Download as pdf or txt
Download as pdf or txt
You are on page 1of 8

REDEMPTION OF

FIRST GEN CORPORATION SERIES “G” PREFFERED SHARES

Please be advised that First Gen Corporation will redeem all outstanding shares of Series “G”
Preferred Shares (FGENG) at the Redemption Value of One Hundred Pesos (PHP100.00) per
share to all holders of FGENG on July 25, 2022. Payment to be credited once funds are
received from the company.

Trading of FGENG shares will be suspended effective July 20, 2022 at 9:00 AM.

For your information.

COL Financial Group, Inc. Helpdesk


helpdesk@colfinancial.com
12/07/2022, 16:01 Voluntary Trading Suspension

Remarks C05164-2022

The Exchange approves the request of First Gen Corporation ("FGEN") for the voluntary trading
suspension of its Series "G" Preferred Shares ("FGENG"), effective at 9:00 a.m. on Wednesday, July
20, 2022. The Exchange will inform the Trading Participants and the investing public of further
developments on the matter.

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.

First Gen Corporation


FGEN

PSE Disclosure Form 4-34 - Voluntary Trading Suspension

Subject of the Disclosure

Voluntary trading suspension in view of the company's redemption of its Series G preferred shares.

Background/Description of the Disclosure

Redemption of all outstanding Series “G” preferred shares on July 25, 2022

Stock Symbol(s) of
Affected Securities
FGENG

Trading Suspension Details


Execution Date Jul 20, 2022
Execution Time 9:00 AM
Lifting Date TBA
Lifting Time -

Reason(s) for the request

Pursuant to the Revised Disclosure rules, the trading suspension is sought for at least three (3) trading days prior to the
redemption of all the outstanding Series G preferred shared on July 25, 2022.

https://edge.pse.com.ph/openDiscViewer.do?edge_no=152eaeaa36ad14343470cea4b051ca8f 1/2
12/07/2022, 16:01 Voluntary Trading Suspension

Other Relevant Information

Filed on behalf by:


Name Cynthia Gaitana
Designation Secretary

https://edge.pse.com.ph/openDiscViewer.do?edge_no=152eaeaa36ad14343470cea4b051ca8f 2/2
C04370-2022

SECURITIES AND EXCHANGE COMMISSION


SEC 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)


Jun 14, 2022
2. SEC Identification Number
A1998 18260
3. BIR Tax Identification No.
202 464 633
4. Exact name of issuer as specified in its charter
First Gen Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)

7. Address of principal office


6F Rockwell Business Center Tower 3 Ortigas Avenue Pasig City
Postal Code
1604

8. Issuer's telephone number, including area code


(02) 3449-6400
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 3,596,575,505
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.
First Gen Corporation
FGEN

PSE Disclosure Form 4-21 - Redemption of Security


References: SRC Rule 17 (SEC Form 17-C) and

Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Redemption of all outstanding Series G preferred shares on July 25, 2022

Background/Description of the Disclosure

Redemption of all outstanding Series G preferred shares on July 25, 2022

Date of Approval by
Board of Directors
Jun 14, 2022
Record Date, if
applicable
N/A

Redemption Price PHP100 per share (51,590,610 shares) / PHP 10 per share (13,750,000 shares)
Redemption Period -
Redemption Date Jul 25, 2022

Effects on the capital structure


Issued Shares
Type of Security/Stock Symbol Before After
FGENG 133,750,000 133,750,000
FGEN 3,660,943,557 3,660,943,557

Outstanding Shares
Type of Security/Stock Symbol Before After
FGENG 65,340,610 0
FGEN 3,596,575,505 3,596,575,505

Treasury Shares
Type of Security/Stock Symbol Before After
FGENG 68,409,390 133,750,000
FGEN 64,368,052 64,368,052

Listed Shares
Type of Security/Stock Symbol Before After
FGENG 133,750,000 133,750,000
FGEN 3,660,943,557 3,660,943,557

Based on the number of foreign-owned shares as of May 31, 2022, the foreign ownership level
Effect(s) on foreign
ownership level, if any
of all outstanding shares (voting and non-voting) shall be 11.06% (from 10.93%) upon the
redemption of all outstanding Series G preferred shares

Other Relevant Information

Redemption price at PHP100 per share on the 51,590,610 outstanding Series “G” preferred shares, and PHP10 per
share on the 13,750,000 Series “G” preferred shares issued to First Philippine Holdings Corporation by way of private
placement.

In accordance with the terms and conditions of the company’s Series G preferred shares, the company will redeem all
outstanding Series G preferred shares on July 25, 2022 by paying in cash the applicable Redemption Values to all
holders of the shares. The redeemed shares will be treated as treasury shares until and unless the shares are retired or
reissued. To date the Company has no plans to reissue the said shares.

Filed on behalf by:


Name Rachel Hernandez
Designation Vice President and Corporate Secretary
DocuSign Envelope ID: B986F454-7A85-45F8-ACC9-94329C782DA0

June 14, 2022

The Philippine Stock Exchange, Inc.


6th Floor PSE Tower
28th corner 5th Avenue
Bonifacio Global
City Taguig City

Attention: Ms. Alexandra D. Tom Wong


Officer-in-Charge, Disclosure Department

Gentlemen:

Attached please find a duly accomplished SEC Form 17-C on material matters which were
approved by the board of directors during its meeting held earlier today. Thank you.

Very truly yours,

RACHEL R. HERNANDEZ
Corporate Secretary
DocuSign Envelope ID: B986F454-7A85-45F8-ACC9-94329C782DA0

SECURITIES AND EXCHANGE COMMISSION


SEC FORM 17-C

CURRENT REPORT UNDER SECTION 17


OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1.…June 14, 2022…………………………………………………………………………………………………………………


Date of Report (Date of earliest event reported)

2. SEC Identification Number A1998-18260 3. BIR Tax Identification No. 202-464-633

4. ……FIRST GEN CORPORATION………………………………………………………………………………………………


Exact name of issuer as specified in its charter

5. ......Metro Manila, Philippines........................... 6. 6. (SEC Use Only)


Province, country or other jurisdiction of Industry Classification Code:
incorporation

7. 6th Floor Rockwell Business Center Tower 3, Ortigas Avenue, Pasig City 1604………………….
Address of principal office Postal Code

8. ……(632) 3449-6400………………Issuer's telephone number, including area code

9. N/A …………………………………………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
(as of May 31, 2022)
Common Stock 3,596,575,505

11. Indicate the item numbers reported herein: …………Item No. 9 …………………………

Please be advised that in its meeting held earlier today, the board of directors of First Gen
Corporation approved the following material matters:

1. Declaration of cash dividends on the Corporation’s Series “G” preferred shares in the
amount of PHP3.8904 per share on the 51,590,610 outstanding Series “G” preferred
shares, and PHP0.38904 per share on the 13,750,000 Series “G” preferred shares
issued to First Philippine Holdings Corporation by way of private placement, with a
record date of July 1, 2022 and a payment date of July 25, 2022.

2. Optional Redemption of all outstanding Series “G” preferred shares on July 25, 2022
pursuant to the provisions of the Deed Poll dated May 3, 2012.

SIGNATURE

Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this
report to be signed on its behalf by the undersigned hereunto duly authorized.

FIRST GEN CORPORATION June 14, 2022


Issuer Date
By:

RACHEL R. HERNANDEZ
Corporate Secretary

You might also like