Skip to main content

Unionbank of the Philippines Additional Listing

PSE Circular for Brokers No. 1097-99 • Philippine Stock Exchange • Circulars for Brokers • May 14, 1999

Full text

May 14, 1999 PSE CIRCULAR FOR BROKERS NO. 1097-99 SUBJECT : Unionbank of the Philippines Additional Listing The Exchange approved the application of UNIONBANK OF THE PHILIPPINES to list additional 109,592,506 common shares , with a par value of P10 . 00 per share , to cover the 1 : 4 . 03 pre-emptive rights offering to stockholders of record as of December 4, 1997 at an offer price of P18 . 25 per share . Cdphil However, due to the fractional shares amounting to 4,342 common shares that were accumulated from the distribution of the 1:4.03 pre-emptive rights offering to the stockholders entitled thereto, the aforesaid shares were reduced to 109,588,164 common shares . In view thereof, the listing of 109,588,164 common shares is set for Monday, May 24, 1999 . For your information and guidance. (SGD.) RAFAEL L. LLAVE Chief Operating Officer

Ask what this means for your situation

The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.