LC Stock Rights Offering

Nov 07, 2017

Lepanto Consolidated Mining Company (LC) declared a 1:4.685 Stock Rights Offering to its stockholders of record as of November 06, 2017.
 
Offering terms are as follows:
 
Ratio:  One (1) Right Share for every 4.685 Common shares held
Price:  Php0.15/share
Offering Period:  December 04 to 08, 2017
FMSBC Deadline: December 04, 5:00pm
Tentative Listing Date: December 18, 2017

 
Terms: You may opt to pay in FULL or Fifty percent (50%) of the total subscription shall be paid not later than December 04, 2017. The balance of the subscription price shall be paid not later than January 02, 2018, without need of a call or further notice or demand. (For administrative facility, you may issue a post dated check for this balance.)
 
If you intend to avail or not (or if you wish to avail of additional shares), please log on to your FMSBC online account. Under MAIN page, please go to SUBSCRIPTION tab and look for LC SRO and click on VIEW to see your entitlement.