C08797-2023

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 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
27/F, 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 144,228,604
Total Debt (in Php Mn) 245,479
11. Indicate the item numbers reported herein
Please refer to attached.

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 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Globe Completes 60% of its Php96-billion Tower Sale and Leaseback Deal; Raised ~Php 57.4 billion to Date;

Globe Successfully Transferred 2,057 Towers in 2023

Background/Description of the Disclosure

Globe (PSE:GLO), a leading digital platform in the Philippines with major interests in telecommunications, financial technology, virtual healthcare, digital marketing solutions, data insights, corporate venture building, and climate technology, announced today the third closing of another 79 towers sold to Unity Digital Infrastructure (Unity), for a cash consideration of Php 948 million. This transaction is the last closing for the year 2023 and marks the third tranche of the 447 sale-and-leaseback deal with Unity with the transfer of ownership and management rights of 249 towers or around 56% of the sold towers.

Other Relevant Information

Please refer to attached.

Filed on behalf by:
Name Jose Mari Fajardo
Designation Senior Director