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Ayala Land, Inc.ALI
PSE Disclosure Form REIT-2 - Reinvestment Plan Progress Report
Reference: Section 6 of the Amended PSE Listing Rules for REITS
- Annual Report
- Quarterly Report
| Subject of the Disclosure |
|---|
3Q 2023 Sponsor Progress Report on the Disbursement of Proceeds from the Sale of 205 million AREIT Shares pursuant to the Sponsor Reinvestment Plan of Ayala Land, Inc |
| Background/Description of the Disclosure |
3Q 2023 Report on the Application of Proceeds, duly certified by our external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan submitted in connection with the sale of 205 million AREIT Shares. |
| Update or Status of the Reinvestment Plan |
As of September 30, 2023, ALI already disbursed total proceeds amounting to Three Billion Five Hundred Fifty Two Million Nine Hundred Ninety Eight Thousand Six Hundred Seventy Seven Pesos (Php3,552,998,677) in accordance with the Reinvestment Plan. |
| Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Project Name: One Vertis Plaza |
| Description of Real Estate Assets and/or Infrastructure Projects for the Period |
One Vertis Plaza – Office for sale project in Quezon City |
| Other Relevant Information |
- |
| Name | Michael Blase Aquilizan |
|---|---|
| Designation | Manager |