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) Feb 4, 20222. SEC Identification Number 524123. BIR Tax Identification No. 000-156-011-0004. Exact name of issuer as specified in its charter Belle Corporation5. Province, country or other jurisdiction of incorporation Metro Manila6. Industry Classification Code(SEC Use Only) 7. Address of principal office Two ECom Center, Palm Coast Avenue, MOA Complex, Pasay CityPostal Code13008. Issuer's telephone number, including area code (632) 866288889. Former name or former address, if changed since last report not applicable10. 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
9,763,127,297
11. Indicate the item numbers reported herein Item 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.
Belle CorporationBEL
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Belle Share Buyback Transaction
Background/Description of the Disclosure
Further to the Share Buy-Back Program of BELLE CORPORATION (the "Corporation"), which authorizes the Corporation to buy from the market the Corporation's shares up to an aggregate value of Three Billion Pesos (Php3,000,000,000.00), please be informed that the Corporation has repurchased from the market today a total of Sixty-Six Million Six Hundred Sixty-Three Thousand (66,663,000) Belle Common Shares at Php1.33/share, or a total cost amounting to Eighty-Eight Million Six Hundred Sixty-One Thousand Seven Hundred Ninety Pesos (Php88,661,790.00).
Type of Securities
Common
Preferrednot applicable
Othersnot applicable
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Feb 4, 2022
66,663,000
1.33
66,663,000
Effects on Number of Shares
Before
After
Outstanding Shares
9,763,127,297
9,696,464,297
Treasury Shares
797,872,560
864,535,560
Cumulative Number of Shares Purchased to Date 1
864,536,560
Total Amount Appropriated for the Buy-Back Program
Php3,000,000,000.00
Total Amount of Shares Repurchased
Php2,565,362,010.05
Other Relevant Information
Not applicable.
1 From the date when the share buy-back program commenced.
Filed on behalf by:
Name
Michelle Angeli Hernandez
Designation
Chief Risk Officer and Vice President for Governance
Attachments
Original Link
Original Document
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Disclaimer
Belle Corporation published this content on 07 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 February 2022 23:37:08 UTC.
Belle Corporation is a Philippines-based company that is engaged in the businesses of real estate development, property management and gaming and gaming-related activities. The Company is a developer of tourism and leisure destinations in the Philippines. Its business includes integrated resorts, leisure property development and gaming investments. Its principal asset is the City of Dreams Manila, a resort, in PAGCOR Entertainment City by Manila Bay, which is being leased on a long-term basis to Melco Resorts and Entertainment (Philippines) Corporation (Melco). The Company's leisure property development includes golf and country clubs, highlands homes, midlands homes and green lands homes. Its property development projects include Tagaytay Highlands International Golf Club, The Country Club at Tagaytay Highlands, Tagaytay Midlands Golf Club, The Spa and Lodge at Tagaytay Highlands, Fairfield, Pinecrest Village, Sycamore Heights, Nob Hill, The Villas, and Plantation Hills, among others.