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 13, 2018
2. SEC Identification Number
PW-277
3. BIR Tax Identification No.
000-060-741-000
4. Exact name of issuer as specified in its charter
SAN MIGUEL COPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
40 San Miguel Avenue, Mandaluyong City, Metro Manila, PhilippinesPostal Code1550
8. Issuer's telephone number, including area code
(632) 632-3000
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
SMC
2,382,507,876
SMCP1
279,406,667
SMC2B
90,428,200
SMC2C
255,559,400
SMC2D
89,333,400
SMC2E
134,000,100
SMC2F
223,333,500
SMC2G
66,666,600
SMC2H
164,000,000
SMC2I
169,333,400
11. Indicate the item numbers reported herein
Item 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.
San Miguel CorporationSMC
PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Clarification of News Article.
Source
manilastandard.net
Subject of News Report
SMC Global's board approves issuance of $650-m securities
Date of Publication
Mar 12, 2018
Clarification of News Report
We reply with respect to the news article posted in the manilastandard.net on March 12, 2018:
“SMC Global’s board approves issuance of $650-m securities”, which reported in part that:
“SMC Global Power Holdings Corp. said Monday its board approved the financing arrangements, including the issuance of $650 million worth of securities, in favor of parent company San Miguel Corp. to finance its projects.
SMC Global said in a disclosure to the Philippine Dealing & Exchange Corp. its board approved ‘the necessary funding arrangements to finance the corporation’s projects, including but not limited to, the issuance by the corporation of peso-denominated redeemable perpetual securities equivalent up to $650 million in favor of SMC.’
. . . .”
By way of response to the Exchange, we confirm that the Board of Directors of San Miguel Global Power Holdings Corp. (“San Miguel Global Power”), a wholly-owned subsidiary of San Miguel Corporation (“SMC”), approved the issuance of securities up to the equivalent of US Dollar 650 million in favor of SMC to finance the on-going projects of San Miguel Global Power, as reported in the aforementioned article.
Other Relevant Information
None.
Filed on behalf by:
Name
Mary Rose Tan
Designation
Associate General Counsel and Assistant Corporate Secretary