September 12, 2023 is the date when the 691,200,000 common shares from the increase in capital was issued and recorded in the books of the Corporation in view of the approval by the Securities and Exchange Commission of the Corporation's application for increase in authorized capital stock.
Mr. Alfredo Abelardo B. Benitez, as the controlling stockholder of Leisure Advantage Inc. ("LAI"), is deemed to have an indirect beneficial interest in 349,440,000 PLUS shares (which is also reflected as part of his indirect shareholdings) out of the total 364,000,000 shares owned by LAI.
Mr. Eusebio H. Tanco, as the controlling stockholder of Sagathy Holdings ("Sagathy"), is deemed to have an indirect beneficial interest in 340,000,000 PLUS shares (which is also reflected as part of his indirect shareholdings) owned by Sagathy.
The 1,272,352,512 shares subject of the private placement is currently being applied for listing with the Exchange. The 377,647,488 unlisted shares are still Treasury Shares and have not been reissued.
The 691,200,000 common shares issued from the increase in capital will be applied for listing with the Exchange. |