FGENF - Trading Suspension and Redemption
Jul 20, 2018
In accordance with the terms and conditions of the company’s Series F preferred shares, the company will redeem all outstanding Series F preferred shares on July 25, 2018 by paying in cash and same day funds the applicable Redemption Value of PHP 100.00 per share to all holders of the shares as of such date. The redeemed shares will be treated as treasury shares until and unless the shares are retired or reissued. To date the Company has no plans to reissue the said shares.
In view of the full redemption by the Company of FGENF shares, please be advised that the Exchange will implement a trading suspension of FGENF shares which will commence at 9:00AM on July 20, 2018, three (3) trading days prior to the redemption date of July 25, 2018.