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)
Sep 4, 2023
2. SEC Identification Number
CEO2536
3. BIR Tax Identification No.
003-828-269-V
4. Exact name of issuer as specified in its charter
ABOITIZ EQUITY VENTURES INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
32nd Street, Bonifacio Global City, Taguig City, Metro Manila, PhilippinesPostal Code1634
8. Issuer's telephone number, including area code
(02) 8886-2800
9. Former name or former address, if changed since last report
N/A
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 Stock P1 Par Value
5,626,456,657
Amount of Debt Outstanding (As of June 30, 2023)
373,682,368,000
11. Indicate the item numbers reported herein
Item 9: Other Matters
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.
Aboitiz Equity Ventures, Inc.AEV
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Update Authorized Representative for Share Buy Back Transactions
Background/Description of the Disclosure
On August 30, 2023, the members of the Board of Directors of Aboitiz Equity Ventures Inc. (AEV) updated the list of authorized representatives delegated with the authority to (i) buy back its own shares using internally generated excess cash; and (ii) purchase additional shares of Aboitiz Power Corporation (AboitizPower) and Unionbank of the Philippines (UnionBank). The Board has delegated to any one (1) of the following:
1. Sabin M. Aboitiz - President and Chief Executive Officer 2. Jose Emmanuel U. HIlado - SVP - Chief Financial Officer / Corporate Information Officer 3. Samel A. Aboitiz - VP - Finance
the authority to decide when to acquire the Company’s shares, as well as shares of AboitizPower and UnionBank, as and when market prices dictate and as opportunities arise.