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)
Oct 18, 2019
2. SEC Identification Number
152747
3. BIR Tax Identification No.
000-153-790-000
4. Exact name of issuer as specified in its charter
Ayala Land, Inc.
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
31F Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City, PhilippinesPostal Code1226
8. Issuer's telephone number, including area code
+632 7908 3111
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
14,745,334,847
Preferred Shares
13,066,494,759
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.
Ayala Land, Inc.ALI
PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Clarification of News Article: "Alveo eyes at least P38-billion revenue from biggest development in Laguna”
Source
BusinessMirror (Online Edition)
Subject of News Report
"Alveo eyes at least P38-billion revenue from biggest development in Laguna”
Date of Publication
Oct 18, 2019
Clarification of News Report
We confirm that ALVEO Land, Inc. (ALVEO), a subsidiary of Ayala Land, Inc., launched Broadfield, a 120-hectare mixed-use development located in Binan, Laguna. The development’s 80-hectare commercial area will be ALVEO’s largest commercial space offering to-date, surpassing the 20 hectares of commercial lots offered at Evo City. The first phase of Broadfield’s commercial area spans 36.6 hectares, and its first phase is estimated to raise P17.7 billion in total sales. ALVEO sold approximately P2.8 billion worth for the first tranche of its commercial lots on the day of launch.
Please note that ALVEO is the upscale brand of Ayala Land, Inc. Moreover, the estimated sales value to be generated for the entire commercial area is still to be determined, subject to the launch of the second phase.