Remarks | C04747-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Stock | 6,630,000,000 |
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.
Subject of the Disclosure |
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Change in Number of Issued and Outstanding shares |
Background/Description of the Disclosure |
The Company is reporting the changes to the number of issued shares, number of outstanding shares, percentage of public float, and foreign ownership level of the Company in view of the approval by the Securities and Exchange Commission of the increase in authorized capital stock of the Company from Four Billion Pesos (Php 4,000,000,000) to Twelve Billion Pesos (Php 12,000,000,000). On May 29, 2023, the SEC approved the Company’s increase in authorized capital stock, upon which 5,180,000,000 shares of the Company were issued. The 5,180,000,000 new (unlisted) shares has been registered with the stock and transfer agent as of May 29, 2023 following the payment of the corresponding documentary stamp tax. We also report that 486,055,662 partially paid (unlisted) shares are included in the 6,630,000,000 shares reported as issued and outstanding. |
Change(s) in Number of Issued and Outstanding Shares
Type of Security /Stock Symbol | Before | After | |
---|---|---|---|
VUL | 963,944,338 | 6,630,000,000 |
Type of Security /Stock Symbol | Before | After | |
---|---|---|---|
VUL | 1,450,000,000 | 6,630,000,000 |
In percent | Before | After |
---|---|---|
Public float | 52.38 | 14.47 |
Foreign Ownership level | 1.15 | 0.25 |
Name | Edgardo Caringal |
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Designation | Senior Vice President - Operations, Chief Compliance Officer |