SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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 City Postal Code 1226

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. 9 - Other Events

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 6-2 - Declaration of Stock Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Declaration of 5% Stock Dividends
Background/Description of the Disclosure
In a special meeting of the Board of Directors on April 26, 2021, and subsequently at the Annual Stockholders' Meeting on June 08, 2021, the stockholders approved and ratified the following matters: 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.

Type of Securities

• Common
• PreferredN.A.
• OthersN.A.

Stock Dividend

Date of Approval by Board of Directors	Apr 26, 2021
Date of Approval by Stockholders	Jun 8, 2021
Other Relevant Regulatory Agency, if applicable	N.A.
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Securities and Exchange Commission	TBA
Stock Dividend Rate	5%

Source of Dividend Payment
The source of the dividend payment is from the unappropriated retained earnings as of December 31, 2020 which will come from an increase in authorized capital stock.

Source of Shares for Distribution	To be taken from the unissued capital stock Number of Shares to be Issued : 0 To be taken from an increase in authorized capital stock From: 1435000000 To:1715000000 Number of Shares to be Issued : 71,589,265 Others: N.A. Number of Shares to be Issued : 0
Record Date	TBA
Payment Date	TBA

Other Relevant Information

The amendment was made to disclose that during the Annual Stockholders' Meeting held today, June 08, 2021 at 4:00PM, the stockholders approved and ratified the 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.