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 Bidder is intending to acquire, through a public and voluntary tender offer (called the Tender Offer), up to (and only up to) 8,900,000,000 common shares of EDC (the Tender Offer Shares, representing approximately 31.7% of its outstanding voting shares) from shareholders of the Company at the tender offer price of 7.25 Pesos per common share.
The Tender Offer begins at 9:00am on 10 August 2017 and ends at 12:00pm on 18 September 2017.
The Tender Offer Report should be your primary source of information about this Offer.
- Voluntary Tender Offer Report (PDF, 1.68 MB)
- Voluntary Tender Offer Presentation (PDF, 237 kb)
- Voluntary Tender Offer Shareholder Questions and Answers (PDF, 104 kb)