PSE Circular for Brokers No. 2012-99
PSE Circular for Brokers No. 2012-99 • Philippine Stock Exchange • Circulars for Brokers • Aug 12, 1999
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August 12, 1999 PSE CIRCULAR FOR BROKERS NO. 2012-99 SUBJECT : Philippine National Bank Final Offer Price and Use of Proceeds Further to Circular for Brokers No. 1909-99, please be informed of the Final Offer Price and Use of Proceeds pertaining to the 1:2 Pre-emptive Rights Offering of PHILIPPINE NATIONAL BANK (the "Bank"), to wit: Offer Price P137.80 per share Estimated Allocation of the Gross Proceeds Estimated Expenses P178 million Capital Expenditures 800 million Loans 8,494 million Gross Proceeds from the Rights Offer P9,472 million For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & CEO
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