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.
AREIT, Inc.AREIT
PSE Disclosure Form POR-1 - Public Ownership Report Reference: Amended Rule on Minimum Public Ownership
Report Type
Computation of Public Ownership
Number of Issued Common Shares |
2,435,936,543 |
Less: Number of Treasury Common Shares, if any |
67,329,970 |
Number of Outstanding Common Shares |
2,368,606,573 |
Less :
A. Directors
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| Bernard Vincent O. Dy |
1 |
0 |
1 |
0 |
|
| Augusto D. Bengzon |
1 |
0 |
1 |
0 |
|
| Anna Ma. Margarita B. Dy |
1 |
0 |
1 |
0 |
|
| Carol T. Mills |
1 |
140,000 |
140,001 |
0.01 |
|
| Enrico S. Cruz |
1 |
2,625,000 |
2,625,001 |
0.11 |
|
| Omar T. Cruz |
1 |
962,900 |
962,901 |
0.04 |
|
| Sherisa P. Nuesa |
0 |
242,900 |
242,900 |
0.01 |
|
| Mariana E. Zobel de Ayala |
1 |
0 |
1 |
0 |
|
|
7 |
3,970,800 |
3,970,807 |
0.17 |
|
B. Officers
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| Anna Ma. Margarita B. Dy (same as above) |
- |
- |
- |
- |
|
| Carol T. Mills (same as above) |
- |
- |
- |
- |
|
| Ma. Teresa R. Famy |
0 |
22,000 |
22,000 |
0 |
|
| Amelia Ann T. Alipao |
0 |
20,000 |
20,000 |
0 |
|
| Rowena P. Libunao |
0 |
0 |
0 |
0 |
|
| Maphilindo S. Tandoc |
0 |
0 |
0 |
0 |
|
| Solomon M. Hermosura |
0 |
0 |
0 |
0 |
|
| Ma. Florence Therese dG. Martirez-Cruz |
0 |
1,700 |
1,700 |
0 |
|
|
0 |
43,700 |
43,700 |
0 |
|
C. Principal/Substantial Stockholders
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| Ayala Land, Inc.* |
1,026,398,049 |
0 |
1,026,398,049 |
43.33 |
|
| AyalaLand Malls, Inc. |
287,186,771 |
0 |
287,186,771 |
12.12 |
|
|
1,313,584,820 |
0 |
1,313,584,820 |
55.45 |
|
D. Affiliates
| Name |
Direct |
Indirect |
Total direct & indirect shares |
% to Total Outstanding Shares |
|
| AyalaLand Offices, Inc. |
96,292,435 |
0 |
96,292,435 |
4.07 |
|
| Glensworth Development, Inc. |
62,146,531 |
0 |
62,146,531 |
2.62 |
|
| Westview Commercial Ventures Corp. |
37,443,313 |
0 |
37,443,313 |
1.58 |
|
| Northbeacon Commercial Corporation |
55,382,567 |
0 |
55,382,567 |
2.34 |
|
| AREIT Fund Managers, Inc. |
0 |
0 |
0 |
0 |
|
| AREIT Property Managers, Inc. |
0 |
0 |
0 |
0 |
|
|
251,264,846 |
0 |
251,264,846 |
10.61 |
|
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 |
1,576,240,780 |
Total Number of Non-Public Shares |
1,568,864,173 |
Total Number of Shares Owned by the Public |
799,742,400 |
| Public Ownership Percentage |
33.76 |
| Other Relevant Information |
*Exclusive of one share assigned to an incumbent director.
This report is being filed in view of our issuance of additional common shares following the Securities and Exchange Commission’s approval of our property-for-share swap with Ayala Land, Inc. (ALI), Ayalaland Malls, Inc. (ALMI), and Northbeacon Commercial Corporation (NBCC) (ALMI and NBCC are referred to herein collectively as “Subsidiaries”) involving identified prime flagship offices and malls with an aggregate value of Php22,479,697,060.00 in exchange for ALI and the Subsidiaries’ subscription to 607,559,380 primary common AREIT shares pursuant to the Deed of Exchange dated 02 June 2023. |
Filed on behalf by:
| Name |
Michelle Marie Valbuena |
| Designation |
Senior Compliance Manager |