Abacus Consolidated Resources and Holdings, Inc.: Release of Shares Under Escrow
PSE Memorandum No. LA-0139-13 • Philippine Stock Exchange • Memoranda • Apr 10, 2013
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April 10, 2013 PSE MEMORANDUM NO. LA-0139-13 TO : The Investing Public SUBJECT : Abacus Consolidated Resources and Holdings, Inc. Release of Shares Under Escrow This is with reference to Memorandum LA_No. 2012-0442 dated October 10, 2012, regarding the additional listing of 654,529,820 common shares of ABACUS CONSOLIDATED RESOURCES AND HOLDINGS, INC. ("ABA" or the "Company") , to cover the share-for-share swap transaction of the Company with Blue Stock Development Holdings, Inc. ("BSDHI"). The said common shares of the Company were listed on October 12, 2012. In relation thereto, the Exchange received a letter dated April 2, 2013 from BDO Unibank, Inc. Trust and Investments Group (the "Escrow Agent"), advising the Exchange that the 180-day lock-up period of the 654,529,820 ABA common shares owned by BSDHI will expire on April 10, 2013. This is in accordance with the Escrow Agreement executed by the Company, Fidelity Stock Transfers, Inc., the Escrow Agent and BSDHI on September 26, 2012. In view thereof, the 654,529,820 common shares of the Company previously locked-up shall be eligible for trading on the Exchange commencing on Thursday, April 11, 2013 . For your information and guidance. (SGD.) J.V. B. ZUO III OIC, Listings Department Noted by: (SGD.) MARSHA M. RESURRECCION Head, Issuer Regulation Division <http://www.pse.com.ph/resource/memos/2013/LA__2013-0139.pdf> last visited April 19, 2013.
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