Pepsi – Pepsi delists shares | Philstar.comIris Gonzales (The Philippine Star) – December 18, 2020 – 12:00amMANILA, Philippines — Pepsi-Cola Merchandise Philippines Inc. (PCPPI) will delist from the Philippine Stock Trade efficient as we speak. In a round yesterday, the PSE stated it has authorized the petition for voluntary delisting filed by PPCCI. The commerce of PCPPI’s shares is at present beneath suspension as a result of firm’s failure to adjust to the 10 % minimal public possession requirement. PCPPI filed for voluntary delisting in September. On account of the acquisition, PCPPI’s public float degree fell beneath the 10 % minimal public possession rule.

Source: Philippine Star December 18, 2020 07:51 UTC