9. Former name or former address, if changed since last report
9
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
4,250,547,620
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.
Semirara Mining and Power CorporationSCC
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
ERC Imposes Penalty on SCPC Unplanned Outages
Background/Description of the Disclosure
Sem-Calaca Power Corporation (SCPC), a subsidiary of Semirara Mining and Power Corporation (SMPC), has informed SMPC today that it received a copy of the Decision dated August 5, 2022, relative to the case docketed as “In the Matter of Violation of ERC Orders, Rules and Regulations; Sem-Calaca Power Corporation, Respondent; ERC Case No. 2019-022SC For: Non-Compliance with Resolution No. 04, Series of 2015.”
The case pertains to the failure to comply with the submission of outage occurrence and resumption of operation reports through short message service (SMS) within the prescribed timeline for unplanned outages on February 12, 2019 and April 27, 2019, and resumption of operation on March 16, 2019, and May 5, 2019, respectively. For such failure, the Energy Regulatory Commission directed to pay P400,000.00 as penalty within 15 days from receipt of the above-mentioned Decision.
Other Relevant Information
In accordance with SEC Notice issued on March 17, 2020, attached herewith is SEC Form 17-C for your immediate reference.