General Announcement::2023 BPI Executive Stock Purchase Plan

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-Apr-2023 15:51:54
Status
New
Announcement Sub Title
2023 BPI Executive Stock Purchase Plan
Announcement Reference
SG230427OTHRAPRU
Submitted By (Co./ Ind. Name)
Maria Ramona O. Ang
Designation
Investor Relations Officer
Description (Please provide a detailed description of the event in the box below)
Please be informed that Bank of the Philippine Islands (BPI), pursuant to the provision of Article Seventh of its Articles of Incorporation allocating one and one-half percent (1 1/2%) of its total Authorized Common Stock for an Executive Stock Option Plan (ESOP) and another one and one-half percent (1 1/2%) of said Authorized Common Stock for Executive Stock Purchase Plan (ESPP), has approved the 2023 BPI Executive Stock Purchase Plan (the BPI ESPP or Program ) for qualified participants. The Program will use the remaining 14,735,430 shares from the 32,857,580 shares in the listing application after the utilization of 18,122,150 shares from the 2021 and 2022 ESPP. Our grant date of the Program is on April 26, 2023. If not fully taken up, the Program will continue to be offered annually until the shares have been fully taken up

Attached is BPI s submission of Form 17-C on material information/transactions to the Philippine Securities and Exchange Commission (SEC).

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=af03ff9b018d6db49e4dc6f6c9b65995
2. Philippine Dealing and Exchange Corporation (PDEx)

Attachments

SEC Form 17C - 2023 BPI Executive Stock Purchase Plan.pdf
Total size =651K