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
8,946,450,000
11. Indicate the item numbers reported herein
9
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.
Sta. Lucia Land, Inc.SLI
PSE Disclosure Form 4-32 - Reply to Exchange's Query
Subject of the Disclosure
Additional information regarding the sale of treasury shares to Philippine Racing Club, Inc. (“PRC”)
Description of the Disclosure
Additional information regarding the matter including, but not limited to, the following:
1. Reason/purpose of the sale and/or use of proceeds; 2. Total number of treasury shares to be sold, exclusive of the 400 million treasury shares sold to PRC; 3. Estimated timetable for the treasury share sale; 4. Effect(s) on the public float level; and 5. Any other relevant information as you may deem necessary relating to the Corporation’s treasury share sale.
Information Requested
1. Reason/purpose of the sale and/or use of proceeds
To be used as working capital
2. Total number of treasury shares to be sold, exclusive of the 400 million treasury shares sold to PRC
The Registrant has Board approval to sell up to 2,250,000,000 treasury shares (cf. disclosure dated 08 July 2014)
3. Estimated timetable for the treasury share sale;
The Registrant targets to sell the treasury shares within the next 24 months based on negotiated sales
4. Effect(s) on the public float level;
Considering the sale of the treasury shares to PRC, the public float level increased from 12.795% to 16.694%
5. Any other relevant information as you may deem necessary relating to the Corporation’s treasury share sale