C02541-2021

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)
Apr 20, 2021
2. SEC Identification Number
AS094-000088
3. BIR Tax Identification No.
003-058-789
4. Exact name of issuer as specified in its charter
SM PRIME HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10th Floor Mall of Asia Arena Annex Building, Coral Way cor. J.W. Diokno Blvd., Mall of Asia Complex, Brgy. 76, Zone 10, CBP-1A, Pasay City, Philippines Postal Code 1300
8. Issuer's telephone number, including area code
(632) 8831-1000
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 STOCK, P1 PAR VALUE 28,879,231,694
11. Indicate the item numbers reported herein
ITEM # 9, LETTER B.

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.

SM Prime Holdings, Inc.SMPH

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

PRESS RELEASE
SM Prime Sets 2021 CAPEX; Declares Cash Dividends

Background/Description of the Disclosure

(20 April 2021, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) sets PHP80 billion for its 2021 capital expenditures, focusing on its mall and residential business segments, with due consideration to the challenges brought about by the COVID-19 pandemic.

Likewise, SM Prime’s Board of Directors approved the declaration of cash dividends of PHP0.082 per share, amounting to PHP2.368 billion to all stockholders of record as of May 5, 2021, payable on or before May 19, 2021, during the virtual ceremony of the Company’s Annual Stockholders’ Meeting.

“We all know that the COVID-19 pandemic continues to challenge many companies around the globe, including SM Prime, but we remain committed to enhance the value of your Company for the benefit of all our stakeholders,” SM Prime President Jeffrey C. Lim said.

This 2021, SM Prime is scheduled to open three new malls in the Philippines provided that quarantine measures are eased and with utmost concern for people’s safety. Along with this, the Company aims to launch 15,000 to 20,000 residential units with its primary residential business segment, SM Development Corp. (SMDC), sustaining its growth in the previous year amidst the pandemic.

“SM Prime will continue assisting our national government in its efforts to combat the spread of COVID-19 in the Philippines, primarily in key areas such as Metro Manila, Bulacan, Cavite, Rizal and Laguna, where the number of cases are still high. At the same time, we will continue exploring opportunistic acquisitions and/or investments that are well within our core competencies and expand further in provincial areas where we can operate,” Mr. Lim added.

In the coming weeks, SM Prime will start rolling out its vaccination program among its employees to protect them from COVID-19. The Company has committed to donate a portion of the vaccines it procured to the national government to support its programs.

SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.


###

Other Relevant Information

For further information, please contact:
Alexander Pomento
Vice President, Investor Relations
SM Prime Holdings, Inc.
E-mail: [email protected]
Tel. no.: +632 8862 7940

Filed on behalf by:
Name Alexander Pomento
Designation Vice President