C07305-2022 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 6,875,000,000 |
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Subject of the Disclosure |
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Results of the Meeting of the Board of Directors |
Background/Description of the Disclosure |
Please be informed that at the meeting of the Board of Directors of CTS Global Equity Group, Inc. (“Company”) held today, 30 September 2022, the Board approved the revision in the estimated timing of the disbursement of the proceeds realized from the Initial Public Offering (“Offer”) of 1,375,000,000 common shares at an offer price of Php1.00 per share conducted on 13 April 2022. The total proceeds from the Offer amounted to Php1,375,000,000.00. |
Other Relevant Information |
None |
Name | Juan Carlos Aquino |
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Designation | Associated Person |