Participating in the tender offer will entail the following fees and charges:
- Stock transaction tax of 0.6% of the gross Shareholder Transaction Value.
- Securities Clearing Corporation of the Philippines (SCCP) fee of 0.01% of the gross Shareholder Transaction Value.
- PSE transaction fee of 0.005% of the gross Shareholder Transaction Value.
- SEC Fee of 0.005% of the gross Shareholder Transaction Value.
- Securities Investor Protection Fund fee of 0.001% of the gross Shareholder Transaction Value.
After deducting the mentioned fees and charges, except for the Broker’s commission, from the tendering shareholder’s sales proceeds, the estimated net Tender Offer sales proceeds is ₱5.1677 per share.
If you choose to instruct your broker to make your physical securities scripless or transfer scripless shares to other brokers, you will incur additional charges.