Premiere Horizon Alliance : Change in Number of Issued and/or Outstanding Shares
June 20, 2022 at 12:34 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) Jun 13, 20222. SEC Identification Number 1475843. BIR Tax Identification No. 002-372-727-0004. Exact name of issuer as specified in its charter Premiere Horizon Alliance Corporation5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Unit 1705, East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig CityPostal Code16058. Issuer's telephone number, including area code (02) 8632 - 77159. 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 STOCK P 0.25 PAR VALUE
5,096,541,496
11. Indicate the item numbers reported herein Item No. 9 Other Item
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.
Premiere Horizon Alliance CorporationPHA
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
Change in Number of Issued and Outstanding Shares
Background/Description of the Disclosure
On July 20, 2021, the Board of Directors of the Company approved the issuance of 540,983,008 new shares (the "Convertible Loan Shares") in favor of Convertible Notes Holders that exercised their rights to convert their outstanding receivables, comprised of principal and accrued interest, to new shares of the Company at a price of Php0.70 per share. The total amount converted is Php378,688,107.56, comprised of Php354,000,000.00 in principal and Php24,688,107.56 in accrued interest.
On March 22, 2022, the Securities and Exchange Commission approved the issuance of the 540,983,008,common shares arising from the conversion of debt that was approved by the Board of Directors on July 20, 2021. The stock certificates for the 540,983,008 shares were issued by the Stock Transfer Agent and recorded in the transfer books on March 31, 2022
Change(s) in Number of Issued and Outstanding Shares
Issued Shares
Type of Security /Stock Symbol
Before
After
PHA
5,167,376,496
5,708,359,504
Outstanding Shares
Type of Security /Stock Symbol
Before
After
PHA
5,167,376,496
5,708,359,504
Other Changes, if any
In percent
Before
After
Public float
42.54
46.72
Foreign Ownership level
5.12
4.71
Filed on behalf by:
Name
Paolo Antonio Martinez
Designation
Asst. Vice President, Group Financial Controller, Deputy Chief Information Officer, Data Protection Officer
Attachments
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Original Document
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Disclaimer
Premiere Horizon Alliance Corporation published this content on 20 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2022 04:33:01 UTC.
Premiere Horizon Alliance Corporation is a Philippines-based holding company for Premiere Horizon Alliance Corporation. The Company is engaged in business activities relating to entertainment, gaming, hotel and leisure. The Companyâs subsidiaries include Goshen Land Capital Inc., Premiere Georesources & Development Inc. (PGDI) and West Palawan Premiere Development Corporation (WPP). Goshen Land Capital Inc. is a homegrown real estate developer based in Baguio City, Philippines. It develops communities of low to mid-rise residential and commercial condominiums and offers lots and houses with budget-fit, flexible payment terms. PGDI is engaged in the business of construction works and earthworks for mining, real estate development, environmental protection and remediation, dam, dikes, flood control and reclamation, including quarrying, hauling, earthmoving, and heavy equipment rentals. WPP is a developer of a beach and mountain estate in the heart of Puerto Princesa City, Palawan.