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) Feb 8, 20222. SEC Identification Number 123973. BIR Tax Identification No. 0001070260004. Exact name of issuer as specified in its charter PHINMA Corporation5. Province, country or other jurisdiction of incorporation Makati City, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Level 12 PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati CityPostal Code12108. Issuer's telephone number, including area code (632)8-87001009. Former name or former address, if changed since last report Not applicable10. 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
271,900,365
11. Indicate the item numbers reported herein Share buy back transactions
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.
Phinma CorporationPHN
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Buy back of PHINMA Corporation's common shares dated February 8, 2022
Background/Description of the Disclosure
Pursuant to PHINMA Corporation Board of Directors approval on February 28, 2020 of the appropriation of P 165.5 million for the buyback of PHN shares until February 28, 2022, the Company purchased today from the open market 7,000 common shares amounting to P139,960.00.
Type of Securities
Common
PreferredN/A
OthersN/A
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Feb 8, 2022
2,000
19.98
Feb 8, 2022
5,000
20.00
7,000
Effects on Number of Shares
Before
After
Outstanding Shares
271,900,365
271,893,365
Treasury Shares
14,443,179
14,450,179
Cumulative Number of Shares Purchased to Date 1
14,450,179
Total Amount Appropriated for the Buy-Back Program
P 165.5 M
Total Amount of Shares Repurchased
P 9,572,918.00
Other Relevant Information
The total amount appropriated as indicated refers to the remaining amount from the previous buy-back program. The total amount of shares repurchased refers to the current buy back program.
1 From the date when the share buy-back program commenced.
Filed on behalf by:
Name
Rolando Soliven
Designation
Vice President - Group Corporate Assurance and Compliance Officer
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Disclaimer
PHINMA Corporation published this content on 09 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2022 23:37:04 UTC.
PHINMA Corporation is a Philippines-based holding company. The Company's principal activity is holding investments in shares in various subsidiaries, associates and investees and other financial instruments. Its segments include Investment holdings, Property development, Construction materials, Educational services and Hospitality. The Property development segment is engaged in the real estate development and leasing out the Company's real and personal properties. The Construction materials segment is engaged in operations of cement trading; manufacturing and trading of iron and steel products, and providing solar rooftop system to customers. The Education services segment offers graduate, tertiary, secondary and elementary education services. Hospitality segment provides management services and is engaged in investment holding activities for the hotels. Its subsidiaries include PHINMA Solar Energy Corporation, and Cagayan de Oro College, Inc.