C04944-2021 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
---|---|---|
Common Stock P 0.25 Par Value | 2,254,117,253 |
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.
Subject of the Disclosure |
---|
Conversion of Debt to Equity |
Background/Description of the Disclosure |
Convertible Notes holder have exercised their right to convert principal and accrued interest to equity of the Company at a conversion price of Php 0.70 per share. The amount of principal of Php354,000,000.00 and accrued interest Php24,688,107.56 for a total of Php378,688,107.56 which is equivalent to 540,983,008 shares. |
Other Relevant Information |
- |
Name | Raul Ma. Anonas |
---|---|
Designation | Executive Vice President and COO, Chief Information Officer (CIO) and SEC Compliance Officer |