C04044-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
May 18, 2023
2. SEC Identification Number
1177
3. BIR Tax Identification No.
000-768-480-000
4. Exact name of issuer as specified in its charter
Globe Telecom, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
27F, The Globe Tower, 32nd street corner 7th Avenue, Bonifacio Global City, Taguig Postal Code 1634
8. Issuer's telephone number, including area code
(02) 7797-2000
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares 144,228,554
Voting Preferred Shares 158,515,021
11. Indicate the item numbers reported herein
Item 9 - Other Matters

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Globe Telecom, Inc.GLO

PSE Disclosure Form 4-11 - Change in Number of Issued and Outstanding Shares References: Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Additional Issuance of Shares under Long-Term Incentive Plan (LTIP 2020-2022)

Background/Description of the Disclosure

Please be advised that 168,500 common shares were issued under our Long-Term Incentive Plan (LTIP 2020-2022). 168,010 shares will be sourced from our unissued shares while 490 shares are sourced from the LTIP Trust Account. In view of the foregoing, the number of our outstanding common shares is now 144,228,554.

The corresponding submission of statements of changes in ownership of securities of our key officers, who subscribed to a total of 38,080 shares, shall follow in accordance with the proper disclosure requirements. We submit this in compliance with our corporate governance standards and pertinent regulations.

Change(s) in Number of Issued and Outstanding Shares

Issued Shares
Type of Security /Stock Symbol Before After
Common Shares/GLO 144,060,544 144,228,554
Voting Preferred Shares/GLOPA 158,515,021 158,515,021
Outstanding Shares
Type of Security /Stock Symbol Before After
Common Shares/GLO 144,060,544 144,228,554
Voting Preferred Shares/GLOPA 158,515,021 158,515,021
Other Changes, if any
In percent Before After
Public float 21.69 21.65
Foreign Ownership level 25.63 25.62
Filed on behalf by:
Name Solomon Hermosura
Designation Gen. Counsel, Compliance Officer and Cor. Sec.