First Gen Bares Tender To Offer

First Gen Corporation (Corporation) today reported that it received from Philippines Clean Energy Holding Inc. (PCEHI) a Tender Offer (TO) Report on SEC Form 19-1.

Photo Insert: San Lorenzo Combined-Cycle Natural Gas-Fired Power Plant

According to the report, PCEHI is making the TO to acquire by way of secondary sale from existing shareholders a minimum of 107,897,265 issued and outstanding common shares representing approximately 3.0%, and up to 205,000,000 issued and outstanding common shares representing a maximum of approximately 5.70%.

Of the total issued and outstanding common shares of the Corporation, at a price of PHP33.00 per common share the TO will start at 9 am on September 1, 2021, and end at 12 pm on September 29, 2021.

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