The PSE makes no representation on the accuracy, validity, correctness and completeness of the information stated in the respective PORs of listed companies. The PSE shall use the information contained in the POR submitted by the company in computing a company's weight in the index and this may be updated or adjusted consistent with the policy of the Exchange in managing the PSEi and sector indices.
GMA Network, Inc.GMA7
PSE Disclosure Form POR-1 - Public Ownership Report Reference: Amended Rule on Minimum Public Ownership
Report Type
Computation of Public Ownership
Number of Issued and Outstanding
Common Shares |
- |
Less: Number of Treasury
Common Shares, if any |
- |
Number of Outstanding
Common Shares |
- |
Less :
A. Directors
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| - |
- |
- |
- |
- |
|
|
0 |
0 |
0 |
0 |
|
B. Officers
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| - |
- |
- |
- |
- |
|
|
0 |
0 |
0 |
0 |
|
C. Principal/Substantial Stockholders
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| - |
- |
- |
- |
- |
|
|
0 |
0 |
0 |
0 |
|
D. Affiliates
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| - |
- |
- |
- |
- |
|
|
0 |
0 |
0 |
0 |
|
E. Government
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| - |
- |
- |
- |
- |
|
|
0 |
0 |
0 |
0 |
|
F. Banks
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| - |
- |
- |
- |
- |
|
|
0 |
0 |
0 |
0 |
|
G. Employees
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| - |
- |
- |
- |
- |
|
|
0 |
0 |
0 |
0 |
|
H. Lock-Up Shares
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| - |
- |
- |
- |
- |
|
|
0 |
0 |
0 |
0 |
|
I. Others
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| - |
- |
- |
- |
- |
|
|
0 |
0 |
0 |
0 |
|
Number of Listed
Common Shares |
- |
Total Number of
Non-Public Shares |
- |
Total Number of Shares Owned
by the Public |
- |
| Public Ownership Percentage |
- |
| Other Relevant Information |
Please refer to the attached Public Ownership Report of the Company.
The Company's capital structure consists of Preferred Shares (unlisted) and Common Shares (listed with the PSE with the ticker symbol GMA7). The Preferred Shares are convertible to Common Shares at the rate of 5 PS to 1 CS. When computing for the conversion, there are instances wherein the resulting shares are fractional. The Company adopted a policy wherein the company will buy the fractional shares.
Foreign ownership is not allowed for both Common and Preferred Shares.
During its Initial Public Offering in 2007, the company offered Common Shares (GMA7) and Philippine Deposit Receipts or PDRs (ticker symbol GMAP) issued by GMA Holdings, Inc. The PDRs may be owned by any person regardless of citizenship or nationality. Each PDR has an underlying Common Share. The PDRs are convertible into Common Shares and vice versa. However, the exercise of the PDRs is subject to the foregoing nationality restriction. As of December 31, 2021, based on the data provided by the Company's stock transfer agent, a total of 469,595,051 PDRs have already been converted into Common Shares.
In its POR, the company breaks down in full, the Preferred Shares, Common Shares and Philippine Deposit Receipts considered to be non-public. It cannot take the Common Shares in isolation with the PDRs thus it considers both when computing for the public float which as of December 31, 2021 stands at 21.12%.
Given the convertibility of the Preferred Shares, the Company likewise shows the effect on the public float should all of the Preferred Shares be converted into Common. |
Filed on behalf by:
| Name |
Ayahl Ari Augusto Chio |
| Designation |
First Vice President |