C09213-2022

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)
Dec 13, 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
63246822
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 4-21 - Redemption of Security References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Redemption of All Outstanding 10,000,000 Series A-2 Preference Shares

Background/Description of the Disclosure

Following the provisions of the Prospectus dated 20 March 2017 and Offer Supplement dated 24 November 2017 of Del Monte Pacific Limited (the “Company”) in relation to its issuance on 15 December 2017 of the Series A-2 Preference Shares, with trading symbol DMPA2, the Company will redeem on 15 December 2022 all of the outstanding 10,000,000 Series A-2 Preference Shares at a redemption price equal to the issue price thereof at US$10 per share, plus any accrued and unpaid cash dividends due them as of 15 December 2022, after deduction of any transfer costs customarily chargeable to stockholders, as applicable to effect the redemption (the “Redemption Price”). The Redemption Price shall be paid to holders of the Series A-2 Preference Shares as of 8 December 2022, which is the relevant record date.

This Disclosure was amended to include the letter of the Company to the PSE and the SEC on the Company's redemption of DMPA2 shares.

This Disclosure is updated to finalize the redemption price due as of 15 December 2022 to holders of Series A-2 Preference Shares to comprise the issue price thereof at US$10 per share plus a prorated amount for the period from 8 October 2022 to 15 December 2022 equivalent to US$ 0.12278 per Series A-2 Share. There does not appear to be any transfer costs for this transaction that would be chargeable to shareholders.

Date of Approval by Board of Directors Sep 8, 2022
Record Date, if applicable Dec 8, 2022
Redemption Price Issue Price at US$10 per share, plus any accrued and unpaid cash dividends, less transfer costs
Redemption Period N/A
Redemption Date Dec 15, 2022

Effects on the capital structure

Issued Shares
Type of Security/Stock Symbol Before After
DELM 1,944,935,826 1,944,935,826
DMPA2 10,000,000 -
Outstanding Shares
Type of Security/Stock Symbol Before After
DELM 1,943,960,024 1,943,960,024
DMPA2 10,000,000 -
Treasury Shares
Type of Security/Stock Symbol Before After
DELM 975,802 975,802
DMPA2 - -
Listed Shares
Type of Security/Stock Symbol Before After
DELM 1,944,935,826 1,944,935,826
DMPA2 10,000,000 -
Effect(s) on foreign ownership level, if any N/A
Other Relevant Information

No further information.

Filed on behalf by:
Name Antonio Eugenio Ungson
Designation Chief Legal Counsel and Chief Compliance Officer