C07582-2023

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)
Oct 20, 2023
2. SEC Identification Number
CS200703145
3. BIR Tax Identification No.
006-652-678-000
4. Exact name of issuer as specified in its charter
VISTA LAND & LIFESCAPES, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Lower Ground Floor, Building B, EVIA Lifestyle Center, Vista City, Daanghari, Almanza II, Las Piñas City Postal Code 1747
8. Issuer's telephone number, including area code
(632) 8874-5758 / (632) 8872-6947 / (632) 3226-355
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 stock (net of 416,128,700 treasury shares) 12,698,007,676
VLL Retail Bonds issued in 2017 (as of 09/30/2023) 5,000,000,000
VLL Retail Bonds issued in 2018 (as of 09/30/2023) 10,000,000,000
VLL Retail Bonds issued in 2019 (as of 09/30/2023) 10,000,000,000
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.

Vista Land & Lifescapes, Inc.VLL

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

News Clarification 10/20/2023

Source BusinessWorld (Online Edition)
Subject of News Report SEC clears fundraising of San Miguel, Vista Land
Date of Publication Oct 20, 2023
Clarification of News Report

We reply to the letter of the Philippine Stock Exchange of even date requesting confirmation of the news article entitled “SEC clears fundraising of San Miguel, Vista Land” posted in BusinessWorld (Online Edition) on October 20, 2023, it was reported in part that:

“THE Securities and Exchange Commission (SEC) has approved the planned offerings of Ang-led conglomerate San Miguel Corp. (SMC) and Villar-led property developer Vista Land and Lifescapes, Inc. (VLL).

During an en banc meeting on Oct. 17, the SEC resolved to render effective the registration statements of SMC and VLL to raise as much as P65 billion and P35 billion, respectively.

. . . .

Meanwhile, VLL will initially offer fixed-rate bonds worth P6 billion, with an oversubscription option of up to P4 billion, consisting of Series F bonds due in 2026 and Series G bonds due in 2028. The offering is part of the company’s shelf registration of its debt securities program with a principal amount of P35 billion.

VLL expects to raise more than P9.83 billion if the oversubscription option is fully exercised.

‘It intends to primarily use the net proceeds to refinance maturing obligations and for general corporate purposes,’ the SEC said.

The bonds will be listed and traded at the Philippine Dealing & Exchange Corp.

. . . .”


We confirm that the foregoing article is substantially correct. However, we note that as of date, the SEC has not yet rendered the registration statement for the Php 35 billion bonds offering effective. Details of the bonds offering including the offer size and interest rate will be finalized after pricing and will be disclosed in the Final Prospectus and Final Offer Supplement. Copies of the Prospectus and Offer Supplement are uploaded in the Company website, www.vistaland.com.ph.

We wish to assure the Exchange that we are fully aware of our disclosure and reportorial obligations and that we shall be making additional disclosures on this matter in due course.

Other Relevant Information

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Filed on behalf by:
Name Gillian Guarina
Designation Investor Relations