SM patriarch’s P3-B holdings in FEU

INSIDERS’ holdings. The members of the board and top executives of Metro Pacific Investments Corp., led by Manuel Pangilinan, own 10.730 million MPIC common shares. Of 17 in the list, eight hold only a share each to qualify them for election as director. They are Ray Espinosa, director; Ramoncito Fernandez, director; Robert Nicholson, director; Artemio Panganiban, independent director; Gemma Santos; Jose Jesus Laurel, vice president, legal/general counsel and compliance officer and Maida Bruce, vice president- group controller. Pangilinan, chairman of the board, and Edward Tortorici, director, are the biggest insider stockholders with 21.342 million shares, or P116.530 million at 30-day high of P5.46 and 10.730 million shares, or P58.584 million, respectively. The others are Jose Ma. Lim, president and chief executive officer, six million shares, or P36.76 million; Augusto Palisoc Jr., director, 2.50 million shares, or P13.65million; David Nicol, chief finance officer, one million shares, or P5.46 million; Edward Go, independent director, 500,000 shares, or P2.73 million; Antonio Picazo, corporate secretary, 1,001 shares; and Victorico Vargas, director, 1.5 million shares, or P8.19 million and Lydia Echauz, independent director, 30,000 shares. Not in the list is Washington Sycip, independent director.

Buyback. On February 12, Chemrez Technologies Inc. bought back 1,000 shares at P2.95 each, increasing the company’s treasury shares to 89.963 million, or 6.878 percent of the resulting outstanding shares. Chemrez hit a 30-day high of P3.02 on January 25 and dropped to 30-day low of P2.87 on February 11. As of September 30, 2012, it had spent P217.669 million in reacquiring 76.647 million shares at P2.839 each . . . Philweb Corp. increased its number of treasury shares to 75.676 million including 710,000 shares which it bought back at P14.1024 each on February 12. Philweb climbed to 30-day high of P14.30 on January 22 and fell to a low of P12.70 on January 34. After the buyback, it had 1.438 billion outstanding common shares. In November last year, Philweb reported the approval by its board of a buyback program because it “currently has unallocated cash, which is on placement with the

banks at very low interest rates,” and which it would use in buying back its own shares in the open market. As of September 30, it had retained earnings of P1.672 billion. It spent P1.001 billion implementing a share buyback plan.

Insiders’ trades. Susan Varga Valdez, chief reputation officer of Aboitiz Equity Inc. increased her AEV shares to 503,463 after buying 146,341shares at P42.80 each on February 8 . . . DFC Holdings Inc., a significant stockholder of DMCI Holdings Inc., bought 50,000 DMCI shares at P53.8981 each on February 7 and 50,000 DMCI shares at P54.0257 each on February 6. As of December 31, DFC Holdings, one of DMCI’s two principal stockholders, owned 461,269 million DMCI shares, or 17.370 percent. Dacon Corp owns 12.368 billion DMCI shares, or 51.507 percent . . . Sysmart Corp., corporate vehicle of businessman Henry Sy Sr., bought in January 34,014 shares in Far Eastern University Inc. (FEU), increas- ing its holdings to 2.989 million shares. At its acquisition price of P1,054 each, its FEU shares have market value of P3.151 billion . . . Earl Eric Nestor Hilario, a vice president of International Container Terminal Services Inc., reduced the number of ICTSI shares he owns to 43,000 after selling 3,000 shares at P77 each on February 8. ICTSI hit a 30-day high of P80 on February 5 and fell to a 30-day low of P74.50 on January 3.

Surging stock. Globe Telecom Inc., which belongs to the Ayala group con- trolled by the Zobel family, started the year on a good note. On January 3, it opened at P1,092, peaked at P1,101, dropped to a low of P1,092 before closing at P1,096. The stock kept climbing, hitting a 30-day high of P1,215 on February 13 and closed the session at P1,200. Investors who bought Globe at P1,092 on January 3, would have been ahead by 9.890 percent on Tuesday. Globe, which reported total mobile subscribers of 33.1 million as of December 31, 2012, fell to a month’s low of P1,058 on January 10. In a filing, it told investors that it “took bold measures to ensure the long-term competitiveness of the business in 2012.” It also disclosed its partnership with Bayan Telecommunications Inc., the telecom unit of the Lopez group of companies. “Globe, together with Bayan Telecommunications Inc., obtained the approval of the National Telecommunication Commission for the joint use of the 1800 megahertz band assigned to Bayan that Globe can use

to address the increasing demand for voice, short message and mobile data services. Globe recently completed the tender for the foreign exposures of various creditors in Bayan.

Additional listings. First Philippine Holdings Corp. (FPCH) listed on February 12 additional 51,541 common shares, which it issued to company insiders under the employees stock purchase plan (ESPP). This brought the number of FPHC listed stock option shares to 30.581 million. On February 11, the company listed 10,815 ESPP shares . . . Atlas Consolidated Mining and Development Corp. listed additional 200,000 common shares on February 12, which the company issued under its comprehensive stock option plan. The new issuances increased the number of option shares listed on the exchange to 2.708 million and the company’s outstanding shares to 2.074 billion.