C01631-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 7,520,983,658 |
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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Sale of BPI's shareholdings in GoTyme Bank Corporation in favor of GoTyme Financial Pte. Ltd. and Giga Investment Holdings, Pte. Ltd. |
Background/Description of the Disclosure |
This is to inform the Exchange that on March 20, 2024, the Board of Directors of the Bank of the Philippine Islands (BPI) approved the sale of its 752,056,290 common shares representing all of its stakes in GoTyme Bank Corporation to GoTyme Financial Pte. Ltd. (744,099,587 common shares) and Giga Investment Holdings Pte. Ltd. (7,956,703 common shares) at Php1.20 per share, subject to BSP approval. |
Other Relevant Information |
Please see the attached JGS SEC Form 17-C Current Report. |
Name | Maria Celia Fernandez-Estavillo |
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Designation | Chief Legal Officer and Corporate Secretary |