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 30, 2024

2. SEC Identification Number

CS201300728

3. BIR Tax Identification No.

008447745

4. Exact name of issuer as specified in its charter

FIRST METRO PHIL. EQUITY EXCHANGE TRADED FUND, INC

5. Province, country or other jurisdiction of incorporation

MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

18F PSBANK BLDG. 777 PASEO DE ROXAS AVE., CORNER SEDENO STREET, MAKATI CITY Postal Code 1226

8. Issuer's telephone number, including area code

028912860

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
FMETF	13,051,260

11. Indicate the item numbers reported herein

NONE

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.

First Metro Philippine Equity Exchange Traded Fund, Inc.FMETF

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of news article

Source	Insider PH
Subject of News Report	Wealth manager ATRAM shakes up industry with Unionbank, Metrobank deals in the works
Date of Publication	Oct 30, 2024

Clarification of News Report
We have been advised that on 30 October 2024, the Board of Directors of First Metro Investment Corporation (“FMIC”), the investment banking arm of Metrobank, has approved the sale of all of its shares in First Metro Asset Management, Inc. (“FAMI”), consisting of a total of 1,050,000 common shares representing 70% of the issued and outstanding capital stock of FAMI, to a consortium consisting of the ATRAM Group, led by its parent company, ATRAM Investment Management Partners Corp., and MET Holdings, Inc. (“MET”) (the “Transaction”) as part of FMIC’s strategic business decision to focus on the investment banking business. A Share Purchase Agreement will be executed between FMIC and MET. The completion of the Transaction, however, is contingent upon the fulfillment of the conditions specified in the Agreement. ATRAM is one of the leading independent asset management firms in the country, ranking 4th among active investors in the trust industry, with AUM of over PHP 385 billion as of 30 September 2024. FAMI is the principal distributor and fund manager of First Metro Philippine Equity Exchange Traded Fund, Inc. since its establishment in 2013. The quality of service provided by FAMI will remain unchanged as it continues to perform its duties and responsibilities as fund manager.
Other Relevant Information
Please see attached disclosure.