C01782-2025 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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COMMON SHARES | 161,800,000 |
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Subject of the Disclosure |
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Approval on the additional subscription of AMB. ALC Holdings and Managment for 3,065,000 shares from the unsubscribed authorized capital stock of Citystate Savings Bank Inc. |
Background/Description of the Disclosure |
In compliance with the disclosure requirement of the Philippine Stock Exchange (PSE) and Securities and Exchange Commission (SEC), please be advised that by virtue of the resolution of the Board of Directors of Citystate Savings Bank, Inc. (CSBank) dated 26 February 2025, a Subscription Agreement was entered into by and between CSBank and AMB. ALC Holdings and Management on 19 March 2025 for the 3,065,000 CSBank Shares (with par value of P16.97) amounting to FIFTY-TWO MILLION THIRTEEN THOUSAND FIFTY PESOS. (Php 52,013,050.00). |
Other Relevant Information |
Please see attached SEC Form 17-C |
Name | Jose De Leon |
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Designation | Vice President - Head of Legal Services and Regulatory Affairs Department, Data Privacy Officer and Assistant Corporate Secretary |