Voluntary Tender Offer for Energy Development Corporation (EDC)
On 3 August 2017, Philippines Renewable Energy Holdings Corporation (the Bidder) filed a Tender Offer Report with EDC, the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE).
The Tender Offer began at 9:00am on 10 August 2017 and ended at 12:00pm on 18 September 2017.
Following the close of the Tender Offer period, a total of 8,899,999,813 Common Shares, representing approximately 31.7% of the EDC’s outstanding voting shares, were purchased by the Bidder on 29 September 2017. The shares were purchased at the Tender Offer Price of P7.25 per share.
For further information about the outcome, please refer to the Final Tender Offer Report below.
- Amended Tender Offer Document (PDF, 1.68 MB)
- Voluntary Tender Offer Shareholder Questions and Answers (new) (PDF, 104 kb)
- Voluntary Tender Offer Presentation (PDF, 237 kb)