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 16, 2018
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
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
6F Rockwell Business Center Tower 3 Ortigas Avenue Pasig CityPostal Code1604
8. Issuer's telephone number, including area code
632 449 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
3,654,852,357
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 CorporationFGEN
PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Amendment to Article Seven of the Amended Articles of Incorporation to increase the authorized capital stock from PHP8.6B to PHP11.6B by the creation of 300 million Series H preferred shares with a par value of PHP10.00 per share
Background/Description of the Disclosure
Board approval of March 15, 2018 on the increase of authorized capital stock from PHP8.6B to PHP11.6B superseded the March 12, 2015 board approval.
Date of Approval by Board of Directors
Mar 15, 2018
Date of Approval by Stockholders
TBA
Other Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Relevant Regulatory Agency, if applicable
TBA
Date of Approval by Securities and Exchange Commission
TBA
Date of Receipt of SEC approval
TBA
Amendment(s)
Article No.
From
To
Seven
authorized capital stock of PHP8.6 billion composed of common shares and preferred shares (Series A,B,C,D,E,F,G)
authorized capital stock of PHP11.6 billion by way of creating 300 million Series “H” preferred shares with a par value of PHP10.00 per share
Rationale for the amendment(s)
to create a new series of preferred shares for increased financial flexibility
The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC
TBA
Expected date of SEC approval of the Amended Articles of Incorporation
TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
will provide increased financial flexibility
Other Relevant Information
We are amending the report to reflect a further increase in authorized capital stock from PHP8.6B to PHP11.6B. Please see attached SEC Form 17-C.