GMANetwork.com - Corporate - Official Corporate Website of the Kapuso Network

GMA Network.com - Corporate is the official corporate website of GMA Network, Inc., the leading free-to-air media broadcasting company in the Philippines.

FAQs


Q. Who is a Shareholder?

A. A holder of Common Shares and/or Preferred Shares.

 
Q. What are Preferred Shares?

A. The Company's preferred shares of stock, par value P=0.20 per share.

 
Q. Description of the Shares?

A. Please see Final prospectus - pages 163-166

 
Q. Who are the Selling Shareholders?

A. Group Management and Development, Inc., FLG Management and Development Corporation, M.A. Jimanez Enterprises, Inc., Television International Corporation, Gozon Development Corporation and Gozon Foundation, Inc.

 
Q. What are Common Shares?

A. The Company's common shares of stock, par value P=1.00 per share.

 
Q. Are there any restrictions in buying Common Shares?

A. Under the Philippine Constitution, the Common Shares can only be owned by Philippine Citizens and by Corporations or associations wholly-owned and managed by Philippine citizens.

 
Q. What are PDR or PDRs?

A. Philippine Deposit Receipt/s.

 
Q. Who is a Holder?

A. A holder of PDRs as defined Condition 1(c) of the Terms and Conditions of the PDRs.

 
Q. What is a PDR Exercise Right?

A. Delivery or sale of a Common Share as set out in Condition 4 of the Terms and Conditions of the PDRs.

 
Q. Are there any restrictions in buying PDRs?

A. The PDRs may be owned by any person regardless of citizenship or nationality. However, the exercises of a PDR is subject to the foregoing nationality restriction.

 
Q. What are the Terms and Conditions of the PDR?

A. Please see Final prospectus - pages 148-159