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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 |
|---|
4Q 2024 Sponsor Progress Report on Disbursement of Proceeds from the sale of 75 million AREIT Shares pursuant to the Sponsor Reinvestment Plan of Ayala Land, Inc |
| Background/Description of the Disclosure |
4Q 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 75 million AREIT Shares. |
| Update or Status of the Reinvestment Plan |
As of December 31,2024, the remaining balance of the net proceeds from the sale of 75 million AREIT Shares is Two Billion One Hundred Five Million Twenty-Three Thousand Seven Hundred Forty-Five and 11/100 (Php 2,105,023,745.11). |
| Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Project Name: Arbor Lanes |
| Description of Real Estate Assets and/or Infrastructure Projects for the Period |
Arbor Lanes - Vertical residential project in Taguig City |
| Other Relevant Information |
- |
| Name | Michael Blase Aquilizan |
|---|---|
| Designation | Department Manager |