C05284-2016 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 9,904,806,924 |
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Subject of the Disclosure |
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Cash Dividends Declared by STI Education Services Group, Inc. |
Background/Description of the Disclosure |
Please be advised that in a meeting of the Board of Directors of STI Education Services Group, Inc. (“STI ESG”) held today, 9 September 2016, the Board declared cash dividends in the amount of Php0.08 per share or an aggregate amount of Two Hundred Forty Six Million Five Hundred Forty Nine Thousand Seven Hundred Forty Eight and 72/100 Pesos (Php246,549,748.72) (the “Cash Dividends”) from the unrestricted retained earnings of STI ESG as of 31 March 2016 based on the Audited Financial Statements as of 31 March 2016. The Cash Dividends are payable to stockholders of record as of 9 September 2016 and shall be payable on or before 15 September 2016. |
Other Relevant Information |
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Name | Arsenio Cabrera, Jr. |
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Designation | Corporate Secretary |