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Please refer to the attached Public Ownership Report of the Company. The Company's capital structure consists of Preferred Shares (unlisted) and Common Shares (listed with the PSE with the ticker symbol GMA7). The Preferred Shares are convertible to Common Shares at the rate of 5 PS to 1 CS. When computing for the conversion, there are instances wherein the resulting shares are fractional. The Company adopted a policy wherein the company will buy the fractional shares. Foreign ownership is not allowed for both Common and Preferred Shares. During its Initial Public Offering in 2007, the company offered Common Shares (GMA7) and Philippine Deposit Receipts or PDRs (ticker symbol GMAP) issued by GMA Holdings, Inc. The PDRs may be owned by any person regardless of citizenship or nationality. Each PDR has an underlying Common Share. The PDRs are convertible into Common Shares and vice versa. However, the exercise of the PDRs is subject to the foregoing nationality restriction. As of September 30, 2026, based on the data provided by the Company's stock transfer agent, a total of 581,772,741 PDRs have already been converted into Common Shares. In its POR, the company breaks down in full, the Preferred Shares, Common Shares and Philippine Deposit Receipts considered to be non-public. It cannot take the Common Shares in isolation with the PDRs thus it considers both when computing for the public float which as of September 30, 2026 stands at 20.83%. Given the convertibility of the Preferred Shares, the Company likewise shows the effect on the public float should all of the Preferred Shares be converted into Common.
Please refer to the attached Public Ownership Report of the Company.
The Company's capital structure consists of Preferred Shares (unlisted) and Common Shares (listed with the PSE with the ticker symbol GMA7). The Preferred Shares are convertible to Common Shares at the rate of 5 PS to 1 CS. When computing for the conversion, there are instances wherein the resulting shares are fractional. The Company adopted a policy wherein the company will buy the fractional shares.
Foreign ownership is not allowed for both Common and Preferred Shares.
During its Initial Public Offering in 2007, the company offered Common Shares (GMA7) and Philippine Deposit Receipts or PDRs (ticker symbol GMAP) issued by GMA Holdings, Inc. The PDRs may be owned by any person regardless of citizenship or nationality. Each PDR has an underlying Common Share. The PDRs are convertible into Common Shares and vice versa. However, the exercise of the PDRs is subject to the foregoing nationality restriction. As of September 30, 2026, based on the data provided by the Company's stock transfer agent, a total of 581,772,741 PDRs have already been converted into Common Shares.
In its POR, the company breaks down in full, the Preferred Shares, Common Shares and Philippine Deposit Receipts considered to be non-public. It cannot take the Common Shares in isolation with the PDRs thus it considers both when computing for the public float which as of September 30, 2026 stands at 20.83%.
Given the convertibility of the Preferred Shares, the Company likewise shows the effect on the public float should all of the Preferred Shares be converted into Common. |