Exhibit 99.1
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Exhibit No. | Exhibit | ||
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99.1 |
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| Copies of disclosure letters that PLDT Inc. (the “Company”) filed today with the Philippine Dealing and Exchange Corporation (“PDEx”), the Securities and Exchange Commission (“SEC”), and the Philippine Stock Exchange, Inc. (“PSE”) in response to the letter from PDEx dated July 20, 2023 requesting the Company to confirm the veracity of the news article entitled “PLDT gets NTC nod for two cable landing stations” as posted in BusinessWorld (Online Edition) on July 20, 2023.
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26 July 2023
PHILIPPINE DEALING AND EXCHANGE CORP.
29th Floor BDO Equitable Tower
Paseo de Roxas, Makati City
ATTENTION: ATTY. MARIE ROSE M. MAGALLEN-LIRIO
Head – Issuer Compliance and Disclosure Department
Gentlemen:
We reply to your letter dated 20 July 2023 requesting for confirmation of the veracity of the excerpt from the BusinessWorld article, as below:
“PLDT Inc. said on Wednesday that it received provisional authority from the National Telecommunications Commission (NTC) to construct two new cable stations.
The two new stations in Baler, Aurora, and Digos, Davao del Sur will host the Apricot cable system, an intra-Asia submarine cable that faces the Pacific side of the Philippines.
They will give telecommunication companies alternate routes that do not traverse the usual West Philippine Sea waters, PLDT said in a press release.
“The Apricot cable system’s route ensures a significantly higher degree of resilience. When our Baler and Davao cable landing stations are completed, PLDT will have alternate sites facing the Pacific, making it easier to hook up to data offices in the US,” said PLDT President and Chief Executive Officer Alfredo S. Panlilio in a statement.
The new cable landing facilities and the Apricot cable system are expected to be completed by 2025 and will connect the Philippines to Japan, Singapore, Indonesia, Taiwan, and Guam.
The cable system will further augment PLDT’s international capacity and raise it to more than 140 terabytes per second once fully equipped.”
Please be advised that:
Very truly yours,
/s/Melissa V. Vergel de Dios
MELISSA V. VERGEL DE DIOS
Corporate Information Officer
Chief Sustainability Officer and
Head – Investor Relations
July 26, 2023
The Philippine Stock Exchange, Inc.
6/F Philippine Stock Exchange Tower
28th Street corner 5th Avenue
Bonifacio Global City, Taguig City
Attention: Ms. Alexandra D. Tom Wong
Officer-in-Charge, Disclosure Department
Securities & Exchange Commission
Secretariat Building, PICC Complex
Roxas Boulevard, Pasay City
Attention: Mr. Vicente Graciano P. Felizmenio, Jr.
Director – Markets and Securities Regulation Department
Gentlemen:
We furnish you with a copy of our letter dated July 26, 2023 in response to the Philippine Dealing and Exchange Corporation’s letter dated July 20, 2023 wherein PLDT Inc. was requested to confirm the veracity of the news article entitled “PLDT gets NTC nod for two cable landing stations” as posted in BusinessWorld (Online Edition) on July 20, 2023.
Very truly yours,
/s/Abner Tito L. alberto
Abner Tito L. Alberto
Assistant Corporate Secretary
COVER SHEET
SEC Registration Number | ||||||||||
P | W | - | 5 | 5 |
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Company Name
P | L | D | T |
| I | N | C. |
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Principal Office (No./Street/Barangay/City/Town/Province)
R | A | M | O | N |
| C | O | J | U | A | N | G | C | O |
| B | U | I | L | D | I | N | G |
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M | A | K | A | T | I |
| A | V | E | N | U | E |
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M | A | K | A | T | I |
| C | I | T | Y |
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Form Type |
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| Department requiring the report |
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| Secondary License Type, If Applicable | |||||||||||||||||||||
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| 17 | - | C |
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| M | S | R | D |
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COMPANY INFORMATION
| Company’s Email Address |
| Company’s Telephone Number/s |
| Mobile Number |
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| No. of Stockholders |
| Annual Meeting |
| Fiscal Year |
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| 11,415 As of June 30, 2023 |
| Every 2nd Tuesday of June |
| December 31 |
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CONTACT PERSON INFORMATION
The designated contact person MUST be an Officer of the Corporation
Name of Contact Person |
| Email Address |
| Telephone Number/s |
| Mobile Number |
Marilyn A. Victorio-Aquino |
| mvaquino@pldt.com.ph |
| 82500254 |
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Name of Contact Person |
| Email Address |
| Telephone Number/s |
| Mobile Number |
Contact Person’s Address |
MGO Building, Legaspi St. corner Dela Rosa St., Makati City |
Note: In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.
SECURITIES AND EXCHANGE COMMISSION
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.1
1. | July 26, 2023
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| Date of Report (Date of earliest event reported) | |
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2. | SEC Identification Number PW-55 | |
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3. | BIR Tax Identification No. 000-488-793 | |
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4. | PLDT Inc. | |
| Exact name of issuer as specified in its charter | |
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5. | PHILIPPINES | 6. ____________ (SEC Use Only) |
| Province, country or other jurisdiction of Incorporation | Industry Classification Code |
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7. | Ramon Cojuangco Building, Makati Avenue, Makati City | 1200 |
| Address of principal office | Postal Code |
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8. | (632) 82500254 |
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| Issuer's telephone number, including area code | |
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9. | Not Applicable |
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| Former name or former address, if changed since last report | |
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10. | Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding |
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11. Item 9 (Other Events)
Attached herewith is a copy of our letter dated July 26, 2023 in response to the Philippine Dealing and Exchange Corporation’s letter dated July 20, 2023 wherein PLDT Inc. was requested to confirm the veracity of the news article entitled “PLDT gets NTC nod for two cable landing stations” as posted in BusinessWorld (Online Edition) on July 20, 2023.
Pursuant to the requirements of the Securities Regulation Code, the Company has duly authorized and caused this Report to be signed on its behalf by the undersigned.
PLDT INC.
By:
/s/Abner Tito L. Alberto
Abner Tito L. Alberto
Assistant Corporate Secretary
July 26, 2023
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly authorized and caused this report to be signed on its behalf by the undersigned.
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| PLDT Inc.
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By | : | /s/ Abner Tito L. Alberto |
Name | : | Abner Tito L. Alberto |
Title | : | Assistant Corporate Secretary |
Date : July 26, 2023