C04797-2024
Ex-Date : Aug 01, 2024

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)
Jul 18, 2024
2. SEC Identification Number
108476
3. BIR Tax Identification No.
000-390-189-000
4. Exact name of issuer as specified in its charter
Philippine Seven Corporation
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7th Floor, The Columbia Tower Ortigas Avenue, Mandaluyong City Postal Code 1550
8. Issuer's telephone number, including area code
(632) 8724-4441 to 53
9. Former name or former address, if changed since last report
n / a
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 756,418,283
11. Indicate the item numbers reported herein
Item 9. Other Events

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.

Philippine Seven CorporationSEVN

PSE Disclosure Form 6-2 - Declaration of Stock Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

PSC Stock Dividend Declaration 2024

Background/Description of the Disclosure

The Board of Directors of PHILIPPINE SEVEN CORPORATION, in its Meeting of July 18, 2024 held via Video/Teleconference using the Zoom App, there being a quorum, the Board of Directors during said meeting has approved the Stock Dividend Declaration with the following details:

1. Stock dividend declaration of 100% of the outstanding capital stock of the Corporation of 756,418,283 shares or equivalent to 756,418,283 common shares with par value of P1.00 per share;

2. Issuance of 756,418,283 common shares with par value of P1.00 per share from the authorized and unissued capital stock of the Corporation for distribution as stock dividend;

3. Any fractional shares resulting from the stock dividend shall be rounded off to the nearest one (1), following the rules of rounding off;

4. The Record Date for Entitlement to Stock Dividend shall be on August 02, 2024 and the payment date shall be on August 15, 2024.

5. The Stock Dividend Declaration shall be submitted for approval by the stockholders representing at least 2/3 of the outstanding capital stock of the Corporation in its Annual Stockholders’ Meeting this July 18, 2024 at 2:00 P.M.

Type of Securities

Stock Dividend
Date of Approval by Board of Directors Jul 18, 2024
Date of Approval by Stockholders TBA
Other Relevant Regulatory Agency, if applicable -
Date of Approval by Relevant Regulatory Agency, if applicable N/A
Date of Approval by Securities and Exchange Commission N/A
Stock Dividend Rate

100% of the outstanding capital stock of the Corporation of 756,418,283

Source of Dividend Payment

2023 Retained Earnings

Source of Shares for Distribution
To be taken from the unissued capital stock
Number of Shares to be Issued : 756,418,283
To be taken from an increase in authorized capital stock
From: -

To:-

Number of Shares to be Issued : -
Others:
-
Number of Shares to be Issued : -
Record Date Aug 2, 2024
Payment Date Aug 15, 2024
Other Relevant Information

-

Filed on behalf by:
Name Evelyn Enriquez
Designation Corporate Secretary and Compliance Officer