Philippine Bank of Communication Additional Listing
PSE Circular for Brokers No. 1571-98 • Philippine Stock Exchange • Circulars for Brokers • Jul 9, 1998
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July 9, 1998 PSE CIRCULAR FOR BROKERS NO. 1571-98 SUBJECT : Philippine Bank of Communication Additional Listing The Exchange approved the listing application of PHILIPPINE BANK OF COMMUNICATION to list additional 6,573,682 common shares with a par value of P100 . 00 per share , to cover the 1 : 3 pre-emptive rights offering to stockholders of record as of December 3, 1997 . However, the actual number of shares issued were reduced to 6,573,436 common shares as a result of the rounding down of entitlements to the nearest whole share in order to eliminate fractional shares. The non-issuance of fractional shares is covered by a resolution passed and approved by the Board of Directors of Philippine Bank of Communication on October 20, 1997. In view thereof, the listing of the 6,573,436 common shares is set for Friday, July 17, 1998 . For your information and guidance. (SGD.) REYNOLD P. ONG Vice-President , Listings and Disclosures Group
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