C01636-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Unclassified Shares | 11,430,368,194 |
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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Settlement Agreement between Bloomberry Resorts Corporation's subsidiaries Sureste Properties Inc. and Bloomberry Resorts and Hotels Inc. and GGAM |
Background/Description of the Disclosure |
In the disclosure of the Settlement Agreement of the Parties dated 18 March 2024 (filed on 18 March 2024 and posted in the PSE EDGE on 19 March 2024), it was stated that at the conversion rate of PHP 56 to USD 1.00, the agreed purchase price for the Transaction will amount to PHP 18.32 per share. However, because of the drop in the US Dollar to Philippine peso conversion rate, the actual conversion rate was PHP 55.94 to USD 1.00. This brings the price per share for the Transaction to PHP 18.22 per share (instead of PHP 18.32 per share indicated in the previous disclosure). |
Other Relevant Information |
None |
Name | JONAS KHAW |
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Designation | ASSISTANT CORPORATE SECRETARY |