General Announcement::Integration of PNB Savings Bank to Philippine National Bank

Issuer & Securities

Issuer/ Manager
PHILIPPINE NATIONAL BANK
Securities
PHILIPPINBKUS$300M4.25%N230427 - XS1810088226 - 8TBB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
11-Oct-2018 17:14:50
Status
New
Announcement Sub Title
Integration of PNB Savings Bank to Philippine National Bank
Announcement Reference
SG181011OTHREPP5
Submitted By (Co./ Ind. Name)
Maila Katrina Y. Ilarde
Designation
Corporate Secretary
Description (Please provide a detailed description of the event in the box below)
We wish to advise that during a special joint meeting held on October 10, 2018, the Board of Directors and stockholders of PNB Savings Bank, a wholly owned subsidiary of Philippine National Bank ("PNB"), approved the sale and conveyance of all of its assets and liabilities to PNB in exchange for cash.