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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 |
|---|
2024 Annual Sponsor Progress Report on Disbursement of Proceeds from the sale of 181 million AREIT Shares pursuant tothe Sponsor Reinvestment Plan of Ayala Land, Inc |
| Background/Description of the Disclosure |
2024 Annual 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 December 31, 2024, the remaining balance of the net proceeds from the sale of 181 million AREIT Shares amounts to Four Hundred Eighty-Three Million Nine Hundred Fifty-Three Thousand Nine Hundred Nine and 9/100 Pesos (Php 483,953,909.09). |
| Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Project Name: Tarlac Property |
| Description of Real Estate Assets and/or Infrastructure Projects for the Period |
Tarlac Property - Land acquisition in Tarlac province |
| Other Relevant Information |
- |
| Name | Michael Blase Aquilizan |
|---|---|
| Designation | Department Manager |