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Ayala Land, Inc.ALI PSE Disclosure Form REIT-2 - Reinvestment Plan Progress ReportReference: Section 6 of the Amended PSE Listing Rules for REITS
- Annual Report
- Quarterly Report
| Subject of the Disclosure |
2022 First Quarter Sponsor Progress Report on Disbursement of Proceeds from the sale of 44 million AREIT, Inc.("AREIT") shares pursuant to the Sponsor Reinvestment Plan of Ayala Land, Inc. |
| Background/Description of the Disclosure |
Progress Report on the Application of Proceeds for 1Q 2022, duly certified by our external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan submitted in connection with the sale of 44 million AREIT shares. |
| Update or Status of the Reinvestment Plan |
Please be advised, as of March 31, 2022, ALI already disbursed the total gross proceeds amounting to One Billion Four |
| Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period |
Project Name: One Vertis Plaza |
| Description of Real Estate Assets and/or Infrastructure Projects for the Period |
One Vertis Plaza - 43-storey Premier Corporate Tower |
| Other Relevant Information |
- |
| Name | Michael Blase Aquilizan |
| Designation | Manager |