C04964-2021

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 21, 2021
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
02-8812-1380 / 7751-9137
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) 374,996,258
Common Class B (BCB) 247,926,121
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

Changes in number of issued and outstanding Common Class “A” and “B” shares of Benguet Corporation (the “Company”) due to exercised stock options for period July 9 to 15, 2021.

Background/Description of the Disclosure

On March 17, 2017, the Company granted stock options to its directors, officers, staff employees and consultants under its amended stock option plan. The listing of the shares for the said option grant was approved in-principle by the PSE in its Notice of Approval dated March 4, 2021. In the current implementation of said grant, there were 22 optionees who have notified the Company, exercised from July 9 to 15, 2021 and fully paid their options totaling 425,700 Class "A" shares at option price of Php1.38/share and 283,800 Class "B" shares at option price of Php1.43/share. The Company is still completing the documentary requirements for listing of said option shares with the PSE.

Change(s) in Number of Issued and Outstanding Shares

Issued Shares
Type of Security /Stock Symbol Before After
Common Class A (BC) 374,881,352 375,307,052
Common Class B (BCB) 247,679,596 247,963,396
Convertible Preferred Class A (BCP) 217,061 217,061
Outstanding Shares
Type of Security /Stock Symbol Before After
Common Class A (BC) 374,570,558 374,996,258
Common Class B (BCB) 247,642,321 247,926,121
Convertible Preferred Class A (BCP) 217,061 217,061
Other Changes, if any
In percent Before After
Public float 45 45
Foreign Ownership level 14 14
Filed on behalf by:
Name Reynaldo Mendoza
Designation SVP-Legal Services/ Asst. Corporate Secretary