C04728-2022 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 5,265,866,000 |
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.
Subject of the Disclosure |
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National Grid Corporation of the Philippines satisfies the dispersal of ownership requirement under Section 8 of Republic Act No. 9511 |
Background/Description of the Disclosure |
In an Order dated May 26, 2022 (received on 24 June 2022), promulgated on June 21, 2022, the Energy Regulatory Commission (ERC) declared that the acquisition by Synergy Grid & Development Phils., Inc. (SGP or Company) of 40.20% of the outstanding capital stock of the National Grid Corporation of the Philippines (NGCP) satisfies the dispersal of ownership requirement under Section 8 of Republic Act No. 9511. |
Other Relevant Information |
Please see attached. |
Name | Pia Isabel Co |
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Designation | Compliance Officer |