General Announcement::BIMI to manage PAMI mutual funds

Issuer & Securities

Issuer/ Manager
BANK OF THE PHILIPPINE ISLANDS
Securities
BANKOFPHILIS US$600M4.25%N2309 - XS1841618421 - FNDB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
27-Nov-2019 11:18:46
Status
New
Announcement Sub Title
BIMI to manage PAMI mutual funds
Announcement Reference
SG191127OTHRGZ1X
Submitted By (Co./ Ind. Name)
Tanglaw Lagmay
Designation
Investor Relations Officer
Description (Please provide a detailed description of the event in the box below)
Bank of the Philippine Islands (BPI), through its wholly-owned subsidiary BPI Investment Management, Inc. (BIMI), agreed to assume the management and distribution of the various mutual funds currently under the management of PhilAm Asset Management, Inc. (PAMI). BIMI and PAMI expect to complete the assignment and assumption transaction by December 20, 2019.

Please see attached file for details.

The ff. regulators have also been duly informed of the same:
1. Philippine Stock Exchange (PSE)
https://edge.pse.com.ph/openDiscViewer.do?edge_no=4d8c30417a33dbacefdfc15ec263a54d
2. Philippine Dealing and Exchange Corporation (PDEx)

Attachments

BIMI to manage PAMI mutual funds.pdf
Total size =234K