C08700-2023

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)
Dec 14, 2023
2. SEC Identification Number
0000091447
3. BIR Tax Identification No.
000190324
4. Exact name of issuer as specified in its charter
SEMIRARA MINING AND POWER CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2/F DMCI Plaza, 2281 Don Chino Roces Avenue, Makati City Postal Code 1231
8. Issuer's telephone number, including area code
632-88883000
9. Former name or former address, if changed since last report
-
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 4,250,547,620
11. Indicate the item numbers reported herein
5

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.

Semirara Mining and Power CorporationSCC

PSE Disclosure Form 4-26 - Legal Proceedings References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Denial of Cabili's Motion for Reconsideration

Background/Description of the Disclosure

We refer to the case for illegal dismissal docketed as “Jose Roberto C. Cabili, Complainant vs. Semirara Mining and Power Corp., et. al., Respondents, RAB Case No. VI-08-10689-22, National Labor Relations Commission, Bacolod City.” In November 2022, Semirara Mining and Power Corporation (SMPC) disclosed that it received a copy of the complaint/summons dated August 30, 2022, and that SMPC shall file the necessary pleadings before the Labor Arbiter considering the termination from employment is based on cause.

On January 31, 2023, a Decision was rendered by the Labor Arbiter dismissing Cabili’s Complaint for illegal dismissal and money claims for lack of factual and legal basis. Cabili appealed to the National Labor Relations Commission (NLRC) on June 23, 2023. The appeal was dismissed. Cabili filed a Motion for Reconsideration (MR).

Name of the court or agency in which the proceedings are pending National Labor Relations Commission, Bacolod City
Date Instituted Aug 30, 2022
Docket Number RAB Case No. VI-08-10689-22
Principal Parties

Jose Roberto C. Cabili, Complainant vs. Semirara Mining and Power Corporation, et. al., Respondents

Nature and description of the legal proceedings

The termination from employment is based on just cause, after being involved in an accident resulting in damages to the company equipment due to his gross negligence.

The effect(s) on the Issuer's business or operations, if any

It does not have any effect on its business or operations.

Other Relevant Information

Today, we received a copy of the NLRC’s Resolution promulgated on October 16, 2023, denying Cabili’s MR.

In accordance with SEC Notice issued on March 17, 2020, attached herewith is SEC Form 17-C for your immediate reference.

Filed on behalf by:
Name John Sadullo
Designation Vice President - Legal and Corporate Secretary