SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Feb 15, 20222. SEC Identification Number CS2004114613. BIR Tax Identification No. 232-715-069-0004. Exact name of issuer as specified in its charter Megawide Construction Corporation5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office No 20 N. Domingo Street, Barangay Valencia, Quezon CityPostal Code11128. Issuer's telephone number, including area code (02) 8655-11119. Former name or former address, if changed since last report Not Applicable10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 2,013,409,717
Preferred 97,126,010
11. Indicate the item numbers reported herein Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Megawide Construction CorporationMWIDE PSE Disclosure Form 4-21 - Redemption of Security References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure

Redemption of Megawide Construction Corporation's ("Megawide") Series 1 Preferred Shares

Background/Description of the Disclosure

On 19 October 2021, the Board of Directors of Megawide approved the redemption of its Series 1 Preferred Shares, with stock symbol MWP, on 03 December 2021, which is the 7th anniversary of its listing date on 03 December 2014.

The redemption of the Series 1 Preferred Shares was completed on 15 February 2022.

Date of Approval by Board of Directors Oct 19, 2021
Record Date, if applicable Nov 9, 2021
Redemption Price PhP 100.00 per share
Redemption Period -
Redemption Date Dec 3, 2021

Effects on the capital structure

Issued Shares
Type of Security/Stock Symbol Before After
MWIDE 2,399,426,127 2,399,426,127
MWP 40,000,000 40,000,000
MWP2A 26,220,130 26,220,130
MWP2B 17,405,880 17,405,880
MWP3 (Unlisted) 20,000,000 20,000,000
Outstanding Shares
Type of Security/Stock Symbol Before After
MWIDE 2,013,409,717 2,013,409,717
MWP 40,000,000 0
MWP2A 26,220,130 26,220,130
MWP2B 17,405,880 17,405,880
MWP3 (Unlisted) 20,000,000 20,000,000
Treasury Shares
Type of Security/Stock Symbol Before After
MWIDE 386,016,410 386,016,410
MWP 0 40,000,000
MWP2A 0 0
MWP2B 0 0
MWP3 (Unlisted) 0 0
Listed Shares
Type of Security/Stock Symbol Before After
MWIDE 2,399,420,199 2,399,420,199
MWP 40,000,000 40,000,000
MWP2A 26,220,130 26,220,130
MWP2B 17,405,880 17,405,880
MWP 3 (Unlisted) 0 0
Effect(s) on foreign ownership level, if any The effect of the redemption will decrease the number of foreign shareholders of Megawide's preferred shares.
Other Relevant Information

Upon redemption, the Series 1 Preferred Shares shall be considered retired.

Filed on behalf by:
Name Charlotte King
Designation Legal Counsel

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Megawide Construction Corporation published this content on 16 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2022 03:03:05 UTC.