C06233-2021

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)
Sep 13, 2021
2. SEC Identification Number
-
3. BIR Tax Identification No.
-
4. Exact name of issuer as specified in its charter
Del Monte Pacific Limited
5. Province, country or other jurisdiction of incorporation
British Virgin Islands
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Craigmuir Chambers, PO Box 71 Road Town, Tortola, British Virgin Islands Postal Code -
8. Issuer's telephone number, including area code
+6563246822
9. Former name or former address, if changed since last report
-
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
Ordinary Shares 1,943,960,024
Series A-1 Preference Shares 20,000,000
Series A-2 Preference Shares 10,000,000
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.

Del Monte Pacific LimitedDELM

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 11 September 2021 Business Times Singapore Article

Source Business Times Singapore
Subject of News Report DMPI Chief Financial Officer's comment on Del Monte Foods Inc.
Date of Publication Sep 11, 2021
Clarification of News Report

The Company makes reference to the Business Times Singapore article on 11 September 2021 which stated, in part, as follows:

In a call to discuss the company's latest financial results, Parag Sachdeva, Chief Financial Officer of Del Monte's subsidiary Del Monte Philippines Inc (DMPI), said the company is considering an initial public offering (IPO) of its 93.6 per cent owned US subsidiary Del Monte Foods Inc (DMFI) as one option to improve its capital structure and business performance.

The IPO could take anywhere from 18 to 24 months to materialise, but things could be subject to change depending on factors such as external market conditions, he warned.

This plan comes shortly after the group announced its decision to delay plans for the IPO of its 87 per cent-owned Philippine subsidiary DMPI on the Philippine Stock Exchange due to the recent surge in Covid-19 cases. Mr Sachdeva said Del Monte and its bankers are "continuously watching and reviewing the market" and will be looking at getting the IPO done in the "short to mid term".

The Board of Directors wishes to clarify that the Management of Del Monte Foods, Inc. (“DMFI”) is considering and evaluating refinancing alternatives to repay the outstanding high yield bonds issued by DMFI in 2020. These alternatives include, among others, a DMFI IPO or a refinancing loan. Nothing has yet been decided. The Company will make the appropriate announcement oncea decision has been made.

Other Relevant Information

Please see attached.

Filed on behalf by:
Name Antonio Eugenio Ungson
Designation Chief Legal Counsel and Chief Compliance Officer