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)
May 15, 2018
2. SEC Identification Number
PW-105
3. BIR Tax Identification No.
000-541-102
4. Exact name of issuer as specified in its charter
Philippine Trust Company (also known as PHILTRUST BANK)
5. Province, country or other jurisdiction of incorporation
Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Philtrust Bank Bldg., 1000 United Nations Avenue corner San Marcelino Street, ManilaPostal Code1007
8. Issuer's telephone number, including area code
(02) 524-9061
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
Common shares
1,000,000,000
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.
Philippine Trust CompanyPTC
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 of the Bank's Article of Incorporation.
Background/Description of the Disclosure
The Board of Directors and the stockholders in their separate meetings held on April 20, 2018 and May 15, 2018, respectively, approved the amendment of Article Sixth of the Bank's Articles of Incorporation to increase the number of Directors from eleven (11) to twelve (12). The said amendment shall be subject to BSP approval prior to submission to other regulatory agencies concerned.
Date of Approval by Board of Directors
Apr 20, 2018
Date of Approval by Stockholders
May 15, 2018
Other Relevant Regulatory Agency, if applicable
Bangko Sentral ng Pilipinas
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
Sixth
That the number of the Directors of the Corporation shall be eleven (11). x x x
That the number of the Directors of the Corporation shall be twelve (12). x x x
Rationale for the amendment(s)
The amendment of the Articles of Incorporation will increase the number of directors from eleven (11) to twelve (12).
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