March 21, 2013
SEC-MRD * ORDER NO. 005-13
IN THE MATTER OF THE PHILIPPINE STOCK EXCHANGE, INC., applicant-registrant.
ORDER
Upon consideration of the Application for Listing, Confirmation of Exemption from Registration and other documents attached thereto which were filed for and behalf of THE PHILIPPINE STOCK EXCHANGE, INC. (PSE), the Commission, in its meeting held on 6 December 2012, resolved to approve the application of PSE for listing of up to 150,000 unissued common shares which shall be subject of subscription by qualified employees of PSE and Securities Clearing Corporation of the Philippines under the PSE and Subsidiary Employee Stock Purchase Plan. However, only fully paid shares shall be authorized for listing.
Based on its letters dated 7 February, 4 and 5 March 2013, PSE reported that the 603 ESSP shares remaining from the 2012 offer period have been availed of and fully paid for by qualified employees. Accordingly, PSE is directed to list the 603 shares pursuant to paragraph 3.2 of the Memorandum of Understanding of SEC and PSE on the Listing of PSE Shares on the PSE...
