General Announcement::2021 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
14-Dec-2022 09:47:24
Status
New
Announcement Sub Title
2021 BPI Executive Stock Purchase Plan
Announcement Reference
SG221214OTHRY9GL
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 2021 BPI Executive Stock Purchase Plan (the BPI ESPP or Program ) for qualified participants consisting of about 32,857,580 shares, broken down into 17,295,000 shares for 2021 ESPP and 15,562,580 shares for 2022 ESPP. Our grant date of the Program is on December 13, 2022. 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=5e95f9fd44c87af23470cea4b051ca8f
2. Philippine Dealing and Exchange Corporation (PDEx)
Attachments
SEC Form 17-C - 2021 BPI Executive Stock Purchase Plan.pdf
Total size =637K
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