Here is the complete procedure on how to exercise your LRW:
Important Note: Make sure you have cancelled all selling orders before exercising.
Step 1: Submission of Exercise Requirements
You will need to go through the upliftment process. Download, print and fill-out the following forms. Handwritten/ wet signature is required.
- Securities Instruction Form
- Specimen Signature Card
- Four sets of Exercise Notice and Purchase Form
- Letter Request
- Two Valid Government-issued IDs
Once completed, send all scanned requirements to helpdesk@colfinancial.com with the subject "LRW Exercise Requirements".
Important Note: Last day to send the scanned requirements is Tuesday, September 14 at 12NN.
Step 2: Confirmation of Submitted Requirements
We shall check the submitted documents. Once verified, you may send the original documents to the office via courier with the following details on the package:
Attention: Marianne Fuentes
Operations Department, COL Financial
2401 East Tower, PSE Center, Exchange Road, Ortigas Center Pasig City
The COL's duty guard shall receive the mail and turn it over to our team once the staff reports to the office.
Step 3: Payment
We will endorse the documents to STSI (transfer office) for checking and processing. Once the documents submitted are reviewed by STSI and find it complete, STSI will notify COL the final exercise price. COL will debit the upliftment and exercise fees from your COL Account cash balance.
- Upliftment fee of Php 762 (non-refundable)
- Exercise Price (to follow)
We shall inform you about the final exercise price once we get the final details from the transfer office.
Important Note: Should you want to exercise the warrant, you must be willing to wait for the final exercise price.
Step 4: Processing and Settlement
Once the conversion and processing of the warrants have been completed, the shares will be transferred to COL for crediting to your COL account.