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)
Jun 19, 2025
2. SEC Identification Number
184228
3. BIR Tax Identification No.
000-275-291-000
4. Exact name of issuer as specified in its charter
MRC ALLIED, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
4th Floor Spirit of Communications Centre 106 Carlos Palanca St. Legaspi Village Makati CityPostal Code1229
8. Issuer's telephone number, including area code
632 88467910/09178082991/09087380854
9. Former name or former address, if changed since last report
5th Floor Eurovilla 4 Bldg. 853 A Arnaiz Avenue, Legazpi Village, Makati City
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 Stock
851,265,897
11. Indicate the item numbers reported herein
-
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.
MRC Allied, Inc.MRC
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
MRC update on Private Placement.
Background/Description of the Disclosure
We write in connection with the grant of Confirmation of Exemption under Section 10.1(k) of the Securities Regulation Code (SRC), for the issuance by way of Private Placement for the issuance of One Billion Four Hundred Twenty-Eight Million Five Hundred Seventy-One Thousand Four Hundred Twenty-Eight (1,428,571,428) Common Shares of MRC Allied, Inc. as part of its plan to raise One Billion Peso (PHP1,000,000,000.00) for the company.
Please be advised that we have received a definitive offer from a corporate buyer for the Subscription of 333,333,333 Common Shares through the aforementioned Private Placement at the price of Three Hundred Thirty-Three Million, Three Hundred Thirty-Three Thousand Three Hundred Thirty-Three Pesos (PHP333,333,333.00)
The Company accepted the aforementioned offer subject to verification of the qualification of the corporate buyer and the board approval within a period of thirty (30) days from today.
Subscription Agreement will be executed within a period of ten (10) days from the aforementioned board approval.
Further updates will be made as to the conclusion of this transaction and the pending discussions with other investors on the Private Placement.