C02350-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 620,726,154 | |
Voting Preferred Shares | 200,000,000 | |
Preferred B Series 1 Shares | 20,000,000 | |
Preferred B Series 2 Shares | 27,000,000 |
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Subject of the Disclosure |
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2017 ESOWN Grant |
Background/Description of the Disclosure |
Please be informed that our Board of Directors approved today our Company’s 2017 stock option program pursuant to our Employee Stock Ownership Plan (the “Plan”). The program authorizes the grant to 42 executives, in accordance with the terms of the Plan, stock options covering up to a total of 818,083 common shares at a subscription price of Php837.53 per share, which is the volume-weighted average prices of our common shares at the Philippine Stock Exchange over the last 30-day trading from March 3 to April 17, 2017. |
Other Relevant Information |
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Name | Solomon Hermosura |
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Designation | General Counsel, Compliance Officer & Corporate Secretary |