CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Jul 4, 2019
2. SEC Identification Number
A200117708
3. BIR Tax Identification No.
219-934-330
4. Exact name of issuer as specified in its charter
XURPAS INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F CAMBRIDGE CENTRE BUILDING 108 TORDESILLAS ST. SALCEDO VILLAGE MAKATI CITYPostal Code1227
8. Issuer's telephone number, including area code
(632) 889-6467
9. Former name or former address, if changed since last report
NOT APPLICABLE
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
1,871,830,210
11. Indicate the item numbers reported herein
ITEM 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.
Xurpas Inc.X
PSE Disclosure Form 9-2 - Sale of Treasury Shares References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Issuance of Shares to Certain Employees
Background/Description of the Disclosure
On July 4, 2019, the board of directors of Xurpas Inc. approved the issuance of 475,000 Xurpas Shares to certain Xurpas Employees. Transfer price will be set at current trading price. The shares will be taken from Xurpas Inc.'s treasury shares and executed through the facilities of the Exchange.
Type of Securities
Common
PreferredN/A
OthersN/A
Details of Sale of Treasury Shares
Date of Transaction
Number of Shares Sold
Price Per Share
Jul 4, 2019
475,000
1.16
Effects on Number of Shares
Before
After
Outstanding Shares
1,871,355,210
1,871,830,210
Treasury Shares
63,570,642
63,095,642
Cumulative Number of Shares Sold to Date 1
475,000
Number of Shares Authorized for Sale
475,000
Other Relevant Information
None.
1 From the date when the sale of treasury shares program commenced.