C06218-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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COMMON STOCK | 286,327,841 |
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.
Subject of the Disclosure |
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Fine imposed by the Department of Environment and Natural Resources-Pollution Adjudication Board ("DENR-PAB") on East Pacific Star Bottlers Phils Inc. ("EPSBPI"), a wholly-owned subsidiary of Ginebra San Miguel Inc. ("Company"). |
Background/Description of the Disclosure |
DENR-PAB issued an Order on August 7, 2023 in connection with the case entitled "In the Matter of the Water Pollution Control and Abatement Case vs. EPSBPI - Ligao Plant, docketed as DENR-PAB Case No. 05-F00138-16 ("Order"), which imposed a fine on EPSBPI for allegedly discharging effluents which do not meet the DENR General Effluent Standards as set out in DENR Department Administrative Order 2016-08, as provided under Republic Act No. 9275 or the Philippine Clean Water Act of 2004 and its Implementing Rules and Regulations. EPSBPI has corrected such finding and will file a Motion for Reconsideration. |
Other Relevant Information |
Please see attached SEC Form 17-C which was filed with the Securities and Exchange Commission today, August 10, 2023, via email. |
Name | Francis Joseph Cruz |
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Designation | General Counsel and Assistant Corporate Secretary |