On January 31, 2020, DigiPlus Interactive Corp (“PLUS” or the “Company”) redeemed its 1,650,000,000 listed redeemable preferred shares at a redemption price of Php1.00 per share. Upon redemption, the shares were recorded as treasury shares and were later on reclassified to common shares (“Treasury Shares”)
On March 7, 2022, the Company‘s Board of Directors approved the reissuance of 1,272,352,512 shares from the Treasury Shares to various subscribers (“PP Shares”), at a subscription price of Php1.65 per share or a total transaction value of Php 2,099,381,645.00
The remaining 377,647,488 Treasury Shares were also applied for listing at its redemption price of Php 1.00 per share.
As of June 21, 2024, the Company has complied with all applicable requirements for the listing of the PP Shares and the Treasury Shares.
The number of the Company’s listed common shares will be accordingly adjusted on listing date.
For your information and guidance. |