PSE Circular for Brokers No. 1630-99
PSE Circular for Brokers No. 1630-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 5, 1999
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July 5, 1999 PSE CIRCULAR FOR BROKERS NO. 1630-99 SUBJECT : Music Corporation Additional Listing Please be informed that on December 18, 1996, the Exchange approved, subject to the actual availment and full payment of the shares, the listing application of MUSIC CORPORATION ("Company") to list 32,670,654 common shares with a par value of P1.00 per share to cover the Company's 1996 Stock Option Plan. On October 27, 1998, the Exchange approved the Company's application to list additional 28,644,316 common shares to cover the amendments to the 1996 Stock Option at the new exercise price at P1.31 per share. In connection with the foregoing, please be advised that 381,777 common shares have been availed of and fully paid for under the Company's stock option plan. In view thereof, the listing of 381,777 common shares availed under the 1996 Stock Option Plan is set for Tuesday, July 6, 1999 . This brings to a total of 57,986,167 shares that are already listed under the Company's 1996 Stock Option Plan. For your information and guidance. (SGD.) ATTY. RUBEN L. ALMADRO Officer-in-Charge
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