These stockholders as of cut-off date were as follows: Jolly L. Ting, 414,720 common shares or 0.17 percent; Nanette T. Ongcarranceja, 1.866 million common shares or 0.77 percent; Melody T. Lancaster, 1.5 million common shares or 0.62 percent; Ortud T. Yao, 1.932 million common shares or 0.79 percent; Rodolfo L. See, 3.389 million common shares, or 1.43 percent; Ernesto S. Isla, 2 common shares; and Sergio R. Ortiz-Luis Jr., 1,500 common shares. H2O affiliates combined for 60 million H2O common shares, which were equivalent to 24.68 percent of outstanding H2O common shares. These were Melan Properties Corp., NGTO Resources Corp., OTY Development Corp. and KGT Ventures Inc., which owned 15 million H2O common shares each. Of the 243.242 million outstanding H2O common shares, the company’s public stockholders were credited with 84.699 million common shares or 34.82 percent. In a filing, H2O said the previous majority stockholders sold their holdings at P4.30 per H2O common share.

Source: Manila Times June 12, 2018 16:39 UTC