C04641-2023

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)
Jun 14, 2023
2. SEC Identification Number
PW-55
3. BIR Tax Identification No.
000-488-793
4. Exact name of issuer as specified in its charter
PLDT Inc.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
RAMON COJUANGCO BUILDING, MAKATI AVENUE, MAKATI CITY Postal Code 1200
8. Issuer's telephone number, including area code
(632) 8250-0254
9. Former name or former address, if changed since last report
NOT APPLICABLE
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
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11. Indicate the item numbers reported herein
-

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.

PLDT Inc.TEL

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Reply to the Philippine Stock Exchange’s letter dated June 14, 2023 requesting PLDT Inc. to clarify information and/or to provide relevant information in relation to the news article entitled "PLDT unit to raise $150-M fresh funds for Maya" as posted in BusinessWorld (Online Edition) on June 14, 2023.
Source BusinessWorld (Online Edition)
Subject of News Report PLDT unit to raise $150-M fresh funds for Maya
Date of Publication Jun 14, 2023
Clarification of News Report

We refer to the PSE’s letter dated June 14, 2023 requesting PLDT Inc. (“PLDT”) to clarify information and/or to provide relevant information in relation to the news article entitled “PLDT unit to raise $150-M fresh funds for Maya“ as posted in BusinessWorld (Online Edition) on June 14, 2023. The news article states, in part, as follows:

“PLDT Inc.’s Voyagers Innovations, Inc. is looking to raise up to $150 million in fresh funds this year to strengthen its integrated money platform, Maya, its chairman said.

‘I think there’s an effort to raise some money, around $100-150 million,’ said Manuel V. Pangilinan, who chairs the listed telecommunications company, on the sidelines of its annual stockholders’ meeting on Tuesday.

‘I think the focus of attention is new stockholders but given market conditions, I think the existing stakeholders may have to participate for a portion,’ he added.

Mr. Pangilinan said Voyager is currently negotiating with potential foreign investors to raise the funds, while PLDT is also expected to participate.

. . . .

INITIAL PUBLIC OFFERING

Meanwhile, PLDT President and Chief Executive Officer Alfredo S. Panlilio said the market listing of Maya is being considered.

‘Of course, the plan eventually is to consider that, but I think [we have to] really improve the fundamentals of the bank first,’ said Mr. Panlilio.

. . . .

Meanwhile, the digital bank is expected to positively contribute to PLDT in the next two to three years.

. . . .”

We confirm that Messrs. Pangilinan and Panlilio made their respective statements in the foregoing news article. However, in doing so Mr. Pangilinan was not giving any forecast or guidance on the funding requirements of Maya Bank, Inc. (“Maya”). He was merely expressing his personal opinion on possible fundraising activities of Maya. Neither was Mr. Panlilio disclosing plans for Maya’s public listing. He was merely conveying his personal aspiration for Maya to eventually list its shares with the PSE once the bank’s fundamentals have improved.

We reiterate that the foregoing pronouncements include forward-looking statements that are subject to a number of risks and opportunities that could affect PLDT’s business and results of operations. Although PLDT believes that expectations reflected in forward-looking statements are reasonable, it cannot guarantee any future performance, action, or event.
Other Relevant Information

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Filed on behalf by:
Name Kristine Mariz De Claro
Designation Associate Attorney