Robinsons Retail Holdings, Inc. (RRHI), one of the country’s major multi-format retail enterprises, said it remains committed to being a retailer of choice as it prepares for exit from the Philippine Stock Exchange (PSE), a move aimed to further strengthen its operations and achieve sustainable growth.
“While we embark on a new chapter, our commitment to being the retailer of choice in the Philippines is unchanged. As we look ahead, we remain focused on strengthening our operations, pursuing long-term priorities, and driving sustainable growth,” said Stanley C. Co, President and CEO of the Gokongwei-owned RRHI.
Likewise, RRHI Chairman Robina Gokongwei-Pe expressed gratitude to shareholders for their confidence in the company’s time as a publicly-listed company. “Your unwavering support has been instrumental in shaping our growth and success, and it has been our privilege to have shared this journey with you,” said Gokongwei-Pe.
RRHI is on its way to delisting from the PSE following a notice from JE Holdings, Inc. (“JE Holdings”) of the successful results of its tender offer conducted from May 25, 2026 to July 6, 2026. JE Holdings is a Philippine holding company and RRHI’s largest principal shareholder. JE Holdings reported that the total number of RRHI shares tendered by shareholders and accepted by JE Holdings is 229,579,555 common shares (the “Tendered Shares”).
This exceeds the 179,557,573 common shares required to attain the minimum threshold of 95.0% for voluntary delisting. Given the successful results of the Tender Offer and the Philippine Competition Commission’s (“PCC”) confirmation that the transaction is not subject to compulsory notification, the Tendered Shares are expected to be crossed on the facilities of the PSE on July 13, 2026, with settlement on July 15, 2026.
Following completion of the cross, JE Holdings, together with the other proponents of the delisting will collectively own 1,062,359,590 common shares, representing 99.69 percent of the company’s issued and outstanding capital stock.
Consequently, the company’s public float will decrease to 0.31 percent. The next step in the process is to obtain the approval of the PSE for the voluntary delisting of the Company’s common shares.
