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)
May 12, 2023
2. SEC Identification Number
147584
3. BIR Tax Identification No.
002-727-376-000
4. Exact name of issuer as specified in its charter
Premiere Horizon Alliance Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Unit 1705, East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig CityPostal Code1605
8. Issuer's telephone number, including area code
(02) 8632 - 7715
9. Former name or former address, if changed since last report
Not Applicable
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
COMMON STOCK P 0.25 PAR VALUE
5,708,359,504
11. Indicate the item numbers reported herein
Item No. 9 Other Item
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.
Premiere Horizon Alliance CorporationPHA
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Auction of Delinquent Shares
Background/Description of the Disclosure
As previously disclosed to the PSE last April 17, 2023, PHA will hold an auction of delinquent shares on May 11, 2023, to comprise three lots for a total of 1,457,756,139 shares for a minimum bid of Php361,810,663.16.
Today, May 11, 2023, an auction was held where Mr. Ernest Yeung, a private investor, bid for 1,389,802,253 shares representing 24.35% of the total outstanding shares of PHA and was awarded Auction Lot 1.
There were no bidders for the remaining Auction Lots 2 and 3 which comprise 67,953,886 shares and these remain delinquent.
Other Relevant Information
None
Filed on behalf by:
Name
Raul Ma. Anonas
Designation
Executive Vice President, Chief Operating Officer, Chief Information Officer (CIO) and SEC Compliance Officer