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.
AREIT, Inc.AREIT
PSE Disclosure Form REIT-2 - Reinvestment Plan Progress Report
Reference: Section 6 of the Amended PSE Listing Rules for REITS
- Annual Report
- Quarterly Report
| Subject of the Disclosure |
|---|
2021 Third Quarter Sponsor Progress Report on Disbursement of Proceeds from the Initial Public Offering (“IPO”) of AREIT, Inc. (“AREIT”) and the sale of Teleperformance Cebu pursuant to the Sponsor Reinvestment Plan of Ayala Land,Inc. |
| Background/Description of the Disclosure |
Progress Report on the Application of Proceeds for the Third Quarter of 2021, duly certified by our external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan submitted in connection with the IPO of AREIT |
| Update or Status of the Reinvestment Plan |
Please be advised that as of September 30, 2021, the remaining balance of the proceeds from the AREIT IPO and Sale of Teleperformance Cebu amounts to Eight Hundred Nine Million Seven Hundred Thousand Pesos Only (Php809,700,000.00). |
| Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Please see attached file |
| Description of Real Estate Assets and/or Infrastructure Projects for the Period |
Please see attached file |
| Other Relevant Information |
- |
| Name | Michael Blase Aquilizan |
|---|---|
| Designation | Associate Manager |