Ayala Land, Inc.: Stock Option Plan - Additional Listing
May 27, 2022 at 03:10 am EDT
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Subject
Ayala Land, Inc.: Stock Option Plan - Additional Listing
Company Name
Ayala Land, Inc.
Security Details
Type of Security
Stock Symbol
Par Value
Common Shares
ALI
Php1.00
Total SOP Shares Approved for Listing
Stock Symbol
Type/s of SOP
No. of Shares
ALI
ESOP
147,468,393
ALI
ESOWN
147,468,392
ALI
ESOWN
200,000,000
Summary of Shares to be Listed
Stock Symbol
Type/s of SOP
Number of Common Shares Fully-Paid
ALI
2017 ESOWN
12,600
ALI
2019 ESOWN
13,495
Total Shares Listed under SOP
Stock Symbol
No. of Shares
ALI
190,732,882
Listing Date
May 31, 2022
Adjustments
Issued Shares (if applicable)
Type of Security / Stock Symbol
Before
After
ALI
15,391,268,583
15,391,268,583
Outstanding Shares (if applicable)
Type of Security / Stock Symbol
Before
After
ALI
14,805,557,401
14,805,667,401
Listed Shares
Type of Security / Stock Symbol
Before
After
ALI
14,553,997,696
14,554,023,791
Other Relevant Information
On August 27, 2009, the Exchange approved the application of Ayala Land, Inc. ("ALI" or the "Company") to list up to 294,936,785 common shares, with a par value of Php 1.00 per share, divided into 147,468,393 common shares to cover the Company's Employee Stock Option Plan ("ESOP"), and 147,468,392 common shares to cover the Company's Employee Stock Ownership Plan ("ESOWN"). The exercise price for the ESOP and ESOWN, whichever is applicable at the time of exercise, is as follows:
1. 85% of (i) Php 26.00 per share or (ii) the average of the closing price of ALI for the month preceding the month of eligibility; and
2. Average closing price of ALI for the month prior to the month of eligibility.
Further, on July 11, 2018, the Exchange approved the application of Ayala Land, Inc. ("ALI" or the "Company") to list additional 200,000,000 common shares to cover its Employee Stock Ownership Plan ("ESOWN"). The exercise price for the ESOWN is based on the average closing price of ALI's shares in the Exchange for 30 consecutive trading days with a discount to be determined by the Compensation Committee.
Likewise, the 190,732,882 shares listed under the SOP was granted from the Total SOP Shares Approved for Listing illustrated above.
In this connection, ALI advised the Exchange that an additional 26,095 common shares have been availed and fully paid under the Company's ESOWN.
The number of ALI's listed common shares will be accordingly adjusted on the listing date.
For your information and guidance.
Filed on behalf by:
Name
Norberto Moreno Jr.
Designation
Listings Department
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Disclaimer
Ayala Land Inc. published this content on 27 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 May 2022 07:07:21 UTC.
Ayala Land, Inc. is a Philippines-based property developer. The Company is focused on developing integrated and mixed-use real estates. The Company operates through eight segments: Property Development, International Business, Shopping Centers, Offices, Hotels and Resorts, Construction, Property management, and Others. The Company has developed properties in the Makati CBD, Ayala Alabartg, Cebu Park District, Bonifacio Global City, and others. It has approximately 12,000 land, and 49 developed estates. The Company offers diverse portfolio of complementary businesses primarily in the development of residential, office, commercial, and industrial properties for sale, as well as commercial leasing through shopping centers, offices, hotels, resorts, factory buildings, warehouses, co-living, and co-working spaces. Its brands include Ayalaland Premier, Alveo, Avida, Amaia, and BellaVita. The Company's subsidiaries include Alveo Land Corporation, Serendra, Inc., and others.
AYALA LAND, INC. 
