This is with reference to First Metro Philippine Equity Exchange Traded Fund, Inc.’s (“FMETF” or the “Company”) disclosure under Company Announcement No. C07062-2022 dated September 20, 2022.
In the said disclosure, the Company reported the following:
“Failure to displayed correct iNav on FMETF and PSE website
. . . .
iNav displayed on September 20, 2022 is not calculating. iNav still fixing and coordinating with service provider”
Pursuant to Part B Section 7 (b)(iv) of the PSE Rules on Exchange Traded Funds, the Exchange will implement a trading halt on FMETF shares at 10:15 a.m. today, September 20, 2022.
UPDATE
In connection with the above, FMETF submitted to the Exchange its disclosure under Company Announcement No. C07064-2022 dated September 20, 2022, which stated that:
“iNav displayed on September 20, 2022 as of 09:00am is not calculating. iNav still fixing and coordinating with service provider. As of 10:30 a.m. today, September 20, 2022, this has been rectified and the INAV display is now correct.”
Given the foregoing, the halt on the trading of FMETF shares will be lifted at 10:50 a.m. today, September 20, 2022.
For your information and guidance. |