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)
Jan 13, 2021
2. SEC Identification Number
ASO-94-007160
3. BIR Tax Identification No.
126-004-450-721
4. Exact name of issuer as specified in its charter
ARTHALAND CORPORATION
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
5th Avenue corner 30th Street, Bonifacio Global City, Taguig City Postal Code1634
8. Issuer's telephone number, including area code
(+632) 8403-6910
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
Common
5,318,095,199
Preferred - Series A
12,500,000
Preferred - Series B
20,000,000
Preferred - Series C
10,000,000
11. Indicate the item numbers reported herein
Item 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.
Arthaland CorporationALCO
PSE Disclosure Form 4-21 - Redemption of Security References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Redemption of Series B Preferred Shares (ALCPB)
Background/Description of the Disclosure
Following the provisions of the Prospectus and Offer Supplement of the Company both dated as of 21 November 2016 in relation to its issuance in 2016 of its Series B Preferred Shares, with trading symbol ALCPB, the Company shall redeem on 06 December 2021 all of the outstanding 20,000,000 Series B Preferred Shares at the redemption price herein indicated which shall be paid to holders of these shares as of 16 November 2021, i.e. the record date for the dividend declaration of said shares, as disclosed on 20 October 2021.
Date of Approval by Board of Directors
Sep 6, 2021
Record Date, if applicable
Nov 16, 2021
Redemption Price
equal to the Offer Price, plus accrued and unpaid cash dividends due as of 06 December 2021
Redemption Period
-
Redemption Date
Dec 6, 2021
Effects on the capital structure
Issued Shares
Type of Security/Stock Symbol
Before
After
Common/ALCO
5,318,095,199
5,318,095,199
Preferred Series A (not traded)
12,500,000
12,500,000
Preferred Series B/ALCPB
20,000,000
20,000,000
Preferred Series C/ALCPC
10,000,000
10,000,000
Outstanding Shares
Type of Security/Stock Symbol
Before
After
Common/ALCO
5,318,095,199
5,318,095,199
Preferred Series A (not traded)
12,500,000
12,500,000
Preferred Series B/ALCPB
20,000,000
0
Preferred Series C/ALCPC
10,000,000
10,000,000
Treasury Shares
Type of Security/Stock Symbol
Before
After
Common/ALCO
0
0
Preferred Series A (not traded)
0
0
Preferred Series B/ALCPB
0
20,000,000
Preferred Series C/ALCPC
0
0
Listed Shares
Type of Security/Stock Symbol
Before
After
Common/ALCO
5,318,095,199
5,318,095,199
Preferred Series A (not traded)
0
0
Preferred Series B/ALCPB
20,000,000
0
Preferred Series C/ALCPC
10,000,000
10,000,000
Effect(s) on foreign ownership level, if any
None, if at all, very minimal.
Other Relevant Information
All Preferred Shares Series B (ALCPB) have been redeemed.