C04617-2023
Ex-Date : Jul 10, 2023

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, 2023
2. SEC Identification Number
152661
3. BIR Tax Identification No.
000444840
4. Exact name of issuer as specified in its charter
City & Land Developers, Incorporated
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3/F Cityland Condominium 10 Tower I, 156 H.V. Dela Costa St., Makati City Postal Code 1226
8. Issuer's telephone number, including area code
02-88936060
9. Former name or former address, if changed since last report
N.A.
10. 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
Unclassified Common Shares 1,503,374,202
11. Indicate the item numbers reported herein
Item no. 9 - Other Events

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.

City & Land Developers, IncorporatedLAND

PSE Disclosure Form 6-2 - Declaration of Stock Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Approval of the stockholders regarding the declaration of Stock Dividends

Background/Description of the Disclosure

In a special meeting of the Board of Directors on April 28, 2023, the Board approved the declaration of Five percent (5%) stock dividends to stockholders of record as of July 13, 2023 to be distributed on August 08, 2023. The declaration of stock dividends was presented to the stockholders during the Annual Stockholders' Meeting on June 13, 2023. The stockholders representing at least two-thirds (2/3) of the total outstanding capital stock approved the declaration of stock dividends.

The stock dividends will be taken from the unissued capital stock and shall be declared from the unappropriated retained earnings as of December 31, 2022. There will be no fractional shares issued therein.

Type of Securities

Stock Dividend
Date of Approval by Board of Directors Apr 28, 2023
Date of Approval by Stockholders Jun 13, 2023
Other Relevant Regulatory Agency, if applicable N.A.
Date of Approval by Relevant Regulatory Agency, if applicable N/A
Date of Approval by Securities and Exchange Commission N/A
Stock Dividend Rate

5%

Source of Dividend Payment

The stock dividends will be taken from the unissued capital stock and shall be declared from the unappropriated retained
earnings as of December 31, 2022.

Source of Shares for Distribution
To be taken from the unissued capital stock
Number of Shares to be Issued : 75,168,710
To be taken from an increase in authorized capital stock
From: 0

To:0

Number of Shares to be Issued : 0
Others:
0
Number of Shares to be Issued : 0
Record Date Jul 13, 2023
Payment Date Aug 8, 2023
Other Relevant Information

The amendment was made to reflect the date of approval of the stockholders on the declaration of stock dividends.

Filed on behalf by:
Name Therese Raimunda Anoos
Designation Assistant Vice President