Alliance Global Group, Inc.: Private Placement - Additional Listing
Company Name
Alliance Global Group, Inc.
Security Details
Type of Security
Stock Symbol
Par Value
Common Shares
AGI
Php 1.00
Type of Transaction(s)
Private Placement
Transaction Ratio (if applicable)
-
Transaction Value
160,000,000
Details of the Transaction
Subscriber
Consideration
Transaction Price
Stock Symbol
Number of Shares Issued
American Growers Corporation
Cash
Php 11.50
AGI
160,000,000
Lock-up Details (if applicable)
Duration of Lock-up
-
Applicable Lock-up Rule
-
Escrow Agent
-
Date of Execution of Escrow Agreement
N/A
Details of the Mandatory Lock-up
Name of Shareholder
No. of Shares
Stock Symbol
Percentage
-
-
-
-
Details of the Voluntary Lock-up (if applicable)
Name of Shareholder
No. of Shares
Stock Symbol
Percentage
-
-
-
-
Shares to be Listed
Stock Symbol
No. of Shares
AGI
160,000,000
Tradable Shares
Stock Symbol
No. of Shares
AGI
160,000,000
Listing Date
Aug 18, 2022
Adjustments
Issued Shares (if applicable)
Type of Security / Stock Symbol
Before
After
AGI
10,269,827,979
10,269,827,979
Outstanding Shares (if applicable)
Type of Security / Stock Symbol
Before
After
AGI
9,435,212,379
9,435,212,379
Listed Shares
Type of Security / Stock Symbol
Before
After
AGI
10,109,827,979
10,269,827,979
Other Relevant Information
On January 15, 2001, the Board of Directors (the "Board") of Alliance Global Group, Inc. ("AGI" or the "Company") approved the subscription by American Growers Corporation ("AGC") of 160,000,000 AGI shares at Php11.50 per share, for a transaction value of Php1,840,000,000.00. The 160,000,000 AGI shares were fully paid on March 16, 2007.
As of August 15, 2022, the Company has complied with all applicable requirements for the listing of the 160,000,000 AGI Shares. The number of AGI's listed common shares will be accordingly adjusted on listing date.