C07055-2024

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)
Nov 5, 2024
2. SEC Identification Number
11341
3. BIR Tax Identification No.
000-051-037
4. Exact name of issuer as specified in its charter
BENGUET CORPORATION
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7th Floor, Universal Re Building, 106 Paseo de Roxas, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(632) 88121380
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
Convertible Preferred Class A (BCP) 217,061
Common Class A (BC) 428,120,008
Common Class B (BCB) 285,064,121
11. Indicate the item numbers reported herein
Item 9

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.

Benguet CorporationBC

PSE Disclosure Form 4-11 - Change in Number of Issued and Outstanding Shares References: Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Change in number of issued and outstanding Common Class “A” and “B” shares of Benguet Corporation (the “Company”) due to issuance of shares to Red Earth Mineral Resources Corporation pursuant to the terms and conditions of the First Private Placement Agreement dated November 5, 2024.

Background/Description of the Disclosure

On November 5, 2024, the Company and Red Earth Mineral Resources Corporation (“Red Earth”) signed the First Private Placement Agreement for the subscription of 90,000,000 shares from the unissued shares of the Company broken down as follows: 53,000,000 Class “A” common shares and 37,000,000 Class “B” common shares. The shares will be listed with the Exchange upon completion of all documentary requirements. Attached is copy of the Company's disclosure under SEC Form 17-C.

Change(s) in Number of Issued and Outstanding Shares

Issued Shares
Type of Security /Stock Symbol Before After
Common Class A (BC) 375,430,802 428,430,802
Common Class B (BCB) 248,101,396 285,101,396
Outstanding Shares
Type of Security /Stock Symbol Before After
Common Class A (BC) 375,120,008 428,120,008
Common Class B (BCB) 248,064,121 285,064,121
Other Changes, if any
In percent Before After
Public float 45.9 40.1
Foreign Ownership level 13 11.3
Filed on behalf by:
Name HERMOGENE REAL
Designation Corporate Secretary