CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Jul 18, 2017
2. SEC Identification Number
A200117708
3. BIR Tax Identification No.
219-934-330
4. Exact name of issuer as specified in its charter
Xurpas Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F Cambridge Centre Building 108 Tordesillas St., Salcedo Village, Makati CityPostal Code1227
8. Issuer's telephone number, including area code
(632) 889-6467
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common
1,856,952,746
11. Indicate the item numbers reported herein
Item 9
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.
Xurpas Inc.X
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Share Buy-Back Transaction on July 18, 2017
Background/Description of the Disclosure
On July 18, 2017, Xurpas Inc. (the "Buyer") and Emmanuel Jean Allix ("Seller") executed a Deed of Sale for the reacquisition of 53,298,242 Xurpas shares.
Type of Securities
Common
PreferredN/A
OthersN/A
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Jul 18, 2017
53,298,242
0.50
53,298,242
Effects on Number of Shares
Before
After
Outstanding Shares
1,856,952,746
1,803,654,504
Treasury Shares
10,687,400
63,985,642
Cumulative Number of Shares Purchased to Date 1
53,298,242
Total Amount Appropriated for the Buy-Back Program
26,649,121
Total Amount of Shares Repurchased
26,649,121
Other Relevant Information
The repurchase of shares is pursuant to an agreement with Mr. Emmanuel Michel Jean Allix.
1 From the date when the share buy-back program commenced.