Exhibit 99.1
EXHIBITS
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99.1
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Copy of the press release entitled “Regarding the Alleged Ownership of Service Contract Companies Serving PLDT”.
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July 12, 2018
Philippine Stock Exchange
6/F Philippine Stock Exchange Tower
28th Street corner 5th Avenue
Bonifacio Global City, Taguig City
Attention: | Ms. Janet A. Encarnacion |
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Head - Disclosure Department
Gentlemen:
In compliance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1.1.1.3(b).2, we submit herewith a copy of SEC Form 17-C with a press release attached thereto entitled “Regarding the Alleged Ownership of Service Contract Companies Serving PLDT”.
This shall also serve as the disclosure letter for the purpose of complying with PSE Revised Disclosure Rules.
Very truly yours,
/s/Ma. Lourdes C. Rausa-Chan
MA. LOURDES C. RAUSA-CHAN
Corporate Secretary
Page 1 of 6
July 12, 2018
Securities & Exchange Commission
Secretariat Building, PICC Complex
Roxas Boulevard, Pasay City
Attention: | Mr. Vicente Graciano P. Felizmenio, Jr. |
Director – Markets and Securities Regulation Dept.
Gentlemen:
In compliance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1.1.1.3(a), we submit herewith two (2) copies of SEC Form 17-C with a press release attached thereto entitled “Regarding the Alleged Ownership of Service Contract Companies Serving PLDT”.
Very truly yours,
/s/Ma. Lourdes C. Rausa-Chan
MA. LOURDES C. RAUSA-CHAN
Corporate Secretary
Page 2 of 6
COVER SHEET
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Company Name
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(F | O | R | M | E | R | L | Y |
| P | H | I | L | I | P | P | I | N | E |
| L | O | N | G |
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D | I | S | T | A | N | C | E |
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Principal Office (No./Street/Barangay/City/Town/Province)
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M | A | K | A | T | I |
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M | A | K | A | T | I |
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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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COMPANY INFORMATION
| Company’s Email Address |
| Company’s Telephone Number/s |
| Mobile Number |
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| 8168534 |
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| No. of Stockholders |
| Annual Meeting |
| Fiscal Year |
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| 11,679 As of June 30, 2018 |
| 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 |
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| Telephone Number/s |
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Ma. Lourdes C. Rausa-Chan |
| lrchan@pldt.com.ph |
| 8168553 |
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Name of Contact Person |
| Email Address |
| Telephone Number/s |
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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.
Page 3 of 6
SECURITIES AND EXCHANGE COMMISSION
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.1
1. | July 12, 2018 | |
| 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) 816-8553 |
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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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Page 4 of 6
Attached hereto is a Press Release entitled “Regarding the Alleged Ownership of Service Contract Companies Serving PLDT”.
Pursuant to the requirements of the Securities Regulation Code, PLDT Inc. has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
PLDT Inc.
By:
/s/Ma. Lourdes C. Rausa-Chan
MA. LOURDES C. RAUSA-CHAN
Corporate Secretary
July 12, 2018
Page 5 of 6
PLDT Press Statement
12 July 2018
Regarding the Alleged Ownership of Service Contract Companies Serving PLDT
Labor and Employment Secretary Silvestre Bello III has been quoted by some news organizations as saying that he has sought the help of the Securities and Exchange Commission (SEC) and the National Bureau of Investigation (NBI) to look into allegations that “many” of the 38 service contractors recently sanctioned by the Department of Labor and Employment (DOLE) for engaging in labor-only contracting for PLDT are either owned or managed by “high ranking” officials of PLDT.
These allegations are baseless and fabricated. The service contractors engaged by PLDT are bona fide corporations properly registered with the DOLE and the SEC. They are legitimately providing services to many other companies aside from PLDT. None of these are owned or managed by PLDT officials. PLDT welcomes an investigation into this allegation as the Company has nothing to hide. [END]
About PLDT
PLDT is the leading telecommunications and digital services provider in the Philippines. Through its principal business groups – fixed line, wireless and others – PLDT offers a wide range of telecommunications and digital services across the Philippines’ most extensive fiber optic backbone, and fixed line and cellular networks.
PLDT is listed on the Philippine Stock Exchange (PSE:TEL) and its American Depositary Shares are listed on the New York Stock Exchange (NYSE:PHI). PLDT has one of the largest market capitalizations among Philippinelisted companies.
Contact person:
Ramon R. Isberto
PLDT Spokesperson
Tel. No.: +63 2 5113101
Fax No.: +63 2 5113100
Page 6 of 6
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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| PLDT Inc.
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By | : | /s/Ma. Lourdes C. Rausa-Chan |
Name | : | Ma. Lourdes C. Rausa-Chan |
Title | : | Senior Vice President, Corporate Affairs and Legal Services Head and Corporate Secretary |
Date: July 12, 2018