1. Out of the 13,271,000 treasury shares, 8,751,000 shares are lodged under PCD Nominee-Filipino. 2. The remaining 4,520,000 treasury shares are certificated treasury shares, and are included in the total 88,412,988 certificated shares. 3. The 4,520,000 certificated treasury shares are included in the total issued shares of 907,857,870. 4. The 4,520,000 certificated treasury shares are excluded from the total outstanding shares of 894,586,870 because treasury shares are not outstanding shares. 5. Hence, total issued and listed shares of TUGS consist of: - 894,586,870 outstanding shares - 8,751,000 treasury shares lodged under PCD Nominee-Filipino; and - 4,520,000 certificated treasury shares |