C06808-2024

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)
Oct 25, 2024
2. SEC Identification Number
1093
3. BIR Tax Identification No.
240-000-531-126
4. Exact name of issuer as specified in its charter
Centro Escolar University
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 9 Mendiola St., San Miguel, City of Manila Postal Code 1005
8. Issuer's telephone number, including area code
(02)8735-6861 to 71
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 372,414,400
11. Indicate the item numbers reported herein
No. 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.

Centro Escolar UniversityCEU

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

Declaration of Stock Dividends

Background/Description of the Disclosure

During the recently concluded Special Meeting of the CEU BOD held in the afternoon of 03 October 2024, the BOD approved the issuance of Stock Dividends.

Amount to be declared is 20% stock dividend of the current outstanding or a total of 74,482,880 shares. Market value of Php13.3 per share at close of business hours of 02 October 2024 used as basis. This translates to an equivalent of PHP990,622,304 to be taken from the unrestricted retained earnings of the company as of fiscal year ended 31 May 2024.

The declaration will be submitted to the Stockholders for Approval during the Annual Stockholders Meeting on 25 October 2024.

Since the matter will be subject to the Approval of the Stockholders and the SEC, record date and payment date will be announced later.

Type of Securities

Stock Dividend
Date of Approval by Board of Directors Oct 3, 2024
Date of Approval by Stockholders Oct 25, 2024
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 TBA
Stock Dividend Rate

20% stock dividend

Source of Dividend Payment

Unrestricted retained earnings as of fiscal year 31 May 2024.

Source of Shares for Distribution
To be taken from the unissued capital stock
Number of Shares to be Issued : 74,482,880
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 TBA
Payment Date TBA
Other Relevant Information

See attached 17A

Report updated 25 October 2024 in order to update date of approval by the Stockholders.

Please see related disclosure (Results of Annual Stockholders Meeting).

Filed on behalf by:
Name Jayson Ramos
Designation University Legal Counsel