C04088-2018
Ex-Date : Jul 10, 2018

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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)
Jun 13, 2018
2. SEC Identification Number
152661
3. BIR Tax Identification No.
000444840
4. Exact name of issuer as specified in its charter
City & Land Developers, Incorporated
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3/F Cityland Condominium 10 Tower I, 156 H.V. Dela Costa Street, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(02) 8936060
9. Former name or former address, if changed since last report
Not Applicable
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
Unclassified common shares 1,298,672,140
11. Indicate the item numbers reported herein
Item no. 9 - Other Events

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.

City & Land Developers, IncorporatedLAND

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 5% Stock Dividends

Background/Description of the Disclosure

In a special meeting held today, May 09, 2018, the Board of Directors of City & Land Developers, Incorporated (the Company) approved the declaration of Five Percent (5%) Stock Dividends to stockholders of record as of July 13, 2018 to be distributed on August 08, 2018.

The stock dividends will be taken from the unissued capital stock and shall be declared from the unappropriated retained earnings of the Company as of December 31, 2017. Fractional shares will be paid in cash out of the retained earnings based on the par value.

The ratification of the above matter was taken up during the Annual Stockholders' Meeting held last June 13, 2018. The record date of the said meeting is on May 14, 2018.

Type of Securities

Stock Dividend
Date of Approval by Board of Directors May 9, 2018
Date of Approval by Stockholders Jun 13, 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

5%

Source of Dividend Payment

The stock dividends will be taken from the unissued capital stock and shall be declared from the unappropriated retained earnings as of December 31, 2017.

Source of Shares for Distribution
To be taken from the unissued capital stock
Number of Shares to be Issued : 64,933,607
To be taken from an increase in authorized capital stock
From: Not Applicable

To:Not Applicable

Number of Shares to be Issued : 0
Others:
Not Applicable
Number of Shares to be Issued : 0
Record Date Jul 13, 2018
Payment Date Aug 8, 2018
Other Relevant Information

The amendment was made to include the Date of Approval by Stockholders which is June 13, 2018.

Filed on behalf by:
Name Therese Raimunda Anoos
Designation Senior Manager