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) Apr 4, 20222. SEC Identification Number 1680633. BIR Tax Identification No. 000-065-142-0004. Exact name of issuer as specified in its charter PRYCE CORPORATION5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 17th flr., Pryce Center, 1179 Chino Roces ave. cor. Bagtikan St. Makati CityPostal Code12038. Issuer's telephone number, including area code (+632) 899 44019. Former name or former address, if changed since last report -10. 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 2,010,347,969
Treasury 14,152,031
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.

Pryce CorporationPPC PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure

Share Buy-Back Transaction

Background/Description of the Disclosure

Pursuant to PPC's buy-back program approved by its Board on November 16, 2018, PPC purchased from the open market on September 30, 2019, a total of 830,631 common shares amounting to Php 4,402,344.30.

Type of Securities

  • Common
  • Preferred-
  • Others-
Details of Share Buy-Back Transaction(s)
Date of Transaction Number of Shares Purchased Price Per Share
Sep 30, 2019 41,400 5.30
Sep 30, 2019 789,231 5.30
830,631
Effects on Number of Shares
Before After
Outstanding Shares 2,011,178,600 2,010,347,969
Treasury Shares 13,321,400 14,152,031
Cumulative Number of Shares Purchased to Date 1 14,152,031
Total Amount Appropriated for the Buy-Back Program Php 500,000,000.00
Total Amount of Shares Repurchased Php 78,395,043.30
Other Relevant Information

This amendment is made to reflect an adjustment on the buyback transaction of September 30, 2019 and provide a breakdown of the same. The total number of shares bought back is broken down as now appearing above and where the total bought back shares should have been 830,631 shares instead of 830,531 shares. Consequent changes on the other affected figures have been made as appearing above: Outstanding shares; Treasury shares; Cumulative Shares Purchased; and Total Amount of Shares Repurchased.

To be specific, there was a typo error on the transaction volume pertaining to 41,300 shares which is now corrected to 41,400 shares. The buyback prices on both buybacks above are correct and remain unchanged.

The typo error was discovered during our recent inventory review of bought-back PPC shares. The discrepancy is relatively very minimal, amounting to only 100 shares.

1 From the date when the share buy-back program commenced.

Filed on behalf by:
Name Elvira Clemente
Designation Accounting Supervisor

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Pryce Corporation published this content on 04 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2022 06:13:07 UTC.