Petron Corporation Series 4D and 4E Preferred Shares (PRF4D,PRF4E) Follow-On Public Offering Details
The Exchange approved the application of Petron Corporation (“PCOR” or the “Company”) for the follow-on offering of up to 17,000,000 Series 4 Preferred Shares.
Series 4D Preferred Shares – Stock Symbol: PRF4D
Series 4E Preferred Shares – Stock Symbol: PRF4E
Details of the offering are as follows:
Offer Period | September 05, 2024 – September 13, 2024 |
Offer Price | Php 1,000.00 |
Internal Offer Period | September 05, 2024 – September 9, 2024, 12:00nn |
Tentative Listing Date | September 23, 2024 |
Subscription | Minimum of 50 offer shares and in multiples of 10 firm shares |
Dividend Rates:
Series 4D – PRF4D | 6.8364% |
Series 4E – PRF4E | 7.1032% |
To read the relevant Listing Notices, head to PSE EDGE through these links:
Dividend Setting – https://bit.ly/bpisec-prf4-divset
Offer Supplement Disclosure – https://bit.ly/bpisec-prf4-ofsd
Preliminary Terms & Conditions – https://bit.ly/bpisec-prf4-ptc
Offer Supplement – https://bit.ly/bpisec-prf4-os
To subscribe via BPI Trade, kindly follow the steps below:
1. Login to your BPI Trade Online account.
2. Go to eReserve: PRF4D and PRF4E FOO tab.
3. Click Next
4. Fill-out Subscription Form including the number of shares to avail.
5. Tick “I confirm with the above details of subscription.”
6. Click Next.
7. After clicking “Next”, you will be redirected to a screen confirming that you have successfully subscribed.
8. Click Submit.
You can also subscribe via PSE Easy:
1. Upon logging in, current active security offerings are displayed.
2. To subscribe to the desired active offering, click “SUBSCRIBE NOW!”
3. Fill out the required information in the “Application to Purchase” form.
4. Click “OKAY” to confirm your subscription.
NOTE: Details of the FOO and subscription link are accessible through the site until 12:00NN of September 9, 2024. The Final Offer Terms Sheet dated September 04, 2024 is available for downloading on PSE Edge website.