Union Bank SRO raised Php12 Billion, Resulting Increase in total outstanding Shares
by UBP has confirmed that it was able to raise Php12 Billion through its successful stocks rights offering.
The SRO was offered with a hefty discount at Php56.88 per share with 210.97 million shares.
The total issued shares increased from 2.14 Billion to 2.35 Billion.