former address, if changed since last report Not applicable10. 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 shares | 271,893,365 |
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.
Phinma CorporationPHN PSE Disclosure Form 9-2 - Sale of Treasury Shares References: Section 9 of the Revised Disclosure Rules| Subject of the Disclosure |
Issuance and Sale of Treasury Shares |
| Background/Description of the Disclosure |
On May 31, 2022, the Executive Committee, with the authority delegated by the Board of Directors of PHINMA Corporation, approved the issuance and sale of 14,450,179 treasury shares thru the facilities of the Philippine Stock Exchange at a minimum selling price of Php 19.50 per share. Furthermore, the shareholders approved the one-time denial of pre-emptive rights during the Special Shareholders Meeting held last July 14, 2022. Notwithstanding the said denial of pre-emptive rights, stockholders will have the opportunity to acquire the said Treasury Shares through the Exchange. |
Type of Securities
- Common
- PreferredN/A
- OthersN/A
| Date of Transaction | Number of Shares Sold | Price Per Share |
| Jul 19, 2022 | 98,900 | 19.50 |
| Before | After | |
| Outstanding Shares | 271,893,365 | 271,992,265 |
| Treasury Shares | 14,450,179 | 14,351,279 |
| Cumulative Number of Shares Sold to Date 1 | 98,900 |
| Number of Shares Authorized for Sale | 14,450,179 |
| Other Relevant Information |
The proceeds from the sale will be used for investments and for general corporate purposes. The treasury shares represents 5% shareholding interests. |
1 From the date when the sale of treasury shares program commenced.
| Name | Rolando Soliven |
| Designation | Vice President - Group Corporate Assurance and Compliance Officer |