GMA : Reduction and Monitoring of Philippine Deposit Receipts (PDRs)
April 11, 2022 at 05:09 am EDT
Share
NOTICE
Subject
GMA Holdings, Inc. - Reduction and Monitoring of Philippine Deposit Receipts (PDRs)
Company Name
GMA Holdings, Inc.
Stock Symbol
GMAP
Total PDRs Approved for Listing
945,432,000
Exercise Right
1 GMAP PDR : 1 GMA7 Common Share
Exercise Price
Php 0.05
Transaction
Exercise of PDRs to Common Shares
Exercise of PDR to Common Share
PDRs Cancelled
2,242,300
Underlying Common Shares Issued
2,242,300
Listed PDRs To Date
411,590,049
Exchange of Common Share to PDR
PDRs Issued
-
Underlying Common Shares Converted
-
Listed PDRs To Date
-
Effectivity Date
Apr 13, 2022
Adjustments
Issued Shares (if applicable)
Type of Security / Stock Symbol
Before
After
GMAP
411,590,049
409,347,749
Outstanding Shares (if applicable)
Type of Security / Stock Symbol
Before
After
GMAP
411,590,049
409,347,749
Listed Shares
Type of Security / Stock Symbol
Before
After
GMAP
411,590,049
409,347,749
Other Relevant Information
On June 27, 2007, the Exchange approved the application of GMA Network, Inc. ("GMA7") and GMA Holdings, Inc. ("GMAP") to list: (i) 91,346,000 GMA7 common shares, representing the primary underlying shares for Philippine Deposit Receipts ("PDR"); (ii) 822,115,000 PDRs, representing the PDRs on the underlying primary and secondary common shares of GMA7; and (iii) 123,317,000 PDRs, representing the PDRs which constitute part of the Over-Allotment Option at the initial listing in the Exchange on July 30, 2007.
GMAP submitted certifications that the Company has received notices from its PDR Agent that certain PDR holders have opted to exercise their conversion rights and converted their PDRs into an equal number of GMA7 common shares. PDR Certificate Nos.1406 to 1412 and 1414 to 1417 covering a total of 2,242,300 GMAP PDRs were cancelled in exchange for 2,242,300 GMA7 common shares.
To effect the conversion, the PDR Agent recorded the cancellation in its books the above number of PDRs and facilitated the delivery of the corresponding GMA7 common shares in favor of the exercising PDR holders.
For your information and guidance.
Filed on behalf by:
Name
Norberto Moreno Jr.
Designation
Listings Department
Attachments
Original Link
Original Document
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Disclaimer
GMA Holdings Inc. published this content on 11 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2022 09:08:08 UTC.
GMA Holdings, Inc. is a Philippines-based holding company. Its primary purpose is to invest in, purchase or otherwise acquire and own, hold, use, sell, assign, transfer, mortgage, pledge, exchange, or otherwise dispose of real and personal property of every kind and description. The Company focuses on the issuance of the Philippine Depositary Receipts (PDRs) relating to GMA Network, Inc. (GMA).