C02578-2024

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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)
Apr 26, 2024
2. SEC Identification Number
CS200315877
3. BIR Tax Identification No.
226-527-915
4. Exact name of issuer as specified in its charter
METRO RETAIL STORES GROUP, INC.
5. Province, country or other jurisdiction of incorporation
Cebu, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Vicsal Building, corner of C.D. Seno and W.O. Seno Sts., Guizo, North Reclamation Area, Mandaue City, Cebu Postal Code 6014
8. Issuer's telephone number, including area code
(032) 236-8390
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 Shares 3,247,645,000
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.

Metro Retail Stores Group, Inc.MRSGI

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Press Release from Metro Retail Stores Group, Inc.
Background/Description of the Disclosure

Metro Retail breaks ground on four new supermarket stores in the Visayas
Other Relevant Information

Metro Retail Stores Group, Inc. (MRSGI) recently made strides in its expansion efforts in the Visayas with the groundbreaking for four new supermarket stores in Cebu and Leyte, marking the beginning of increased accessibility and convenience for these communities.

At each ceremony, Benedicto C.T. Miranda, Vice President of Store Network Development of MRSGI, highlighted the importance of community partnership and the company's commitment to providing quality goods and services to residents.

"These new establishments mark the beginning of a new chapter for these communities," remarked Miranda. "Our partnership with the local governments and the active participation of residents underscores our commitment to enhancing the quality of life for the people of Cebu and Leyte."

MRSGI's commitment to serving diverse communities in Cebu is reinforced with the addition of Metro Supermarket in Barangay Tayud, alongside Metro Value Mart locations in Barangay Poblacion and Barangay Tangke.

Expanding beyond Cebu, MRSGI extends its reach to Leyte with the groundbreaking of Metro Supermarket in Barangay Marvel, Isabel. These expansions signify MRSGI's commitment to serving diverse communities across the Visayas region, enriching local economies, and fostering connections with residents.

"Investing in these communities is not just about business; it's about creating lasting relationships and making a positive difference in people's lives," added Miranda. "We are excited to embark on this journey with the residents of Cebu and Leyte, and we are committed to being a trusted partner in their journey towards progress and prosperity."

MRSGI currently operates a network of 64 stores throughout the Philippines, with 42 branches located in the Visayas, offering various formats including Metro Supermarket, Metro Department Store, Super Metro Hypermarket, and Metro Value Mart. As part of its strategic growth plan, MRSGI is also actively seeking opportunities to expand its presence in Luzon, to provide quality products and services and to serve more communities across the country.


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Filed on behalf by:
Name Theresa Marie Puno-Dela Pena
Designation Asst. Corporate Secretary and Compliance Officer