Pursuant to Article VII, Section 17.8 on Sanctions for Non-Compliance with Certain Structured Reportorial Requirements under the Rules, should the above-mentioned companies fail to comply with the Exchange’s structured reportorial requirements before June 3, 2022, a trading suspension will be imposed on their respective shares starting on June 3, 2022.
Also, as announced in Company Announcement No. C03947-2022 dated May 27, 2022, Philippine Business Bank ("PBB") disclosed that "(o)n May 25, 2022, the SEC has granted Philippine Business Bank’s request for exemptive relief to extend the filing deadline of SEC forms 17-A and 17-Q to June 15, 2022."
The Exchange will inform the Trading Participants and the investing public of further developments on the matter. |