General Announcement::BSP approval of the BPI and BPI Family Savings Bank merger

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
06-Oct-2021 10:33:07
Status
New
Announcement Sub Title
BSP approval of the BPI and BPI Family Savings Bank merger
Announcement Reference
SG211006OTHR1ILH
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)
The Merger of BPI and BPI Family Savings Bank with BPI as surviving bank was approved by the Monetary Board of BSP on September 30, 2021.

This disclosure also includes updates on:
1. Subject of the Disclosure
2. Background/Description of the Disclosure
3. Other Relevant Regulatory Agency
4. 5. Timetable
6. Conditions precedent to closing of the transaction
7. Changes in the list of Board of Directors of BPI Family based on the results of Board meeting held on August 18, 2021

The ff. regulators have also been duly informed of the same:
1. Philippine Securities and Exchange Commission (SEC)
2. Philippine Stock Exchange (PSE)
https://edge.pse.com.ph/openDiscViewer.do?edge_no=7ee00f1cfdc537b85d542af6f1e997b9
3. Philippine Dealing and Exchange Corporation (PDEx)

Attachments

Annex A - Articles of Merger for SEC.pdf
Plan of Merger.pdf
Total size =5494K