C07874-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 3,933,840,480 | |
Preferred | 370,398,637 |
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Subject of the Disclosure |
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Alternergy Holdings Corporation ("ALTER") and state-run pension fund Government Service Insurance System ("GSIS") announce the subscription of GSIS, under a private placement, to ALTER's Perpetual Preferred Shares 2 Series A amounting to PhP1.45 billion. |
Background/Description of the Disclosure |
Alternergy Holdings Corporation (“ALTER”), through its Board of Directors, in a meeting held on 07 November 2023, approved the subscription of Government Service Insurance System ("GSIS") to 100 million of ALTER’s Perpetual Preferred Shares 2 Series A at Php14.50 per share for a total subscription amount of Php1.45 billion, under a private placement. |
Other Relevant Information |
Please see attached executed SEC Form 17C and Media Release document in related to this matter. The said documents were similarly submitted to the SEC via email on even date. |
Name | Kimberly Rose Pagdilao |
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Designation | Corporate Counsel / Deputy CIO |