SPI Technologies, Inc. Additional Listing
PSE Circular for Brokers No. 188-98 • Philippine Stock Exchange • Circulars for Brokers • Feb 23, 1998
Full text
February 23, 1998 PSE CIRCULAR FOR BROKERS NO. 188-98 SUBJECT : SPI Technologies, Inc. Additional Listing Please be informed that on August 13, 1997, the Exchange approved subject to the actual conversion of convertible bonds, the listing application of SPI TECHNOLOGIES, INC. ("Company") to list 9,677,420 common shares with a par value of P1.00 per share, to cover the underlying shares of the P150 million worth of Convertible Bonds at the conversion price of P15.50 per share. In connection with this, please be advised that the Company has received a notice from a bondholder for the conversion of the P7,750,000 convertible bonds to 500,000 common shares. In view thereof, the listing of the 500,000 common shares is set for Tuesday, February 24, 1998 . This brings a total of 4,177,419 common shares already listed arising from the conversion of the Bonds worth P64,749,993.50. For your information and guidance. (SGD.) MARIA ISABEL T. GARCIA Head, Listing and Disclosures Group
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.