9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
4,885,748,685
11. Indicate the item numbers reported herein
[4-30] Material Information/Transactions
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Island Information & Technology, Inc.IS
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
ISLAND INFORMATION & TECHNOLOGY, INC. (IITI) invested 5,009,999 common voting shares representing 50.1% ownership of authorized capital stock of One Million Pesos (P1,000,000) divided into One Hundred Million (100,000,000) common voting shares with par value of One Centavo (P0.01) per share of a new corporation, Island Data Centers Inc. (IDCI),
Background/Description of the Disclosure
Securities and Exchange Commission issued Certificate of Incorporation with Company Reg No. 2025050201943-16 for Island Data Centers Inc. last May 20, 2025. The purpose for which such corporation is incorporated:
To engage in the development of data center parks in the Philippines, including property development, project management and IT consulting by engaging in strategic partnerships to structure land, licensing, permitting, power, cooling and construction for the development of data center parks, including the importation and distribution of IT equipment and software and by providing facility management services to these data center parks developments for operators to purchase or lease powered shells
IDCI ownership structure is 83.367% Filipino and 16.633 % South Korean.
Under the Investment Agreement made last 29th of September 2025 between IITI represented by its Chairman Fergus S. Lao and The Island Data Center Team (DC Team) represented by Lorenzo Vito M. Sarmiento III, Michael John T. Koa and Minsoo Kim, the DC Team are granted a call option right to subscribe to new shares of IITI at par value that will be equal to thirty-four percent (34%) of the resulting capital stock in IITI upon reaching certain milestones and shall be valid for three (3) years from date of Agreement. Additionally, the Agreement listed the rights of the DC Team such as appointment as directors and restriction of IITI to join similar projects/undertakings nor shall it be allowed to divest from IDC without consent of the DC Team.
Other Relevant Information
Attached are the SEC Registration, Articles of Incorporation and Investment Agreement. Please note that actual payment of subscribed shares will be affected only after adequate disclosure to PSE.