Phoenix Petroleum Philippines Inc. (PNX) attributed to the public their ownership of 189,276,161 common shares, or 13.46 percent of 1,406,204,232 outstanding common shares. Its 11-person board held direct ownership of 9,151,472 PNX common shares or 0.651 percent, according to the company’s public ownership report (POR) as of Dec. 31, 2019. Of the 11 directors, businessman Dennis A. Uy directly owned and his wife, Cherilyn C. Uy, 5,304,811 PNX common shares or 0.38 percent, and 1,098,099 PNX common shares or 0.078 percent, respectively.

In its POR, Phoenix listed three principal stockholders as direct holders of 1,071,216,610 common shares or 76.178 percent. Among them are Phoenix Petroleum Holdings Inc., 588,945,630 common shares or 41.882 percent; and ES Consultancy Group Inc., 340,270,980 common shares or 24.198 percent.