Globe Telecom Announces Additional Listing
The Philippine Stock Exchange (PSE) approved on August 25, 2004 the application of Globe Telecom Inc. (PSE: GLO) to list up to 12,000,000 common shares, with a par value of P50.00 per share, divided into 6,000,000 common shares to cover the company’s Executive Stock Option Plan (ESOP) and 6,000,000 common shares to cover the Employee Stock Ownership Plan (ESOWN).
In this connection, Globe Telecom has announced that an additional 2,500 common shares under the ESOP of the Company have been fully exercised and fully paid as of December 31, 2010.
In view thereof, the listing of the additional 2,500 common shares is set for Monday, January 10, 2011. This brings the number of common shares listed under the Company’s ESOP and ESOWN to a total of 2,010,094 common shares.
