Philippine National Bank (PSE: PNB) continues to support PNB Holdings Corporation (“PHC”) as PHC advances its preparations for its proposed listing by way of introduction on the Philippine Stock Exchange (“PSE”).
PHC continues to move forward with its listing plan and make its shares available to the investing public. PHC views the proposed listing as an important step toward broadening its investor base, enhancing market access, and creating long-term value for its shareholders.
PHC is currently undertaking the necessary documentation and preparatory steps required for listing. These efforts form part of the standard process to ensure readiness for a smooth, orderly, and successful market entry, with ongoing coordination with the PSE and other relevant regulators.
PNB remains confident in the strategic merits of PHC’s proposed listing. The final timing of the listing will be guided by PHC’s assessment of multiple relevant factors, with the objective of achieving an optimal outcome for its shareholders.
PNB will provide further updates as appropriate.
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