March 6, 2013
PSE MEMORANDUM NO. LA-0105-13
TO | : | The Investing Public |
SUBJECT | : | Metro Pacific Investments Corporation |
Additional Listing |
The Exchange approved on May 27, 2009, the application of METRO PACIFIC INVESTMENTS CORPORATION (the "Company" or "MPI") to list additional 123,925,245 common shares, with a par value of P1.00 per share, to cover the Company's 1st and 2nd Grants of its Executive Stock Option Plan ("ESOP" or the "Plan"). Further, the Exchange approved on November 10, 2010, the application of the Company to list additional 145,000,000 common shares to cover the 3rd Grant of the ESOP. The Exercise Price for the Company's ESOP is determined by the Compensation Committee of the Company's Board of Directors based on an amount not lower than the highest of (i) the closing price of the MPI shares for one or more board lots of such shares on the PSE on the Option Offer Date; (ii) the average closing price of the MPI shares for one or more board lots of such shares on the PSE for the five (5) business...