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BDO Unibank, Inc.BDO
PSE Disclosure Form 4-29 - Disbursement of Proceeds and Progress Report References: Memorandum No. 626 - 2007 dated December 20, 2007
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure |
Final Quarterly Progress Report – Use of Proceeds from Stock Rights Offering |
Background/Description of the Disclosure |
Ladies and Gentlemen:
We refer to BDO Unibank, Inc.’s stock rights offering (SRO) of 716,402,886 common shares listed at the Exchange on January 31, 2017, and report the disbursements and application of the SRO proceeds:
1. Breakdown of Proceeds (in millions) Gross Proceeds ...........................................P 59,998.74 Total Offer Expenses...........................................(240.80) Net Proceeds................................................P 59,757.94
2. Application of the SRO proceeds as of June 30, 2017 (in millions)
Net Proceeds................................................P 59,757.94
Application of Proceeds Gross Customer Loans....................................59,757.94
Total..............................................................P 59,757.94
The net proceeds were fully utilized as of June 30 per above. This will therefore serve as our final Progress Report concerning our Stock Rights Offering.
Thank you |
Other Relevant Information |
Please see attachment. |
Filed on behalf by:
Name |
Elmer Serrano |
Designation |
Corporate Information Officer |