C06672-2016 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 2,000,000,000 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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Board approval of the amendment to the seventh article of the Articles of Incorporation and the authority of the President to execute documents pursuant to and in accordance with placing and subscription transactions. |
Background/Description of the Disclosure |
Current Report on the approval of the Amendment to the seventh article of the Articles of Incorporation to increase the authorized capital stock of the Corporation to Php 2,240,000,000 divided into 2,240,000,000 shares (with par value of Php 1.00 per share) in anticipation of placing and subscription transactions, and the approval of the authority of the President to execute documents pursuant to and in accordance with placing and subscription transactions. |
Other Relevant Information |
The disclosure was amended to indicate that the increased capital stock of Php 2,240,000,000 is divided into 2,240,000,000 shares (with par value of Php 1.00 per share). Please find attached the Current Report (SEC Form 17-C) which we will be submitting to the Securities and Exchange Commission on the matter. |
Name | Erica Encabo |
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Designation | Corporate Information and Compliance |