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Ayala Land, Inc.ALI
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 sale of 44 million AREIT, Inc.(“AREIT”) shares pursuant to the Sponsor Reinvestment Plan of Ayala Land, Inc. |
| Background/Description of the Disclosure |
Progress Report on the Application of Proceeds for 3Q 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 sale of 44 million AREIT shares. |
| Update or Status of the Reinvestment Plan |
Please be advised that as of September 30, 2021, the remaining balance of the proceeds from the sale of 44 million AREIT Shares, amounts to One Billion Three Hundred Ninety-Eight Million One Hundred Eighty-Six Thousand Two Hundred Forty Pesos (Phpl,398,186,240.00). |
| Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
None |
| Description of Real Estate Assets and/or Infrastructure Projects for the Period |
N/A |
| Other Relevant Information |
- |
| Name | Michael Blase Aquilizan |
|---|---|
| Designation | Manager |