SECURITIES AND EXCHANGE COMMISSION
SEC 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)

Aug 5, 2022

2. SEC Identification Number

-

3. BIR Tax Identification No.

-

4. Exact name of issuer as specified in its charter

Del Monte Pacific Limited

5. Province, country or other jurisdiction of incorporation

British Virgin Islands

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Craigmuir Chambers, PO Box 71 Road Town, Tortola, British Virgin Islands Postal Code -

8. Issuer's telephone number, including area code

+6563246822

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
Ordinary Shares	1,943,960,024
Series A-2 Preference Shares	10,000,000

11. Indicate the item numbers reported herein

-

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.

Del Monte Pacific LimitedDELM

PSE Disclosure Form 4-1 - Acquisition or Disposition of Assets References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Acquisition by Del Monte Pacific Limited's subsidiary, Del Monte Foods, Inc., of Kitchen Basics
Background/Description of the Disclosure
The Company's U.S. subsidiary, Del Monte Foods, Inc. (“DMFI”) has acquired certain assets associated with the Kitchen Basics brand of ready-to-use stock and broth from McCormick & Company.

Date of Approval by Board of Directors	N/A

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

The Kitchen Basics brand was founded in 1996 as the pioneer in liquid stock and remains a strong brand in the U.S. today, with net sales of approximately US$45 million. The Acquisition is consistent with DMFI’s overall growth strategy, as it focuses on innovation, renovation and customization of its iconic brand portfolio. Kitchen Basics will join Del Monte’s brand portfolio as the company expands its retail presence in the category.

Details of the acquisition or disposition

Date	Aug 3, 2022

Description of the Transaction
Acquisition by DMFI of Kitchen Basics intellectual property and inventory assets
Manner
Negotiated between the parties
Description of the assets involved
The assets acquired comprise intellectual property and inventory. No property, plant and/or equipment were acquired.

Terms and conditions of the transaction

Nature and amount of consideration given or received
The aggregate consideration for the assets was US$99 million.
Principle followed in determining the amount of consideration
The price was established through an auction process and negotiations between the parties.
Terms of payment
Cash settlement was completed on 4 August 2022
Conditions precedent to closing of the transaction, if any
None.
Any other salient terms
None.

Identity of the person(s) from whom the assets were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
McCormick & Company	N/A

Effect(s) on the business, financial condition and operations of the Issuer, if any
The net profits attributable to the assets acquired compared with the group’s net profits is at a relative value of 3.83%. (Based on estimated net profit of Kitchen Basics business (on a standalone basis) that has been carved out by the seller)
Other Relevant Information
Please refer to the attached Announcement.

If the transaction being reported is an acquisition, kindly submit the following additional information:

Source(s) of funds
The acquisition was financed through available credit facilities.
If any asset so acquired by the issuer or its subsidiaries constituted plant, equipment or other physical property, state the nature of the business in which the assets were used by the persons from whom acquired and whether the issuer intends to continue such use or intends to devote the assets to other purposes, indicating such other purposes
N/A