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)
Jun 8, 2021
2. SEC Identification Number
152661
3. BIR Tax Identification No.
000444840
4. Exact name of issuer as specified in its charter
City & Land Developers, Incorporated
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3/F Cityland Condominium 10 Tower I, 156 H.V. Dela Costa St., Makati CityPostal Code1226
8. Issuer's telephone number, including area code
02-88936060
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
Unclassified Common Shares
1,431,785,284
11. Indicate the item numbers reported herein
Item no. 4 & 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.
City & Land Developers, IncorporatedLAND
PSE Disclosure Form 4-24 - Results of Annual or Special Stockholders' Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Results of Annual Stockholders' Meeting
Background/Description of the Disclosure
Results of Annual Stockholders' Meeting held on June 08, 2021 at 4:00PM.
List of elected directors for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
1) Andrew I. Liuson
7,695,178
10,410,801
Shares held by corporations of which such person is a controlling shareholder.
2) Stephen C. Roxas
12,223,321
3,333,770
Shares held by corporations of which such person is a controlling shareholder.
3) Grace C. Liuson
6,737,109
0
N.A.
4) Helen C. Roxas
143,166
0
N.A.
5) Josef C. Gohoc
3,004,274
484,378
Shares held by member of a person's immediate family sharing the same household.
6) Peter S. Dee
2,110,852
0
N.A.
7) Cesar EA Virata
98,540
0
N.A.
8) Benjamin I. Liuson
1,124,050
0
N.A.
9) Emma A. Choa
150,712
294,519
Shares held by members of a person's immediate family sharing the same household.
External auditor
SyCip Gorres Velayo & Co. (SGV & Co.)
List of other material resolutions, transactions and corporate actions approved by the stockholders
The stockholders owning at least 2/3 of the outstanding shares approved and ratified the following:
1) Declaration of 5% Stock Dividends from the unappropriated retained earnings as of December 31, 2020 which will come from an increase in authorized capital stock. Record date of the stock dividends shall be fixed by the Securities and Exchange Commission after clearance and approval. No fractional shares will be issued;
2) To increase its authorized capital stock from 1,435,000,000 shares to 1,715,000,000 shares with par value of Php 1.00 per share; and
3) To cause the amendment of the Articles of Incorporation to increase the authorized capital stock to 1,715,000,000 shares with par value of Php 1.00 per share.