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)
Mar 16, 2018
2. SEC Identification Number
CS200711792
3. BIR Tax Identification No.
006-806-867-000
4. Exact name of issuer as specified in its charter
GT Capital Holdings, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
43rd Floor GT Tower International, 6813 Ayala Avenue corner H.V. Dela Costa Street, Makati CityPostal Code1227
8. Issuer's telephone number, including area code
(632) 836-4500
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
192,596,685
Perpetual Preferred Shares (GTPPA)
4,839,240
Perpetual Preferred Shares (GTPPB)
7,160,760
11. Indicate the item numbers reported herein
Item 9. Declaration of Stock Dividends
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.
GT Capital Holdings, Inc.GTCAP
PSE Disclosure Form 6-2 - Declaration of Stock Dividends References: SRC Rule 17 (SEC Form 17-C) and Sections 6 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Declaration of Stock Dividends for Common Shares
Background/Description of the Disclosure
The Board of Directors of GT Capital Holdings, Inc. ("GT Capital") approved the declaration of 3.50% stock dividends to its common stockholders equivalent to 6,740,884 shares.
During the Annual Stockholders Meeting held on May 09, 2018, the stockholders by a 2/3 vote approved the same declaration of 3.50% stock dividends.
The record date and payment shall be disclosed after approval of relevant regulatory agencies has been obtained by the Corporation.
Type of Securities
Common
Preferred-
Others-
Stock Dividend
Date of Approval by Board of Directors
Mar 16, 2018
Date of Approval by Stockholders
May 9, 2018
Other Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Securities and Exchange Commission
N/A
Stock Dividend Rate
3.50%
Source of Dividend Payment
To be paid out of unrestricted retained earnings as of March 31, 2018.
Source of Shares for Distribution
To be taken from the unissued capital stock
Number of Shares to be Issued :
6,740,884
To be taken from an increase in authorized capital stock