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 19, 20222. SEC Identification Number 123973. BIR Tax Identification No. 0001070260004. Exact name of issuer as specified in its charter PHINMA Corporation5. Province, country or other jurisdiction of incorporation Makati City, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Level 12 PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati CityPostal Code12108. Issuer's telephone number, including area code (632)8-87001009. Former name or former address, if changed since last report Not applicable10. 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 shares
271,893,365
11. Indicate the item numbers reported herein Sale of treasury shares
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.
Phinma CorporationPHN
PSE Disclosure Form 9-2 - Sale of Treasury Shares References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Issuance and Sale of Treasury Shares
Background/Description of the Disclosure
On May 31, 2022, the Executive Committee, with the authority delegated by the Board of Directors of PHINMA Corporation, approved the issuance and sale of 14,450,179 treasury shares thru the facilities of the Philippine Stock Exchange at a minimum selling price of Php 19.50 per share. Furthermore, the shareholders approved the one-time denial of pre-emptive rights during the Special Shareholders Meeting held last July 14, 2022. Notwithstanding the said denial of pre-emptive rights, stockholders will have the opportunity to acquire the said Treasury Shares through the Exchange.
The company started selling its Treasury Shares on July 19, 2022.
Type of Securities
Common
PreferredN/A
OthersN/A
Details of Sale of Treasury Shares
Date of Transaction
Number of Shares Sold
Price Per Share
Jul 19, 2022
98,900
19.50
Effects on Number of Shares
Before
After
Outstanding Shares
271,893,365
279,992,265
Treasury Shares
14,450,179
14,351,279
Cumulative Number of Shares Sold to Date 1
98,900
Number of Shares Authorized for Sale
14,450,179
Other Relevant Information
The proceeds from the sale will be used for investments and for general corporate purposes. The treasury shares represents 5% shareholding interests.
1 From the date when the sale of treasury shares program commenced.
Filed on behalf by:
Name
Rolando Soliven
Designation
Vice President - Group Corporate Assurance and Compliance Officer
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Disclaimer
PHINMA Corporation published this content on 20 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2022 23:53:03 UTC.
PHINMA Corporation is a Philippines-based holding company. The Company's principal activity is holding investments in shares in various subsidiaries, associates and investees and other financial instruments. Its segments include Investment holdings, Property development, Construction materials, Educational services and Hospitality. The Property development segment is engaged in the real estate development and leasing out the Company's real and personal properties. The Construction materials segment is engaged in operations of cement trading; manufacturing and trading of iron and steel products, and providing solar rooftop system to customers. The Education services segment offers graduate, tertiary, secondary and elementary education services. Hospitality segment provides management services and is engaged in investment holding activities for the hotels. Its subsidiaries include PHINMA Solar Energy Corporation, and Cagayan de Oro College, Inc.
PHINMA CORPORATION 
