PSE Circular for Brokers No. 1095-99
PSE Circular for Brokers No. 1095-99 • Philippine Stock Exchange • Circulars for Brokers • May 14, 1999
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May 14, 1999 PSE CIRCULAR FOR BROKERS NO. 1095-99 May 13, 1999 Listings and Disclosure Group Philippine Stock Exchange 4/F PSE Center, Exchange Road Ortigas, Pasig City Attention: Disclosure Department Gentlemen : In compliance with disclosure requirements, we wish to inform you that the Board of Directors of the Philippine National Bank (PNB) has approved the issuance of a stock rights offering involving 68,740,086 shares out of the Bank's authorized but unissued capital stock. The rights offering will entitle shareholders to buy one (1) share for every two (2) shares that they hold. The offer price shall be determined later on, while the record date and the prospective date of offering shall be subject to the fulfillment of the usual PSE requirements and approvals. cdll Thank you. (SGD.) REMEDIOS MONTECASTRO-LIM (SGD.) IMELDA S. SINGZON Corporate Secretary Senior Vice President
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