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Ayala Land, Inc.ALI
PSE Disclosure Form REIT-2 - Reinvestment Plan Progress Report
Reference: Section 6 of the Amended PSE Listing Rules for REITS
- Annual Report
- Quarterly Report
| Subject of the Disclosure |
|---|
3Q 2024 Sponsor Progress Report on Disbursement of Proceeds from the sale of 181 million AREIT Shares pursuant to the Sponsor Reinvestment Plan of Ayala Land, Inc |
| Background/Description of the Disclosure |
3Q 2024 Report on the Application of Proceeds, duly certified by our external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan submitted in connection with the sale of 181 million AREIT Shares. |
| Update or Status of the Reinvestment Plan |
As of September 30, 2024, the remaining balance of the net proceeds from the sale of 181 million AREIT Shares amounts to One Billion Twenty-Five Million Three Hundred Forty-One Thousand Four Hundred Forty-Three and 12/100 Pesos (Php 1,025,341,443.12). |
| Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Project Name: Gardencourt Residences |
| Description of Real Estate Assets and/or Infrastructure Projects for the Period |
Gardencourt Residences - Residential development in Taguig City |
| Other Relevant Information |
- |
| Name | Michael Blase Aquilizan |
|---|---|
| Designation | Investors Relations Derpartment Manager |