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
COMMON SHARES
269,283,709
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.
Makati Finance CorporationMFIN
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
DECLARATION OF STOCK DIVIDENDS TO COMMON STOCKHOLDERS 2023
Background/Description of the Disclosure
Stock Dividends amounting to 0.9944770554% of the outstanding capital stock equivalent to a maximum of 2,677,964.70 shares of stock, to be issued out of the un-issued capital stock to stockholders of record as of 24 August 2023 with a payment date not later than 20 September 2023. Fractional shares of 43.70 shall be paid in cash. The actual stock dividends to be issued may be less than the above indicated shares of stock due to the resulting fractional shares, as of 24 August 2023.
Type of Securities
Common
Preferred-
Others-
Stock Dividend
Date of Approval by Board of Directors
Jul 27, 2023
Date of Approval by Stockholders
Jul 27, 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
0.9944770554%
Source of Dividend Payment
The stock dividends shall be paid out of the audited net profits of the Corporation as of December 31, 2022 shall be issued out of the un-issued capital stock.
Source of Shares for Distribution
To be taken from the unissued capital stock
Number of Shares to be Issued :
2,677,921
To be taken from an increase in authorized capital stock