Exhibit 99.1
EXHIBITS
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Exhibit Number | | Page |
99.1 | Press release regarding the audited consolidated financial results of PLDT Inc. (the “Company”) as at and for the year ended December 31, 2018. | |
March 21, 2019
Philippine Stock Exchange
6/F Philippine Stock Exchange Tower
28th Street corner 5th Avenue
Bonifacio Global City, Taguig City
Attention: | Ms. Janet A. Encarnacion | |
Head - Disclosure Department
Gentlemen:
In accordance with Section 17.1 (b) and Section 17.3 of the Securities Regulation Code, we submit herewith a copy of SEC Form 17-C with a press release attached thereto regarding the Company’s audited consolidated financial results as at and for the year ended December 31, 2018.
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
March 21, 2019
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 accordance with Section 17.1 (b) of 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 regarding the Company’s audited consolidated financial results as at and for the year ended December 31, 2018.
Very truly yours,
/s/Ma. Lourdes C. Rausa-Chan
MA. LOURDES C. RAUSA-CHAN
Corporate Secretary
COVER SHEET
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SEC Registration Number |
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Company Name
Principal Office (No./Street/Barangay/City/Town/Province)
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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 | | | | Department requiring the report | | | | Secondary License Type, If Applicable |
| | 17 | - | C | | | | | | | | | M | S | R | D | | | | | | | | | | | | | |
COMPANY INFORMATION
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| Company’s Email Address | | Company’s Telephone Number/s | | Mobile Number | |
| | | 8168534 | | | |
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| No. of Stockholders | | Annual Meeting
Month/Day | | Fiscal Year
Month/Day | |
| 11,656 As of February 28, 2019 | | Every 2nd Tuesday of June | | December 31 | |
CONTACT PERSON INFORMATION
The designated contact person MUST be an Officer of the Corporation
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Name of Contact Person | | Email Address | | Telephone Number/s | | Mobile Number |
Ma. Lourdes C. Rausa-Chan | | lrchan@pldt.com.ph | | 8168553 | | |
Name of Contact Person | | Email Address | | Telephone Number/s | | Mobile Number |
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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.
SECURITIES AND EXCHANGE COMMISSION
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.1
1. | March 21, 2019 |
| 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 | |
| Issuer's telephone number, including area code |
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9. | Not Applicable | |
| 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 |
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Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding |
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PLDT 2018 Audited Financial Results:
Consolidated Core Income of P25.9bn
MANILA, Philippines 21st March 2019 – The Board of Directors of PLDT Inc. (“PLDT”) (PSE: TEL) (NYSE: PHI) today approved its audited financial and operating results for the full year 2018 with Consolidated Core Income amounting to Php25.9 billion, Telco Core Income of Php24.0bn billion and Reported Net Income of Php18.9 billion.
Except for some reclassifications, the audited financial results are in line with the unaudited results disclosed on 7th March 2019.
PLDT’s 2018 financial results reflect the adoption of new Philippine Financial Reporting Standards (PFRS), namely: PFRS15 and PFRS9, effective 1st January 2018.
Consistent with PLDT’s policy to pay 60% of core income as dividends, the Board declared a Final Regular Dividend of Php36 per share which will be paid on 23rd April 2019 to shareholders on record as of 4th April 2019. Together with the interim regular dividend of Php36 per share paid in August 2018, total dividends per share for 2018 is Php72.
The Board also approved the Company’s annual report on Form 17-A for the fiscal year ended 31st December 2018 for filing with the Philippine Securities and Exchange Commission.
END
This press release may contain some statements which constitute “forward-looking statements” that are subject to a number of risks and uncertainties that could affect PLDT’s business and results of operations. Although PLDT believes that expectations reflected in any forward-looking statements are reasonable, it can give no guarantee of future performance, action or events.
For further information, please contact:
Anabelle L. Chua | Melissa V. Vergel de Dios | Ramon R. Isberto |
Tel. No: 816-8213 | Tel. No: 816-8024 | Tel. No: 511-3101 |
Fax No: 844-9099 | Fax No: 810-7138 | Fax No: 893-5174 |
About PLDT
PLDT is the leading telecommunications provider in the Philippines. Through its principal business groups – fixed line and wireless– PLDT offers a wide range of telecommunications services across the Philippines’ most extensive fiber optic backbone and fixed line, and mobile network.
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 Philippine listed companies.
Further information can be obtained by visiting the web at www.pldt.com
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. |
By | : | /s/Ma. Lourdes C. Rausa-Chan |
Name | : | Ma. Lourdes C. Rausa-Chan |
Title | : | Corporate Secretary |
Date: March 21, 2019
