Remarks | C08901-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
---|---|---|
Common Shares (Fully Paid) | 81,708,013 | |
Common Shares (Subscribed) | 376,833 | |
Total | 82,084,846 |
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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Approval of application for exemptive relief |
Background/Description of the Disclosure |
The Securities and Exchange Commission approved the Company’s application for exemptive relief from the 20% industry ownership of voting rights limit under Section 33.2(c) of the Securities Regulation Code (“SRC”) and SRC Rule 33.2(c).1.3 allowing the Company to own up to 100% of the Philippine Dealing System Holdings Corp. (“PDS”) and allowing the transfer of shares of stock of an Exchange controller under SRC Rule 33.2(c).3 in order to allow the Company to acquire the shares of PDS currently held by other shareholders, subject to certain conditions. |
Other Relevant Information |
None. |
Name | Aissa Encarnacion |
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Designation | Corporate Information Officer |