| C08836-2025 |
| Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
|---|---|---|
| Common Shares | 6,116,762,198 |
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| Subject of the Disclosure |
|---|
Purchase of 74.8% stake in Alabang Commercial Corporation (ACC) |
| Background/Description of the Disclosure |
Rockwell Land Corporation (ROCK) executed today share purchase agreements with Mr. Francisco M. Bayot, Jr. and other shareholders of Alabang Commercial Corporation (ACC) for the purchase of shares representing 74.8% of the outstanding capital stock of ACC for a total consideration of P21.6 Billion. |
| Other Relevant Information |
With the acquisition, ROCK will have the opportunity to expand its footprint in a prime location with long term redevelopment opportunities. The existing assets of Acc will add 137,000 sqm of gross leasable area to ROCK’s existing retail and office portfolio, representing a 58% growth. |
| Name | Ellen Almodiel |
|---|---|
| Designation | Senior Vice President and Chief Finance Officer and Chief Compliance Officer |