Security Bank : Notice of Annual or Special Stockholders' Meeting
January 24, 2022 at 11:17 pm
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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) Jan 25, 20222. SEC Identification Number 60303. BIR Tax Identification No. 000-498-020-0004. Exact name of issuer as specified in its charter SECURITY BANK CORPORATION5. Province, country or other jurisdiction of incorporation PHILIPPINES6. Industry Classification Code(SEC Use Only) 7. Address of principal office SECURITY BANK CENTRE 6776 AYALA AVENUE MAKATI CITYPostal Code07198. Issuer's telephone number, including area code +632 886767889. 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 SHARES
753,538,887
PREFERRED SHARES
1,000,000,000
11. Indicate the item numbers reported herein ITEM NO. 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.
Security Bank CorporationSECB
PSE Disclosure Form 7-1 - Notice of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and
Sections 7 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
HOLDING OF ANNUAL STOCKHOLDERS' MEETING FOR YEAR 2022
Background/Description of the Disclosure
APPROVAL BY THE BOARD OF DIRECTORS OF THE HOLDING OF ANNUAL STOCKHOLDERS' MEETING FOR THE YEAR 2022
Type of Meeting
Annual
Special
Date of Approval by Board of Directors
Jan 25, 2022
Date of Stockholders' Meeting
Apr 26, 2022
Time
9:00 AM
Venue
VIA REMOTE COMMUNICATION
Record Date
Mar 24, 2022
Agenda
The agenda for the meeting will be as follows:
1. Call to Order
The Chairman will call the meeting to order. The Corporate Secretary will introduce the Directors and Officers of the Company.
2. Proof of due notice of meeting and determination of a quorum
The Corporate Secretary will certify that the notice of meeting has been duly sent to the stockholders as of record date as required by the By-Laws and will likewise attest to the attendance at the meeting and whether a quorum is present. Except as otherwise provided by law, a quorum shall consist of stockholders owning majority of the outstanding capital stock, exclusive of treasury stock, represented in person or by proxy.
3. Approval of minutes of the annual stockholders' meeting held on 27 April 2021
The Minutes of the previous meeting of the stockholders shall be submitted for approval. The minutes of the annual meeting contain the following matters: approval of the minutes of the previous meeting and annual report for the year 2020, ratification of 2020 acts of the Board of Directors, all the Board and Management Committees and Officers, and the election of directors to serve starting April 2021. Copies of the same will be made available at the annual stockholders' meeting on 26 April 2022 for any stockholder desiring to review the same. The Minutes of Meeting are likewise available in the company's website.
4. Annual Report and ratification of the acts of the Board of Directors, all the Management Committees and Officers
The President and Chief Executive Officer will present the highlights of the 2021 operating performance of the company. All acts, resolutions and proceedings adopted and/or implemented by the Board of Directors, Board and Management Committees, officers and agents of the Bank and significant transactions with its DOSRI and other related parties, as well as the appointment of the Bank's External Auditor, since the last annual stockholders' meeting to the present as reflected in the minutes of the Board of Directors will be ratified and approved by the stockholders. Copies of the Annual Report via SEC Form 17-A, 2021 Audited Financial Statements and Definitive Information Statement shall be made available in the company's website. The floor will be open for questions from the stockholders after the presentation.
5. Election of Directors
The Chairman will present the nominees for election as Regular and Independent members of the Board of Directors to hold office until the next stockholders' meeting and until their respective successors have been elected and qualified. The nominees will be evaluated on the basis of the selection criteria for Board members and possess all qualifications required by laws, rules, regulations and the Bank's Corporate Governance Manual and that no provision or disqualification would apply to them. The profile and qualifications of the nominees will be made available in the Information Statement and Annual Report SEC Form 17-A.
6. Other matters
Matters that are relevant to and appropriate for the annual stockholders' meeting may be taken up.
7. Adjournment
Inclusive Dates of Closing of Stock Transfer Books
Start Date
Mar 25, 2022
End Date
Apr 26, 2022
Other Relevant Information
PLEASE REFER TO ATTACHED DISCLOSURE.
Filed on behalf by:
Name
GRACE AYSON
Designation
Vice President/Assistant Corporate Secretary
Attachments
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Disclaimer
Security Bank Corporation published this content on 25 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 January 2022 04:16:06 UTC.
Security Bank Corporation is a Philippines-based bank. Its segments include Retail Banking, Wholesale Banking, Financial Markets and All Other. The Retail Banking segment addresses the individual, retail and small businesses and covers deposit-taking and servicing, commercial and consumer loans, credit card facilities and bancassurance. The Wholesale Banking segment addresses the corporate, institutional, and public sector markets, small-and-medium enterprise and middle markets, and its services include relationship management, lending and other credit facilities, trade, cash management, deposit-taking and leasing services provided by the Company. The Financial Markets segment focuses on providing money market, foreign exchange, financial derivatives, securities distribution, asset management, trust and fiduciary services, as well as the management of the funding operations for the Company. All Other segment includes branch banking support and other support services.