PDCP Development Bank, Inc. Additional Listing
PSE Circular for Brokers No. 2621-98 • Philippine Stock Exchange • Circulars for Brokers • Nov 19, 1998
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November 19, 1998 PSE CIRCULAR FOR BROKERS NO. 2621-98 SUBJECT : PDCP Development Bank, Inc. Additional Listing Please be informed that on November 12, 1997, the Exchange approved subject to the actual exercise of the Conversion Right by the preferred shareholders, the application of PDCP DEVELOPMENT BANK, INC . (the "Company") to list additional 40,000,000 common shares, with a par value of P10.00 per share, to cover the underlying shares of the P1.0 billion worth of Convertible Preferred Shares at the conversion price of P25.00 per share. In connection therewith, please be advised that the Company has received notice from a preferred shareholder for the conversion of 12,310 preferred shares to 4,924 common shares. LexLib In view thereof, the listing of the 4.924 common shares is set for Friday, November 20, 1998 . This brings a total of 4.924 common shares already listed arising from the conversion of 12,310 preferred shares. For your information and guidance. (SGD.) RAFAEL L. LLAVE Chief Operating Officer
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