Ayala Land : Change in Number of Issued and/or Outstanding Shares
August 08, 2022 at 03:14 am
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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) Aug 5, 20222. SEC Identification Number 1527473. BIR Tax Identification No. 000-153-790-0004. Exact name of issuer as specified in its charter Ayala Land, Inc.5. Province, country or other jurisdiction of incorporation Makati City, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 31F Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati CityPostal Code12268. Issuer's telephone number, including area code +632 7908 31119. Former name or former address, if changed since last report N/A10. 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
14,770,848,395
Preferred Shares
12,442,965,205
11. Indicate the item numbers reported herein Item 9 - Other Matters
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 4-11 - Change in Number of Issued and Outstanding Shares References: Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Result of Conversion of Voting Preferred Shares to Common Shares
Background/Description of the Disclosure
Further to our disclosure on February 24, 2022 and June 29, 2022 on the convertibility of the Voting Preferred Shares (VPS) into common shares which commenced on June 29, 2022, please be informed that a total of 137,394 VPS has been converted into common shares which were sourced from our existing listed Treasury Shares. All of the converted VPS will be retired.
As a result of the conversion, our issued and outstanding common shares and VPS are as follows:
Issued Common Shares - 15,391,268,583
Outstanding Common Shares - 14,770,848,395
The VPS holders may continue to convert their shares into common shares at a conversion ratio of 1 VPS to 1 common share at a price which shall be the higher of (i) the average closing price for the immediately preceding 30 trading days less the par value of the VPS of Php0.10 per share or (ii) the closing price immediately preceding the conversion date less the par value of the VPS of Php0.10 per share. Should the VPS holders wish to convert their shares, they should notify our conversion agent, BPI Stock Transfer Office at the following contact details:
Address: 3F BPI Buendia Center, 372 Sen. Gil Puyat Ave., Makati City 1209
Tel. No.: (632) 8580-4693 to 95
Email: stocktransferoffice@bpi.com.ph
Attention: Ms. Christine Gaile P. Malonzo
Change(s) in Number of Issued and Outstanding Shares
Issued Shares
Type of Security /Stock Symbol
Before
After
Common Shares/ALI
15,391,268,583
15,391,268,583
Voting Preferred Shares
13,066,494,759
13,066,494,759
Outstanding Shares
Type of Security /Stock Symbol
Before
After
Common Shares/ALI
14,770,711,001
14,770,848,395
Voting Preferred Shares
12,443,102,599
12,442,965,205
Other Changes, if any
In percent
Before
After
Public float
52.63
52.6
Foreign Ownership level
16.22
16.18
Filed on behalf by:
Name
Michelle Valbuena
Designation
Compliance Manager
Attachments
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Disclaimer
Ayala Land Inc. published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 07:13:07 UTC.
Ayala Land, Inc. is a Philippines-based property developer. The Company is focused on developing integrated and mixed-use real estates. The Company operates through eight segments: Property Development, International Business, Shopping Centers, Offices, Hotels and Resorts, Construction, Property management, and Others. The Company has developed properties in the Makati CBD, Ayala Alabartg, Cebu Park District, Bonifacio Global City, and others. It has approximately 12,000 land, and 49 developed estates. The Company offers diverse portfolio of complementary businesses primarily in the development of residential, office, commercial, and industrial properties for sale, as well as commercial leasing through shopping centers, offices, hotels, resorts, factory buildings, warehouses, co-living, and co-working spaces. Its brands include Ayalaland Premier, Alveo, Avida, Amaia, and BellaVita. The Company's subsidiaries include Alveo Land Corporation, Serendra, Inc., and others.