C07099-2016 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 311,380,300 |
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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Acquisition of Three Hundred Fifty One Thousand Seven Hundred Forty (351,740) shares, representing 93.48% of the total outstanding capital stock of Philab Industries Inc. |
Background/Description of the Disclosure |
On 19 December 2016, the Corporation acquired Three Hundred Fifty One Thousand Seven Hundred Forty (351,740) shares, representing 93.48% of the total outstanding capital stock of Philab Industries Inc. at the price of P2,445 per share or the aggregate price of Eight Hundred Sixty Million Pesos (Php860,000,000.00), which price was supported by a fairness opinion. |
Other Relevant Information |
Please see disclosure of ALT, Material Information/Transactions dated 16 December 2016. |
Name | Leopoldo III Aquino |
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Designation | Corporate Information Officer |