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)
Mar 20, 2017
2. SEC Identification Number
147212
3. BIR Tax Identification No.
000-323-228
4. Exact name of issuer as specified in its charter
International Container Terminal Services, Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
ICTSI Administration Building, Manila International Container Terminal (MICT), South Access Road, Port Area, ManilaPostal Code1012
8. Issuer's telephone number, including area code
+(63 2) 245 4101
9. Former name or former address, if changed since last report
Not Applicable
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 Stock Outstanding
2,029,363,543
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.
International Container Terminal Services, Inc.ICT
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Purchase of ICTSI shares by the Company
Background/Description of the Disclosure
Please find below details of purchase of ICTSI shares by the company.
Type of Securities
Common
Preferred-
Others-
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Mar 20, 2017
5,400,000
89.00
5,400,000
Effects on Number of Shares
Before
After
Outstanding Shares
2,029,363,543
2,023,963,543
Treasury Shares
15,814,128
21,214,128
Cumulative Number of Shares Purchased to Date 1
17,085,910
Total Amount Appropriated for the Buy-Back Program
-
Total Amount of Shares Repurchased
Php1,347.67M
Other Relevant Information
Cumulative Number of Shares Purchased to Date is the aggregate number of shares purchased by the Company from September 1, 2015 to date. Total Amount of Shares for re-purchase, approved and authorized by the Board of ICTSI on September 16, 2015 and November 17, 2016 is for up to 30 million shares. Total Amount of Shares Repurchased is the Total Cost of the Cumulative Number of Shares Purchased to Date.
1 From the date when the share buy-back program commenced.