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 8, 2024
2. SEC Identification Number
107432
3. BIR Tax Identification No.
000-124-671-000
4. Exact name of issuer as specified in its charter
Ionics, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Circuit Street, Light Industry & Science Park of the Philippines I, Bo. Diezmo, Cabuyao City, LagunaPostal Code4025
8. Issuer's telephone number, including area code
049-508-1111
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
837,130,992
11. Indicate the item numbers reported herein
9
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.
Ionics, Inc.ION
PSE Disclosure Form 12-1 - Change in Stock Transfer Agent References: Section 12 of the Revised Disclosure Rules
Subject of the Disclosure
Change in Stock Transfer Agent
Background/Description of the Disclosure
As part of an internal reorganization of Rizal Commercial Banking Corporation ("RCBC"), it has informed Ionics Inc. that it will terminate the services of its Stock Transfer Department effective December 31, 2023 and has requested Ionics Inc. to engage RCBC Trust Corporation as stock transfer agent effective January 1, 2024.
The foregoing will be subject to the formal approval of the Board of Directors in its next meeting.
Details of Changes in Stock Transfer Agent
Date of Approval by Board of Directors
Mar 8, 2024
Previous Stock Transfer Agent
Rizal Commercial Banking Corporation - Stock Transfer Department
Effective Date of Termination
TBA
New Stock Transfer Agent
RCBC Trust Corporation
Date of Engagement
TBA
Effective Date of Engagement
TBA
Reason(s) for Replacement
The reason for replacement is the spin-off of RCBC - Stock Transfer Department into RCBC Trust Corporation, a standalone trust corporation.
Other Relevant Information
Ionics Inc. was informed by RCBC - Stock Transfer Department that the application for secondary license as transfer agent of RCBC Trust Corporation may extend beyond the target effectivity date of 1 January 2024. In that regard, the earlier disclosure was amended to change to "TBA" the following information:
1. Effective Date of Termination of RCBC - Stock Transfer Department; 2. Date of Engagement of RCBC Trust Corporation; and 3. Effective Date of Engagement of RCBC Trust Corporation.
Ionics Inc. will disclose in due course the new effectivity date of the engagement of RCBC Trust Corporation following the latter's completion of all its regulatory requirements.
The earlier disclosure was amended to reflect the date of formal approval by the Board of Directors of the change in stock transfer agent.