C00544-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 5,318,095,199 | |
Preferred - Series A | 12,500,000 | |
Preferred - Series B | 20,000,000 | |
Preferred - Series C | 10,000,000 | |
Preferred - Series D | 6,000,000 |
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Subject of the Disclosure |
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Issuance of 14,000,000 Preferred Shares Series E and subscription by Manchesterland Properties, Inc. to the Preferred Shares Series E |
Background/Description of the Disclosure |
In the meeting held on 31 January 2024, the Board of Directors approved the issuance of 14,000,000 cumulative, non-voting, non-participating, non-convertible Peso-denominated Preferred Shares Series E at an offer price of P1.00 per share, where 1,500,000 preferred shares will be issued from the authorized capital stock of the Corporation, and 12,500,000 preferred shares will come from the increase of 50,000,000 preferred shares as approved by the stockholders during the abovementioned Special Stockholders Meeting. |
Other Relevant Information |
Attached is the SEC Form 17-C. |
Name | Margeline Hidalgo |
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Designation | Documentation Counsel |