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)
Jun 20, 2023
2. SEC Identification Number
54666
3. BIR Tax Identification No.
000-163-396
4. Exact name of issuer as specified in its charter
SHAKEY'S PIZZA ASIA VENTURES INC.
5. Province, country or other jurisdiction of incorporation
MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
15KM EAST SERVICE ROAD CORNER MARIAN ROAD 2, BARANGAY SAN MARTIN DE PORRES, PARANAQUE CITYPostal Code1700
8. Issuer's telephone number, including area code
(02) 8742 5397
9. Former name or former address, if changed since last report
-
10. 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
1,683,760,178
11. Indicate the item numbers reported herein
Item 9: Other Events
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.
Shakey's Pizza Asia Ventures, Inc.PIZZA
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 Regular Cash Dividends
Background/Description of the Disclosure
The Board of Directors of Shakey’s Pizza Asia Ventures, Inc. approved today the declaration of a regular cash dividend of Ten Centavos (Php0.10) per share, to all stockholders of record as of July 20, 2023 payable on July 31, 2023.
PIZZA Chief Financial Officer Manuel T. Del Barrio said, "The PHP0.10 per share cash dividend declared in 2023 translates to a 1.1% dividend yield for the year and a 20% dividend payout, consistent with our previous payout policy. The amount of dividends per share is equivalent to that of 2019, reflecting that even at the dividend policy front, PIZZA is back to pre-pandemic levels."
Del Barrio added, "Our group is anticipating to deliver accelerated and sustainable double-digit long-term growth. In line with this, we will continue to pursue financial flexibility, striking a balance between reinvesting in the business to fuel growth and providing our shareholders healthy returns. We are grateful to our shareholders for their continued support, confidence, and trust all these years and as we progress in our growth journey."
Type of Securities
Common
Preferred-
Others-
Cash Dividend
Date of Approval by Board of Directors
Jun 20, 2023
Other Relevant Regulatory Agency, if applicable
-
Date of Approval by Relevant Regulatory Agency, if applicable
N/A
Type (Regular or Special)
Regular
Amount of Cash Dividend Per Share
Ten Centavos
Record Date
Jul 20, 2023
Payment Date
Jul 31, 2023
Source of Dividend Payment
Unrestricted retained earnings as of December 31, 2022.