General Announcement::Mergers and Consolidations

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
21-Jan-2021 09:27:33
Status
New
Announcement Sub Title
Mergers and Consolidations
Announcement Reference
SG210121OTHRVMT5
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 Board of Directors of BPI in its 20 January 2021 meeting, approved the merger of BFSB and BPI, with BPI as the surviving entity, subject to shareholders' and regulatory approvals. BFSB is a wholly owned thrift bank subsidiary of BPI.
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=f1c84bed4dd2e41e5d542af6f1e997b9
2. Philippine Dealing and Exchange Corporation (PDEx)

Attachments

Mergers and consolidations.pdf
Total size =521K