C05738-2021 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
---|---|---|
Common | 15,736,471,238 | |
Treasury | 505,919,938 |
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Subject of the Disclosure |
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Change in Foreign Ownership Restriction |
Background/Description of the Disclosure |
Emperador Inc. (“EMP”), as a holding company having a primary purpose that includes the acquisition, holding, selling, exchanging, dealing and investing in real properties of all kinds, must and will comply with the 40% foreign ownership threshold for holding land, in compliance with Section 7, Article XII of the 1987 Constitution, and Sections 22 and 23 of the Public Land Act (Commonwealth Act No. 141, as amended). |
Other Relevant Information |
None. |
Name | Anna Michelle Llovido |
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Designation | Corporate Secretary |