C04974-2023

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 16, 2023
2. SEC Identification Number
22401
3. BIR Tax Identification No.
000-491-007
4. Exact name of issuer as specified in its charter
PRIME MEDIA HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
16TH FLOOR BDO TOWERS VALERO (FORMERLY CITIBANK TOWER), 8741 PASEO DE ROXAS MAKATI CITY Postal Code 1227
8. Issuer's telephone number, including area code
8831-4479
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 700,298,616
PREFERRED 14,366,260
11. Indicate the item numbers reported herein
Item 9 Other Events

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.

Prime Media Holdings, Inc.PRIM

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

Settlement in Civil Cases

Background/Description of the Disclosure

PLEASE SEE ATTACHED.

Name of the court or agency in which the proceedings are pending Regional Trial Court (RTC), Court of Appeals-Manila (CA) and Supreme Court (SC).
Date Instituted Apr 17, 2018
Docket Number PLEASE SEE ATTACHED
Principal Parties

a. Prime Media Holdings, Inc.
b. Cahirup Tembrevilla Armogenia
c. South Sea Resort Hotel, Inc.

Nature and description of the legal proceedings

RTC Branch 139, Makati City
Prime Media Holdings Inc. filed a Complaint for Deficiency Judgment with Ex-Parte Application for Issuance of a Writ of Preliminary Attachment against defendants Cahirup Tembrevilla Armogenia and South Sea Resorts for the deficiency in the payment of loan secured by real estate mortgages.

Petition for Certiorari under Rule 65 before the Court of Appeals
Petitioners Cahirup Tembrevilla Armogenia and South Sea Resort Hotel, Inc. filed the petition which seeks to annul and set aside the Summary Judgment dated 26 July 2022 issued by RTC Branch 139 of Makati City, in the case entitled “Cahirup Tembrevilla Armogenia and South Sea Resort Hotel, Inc. vs. Prime Media Holdings, Inc.”, docketed as Civil Case No. R-MKT-18-01307-CV.

Petition for Review on Certiorari before the Supreme Court
Petitioner Cahirup Tembrevilla Armogenia and South Sea Resorts filed a Petition for Review on Certiorari before the Supreme Court assailing the 28 July 2022 Decision and 30 January 2023 Resolution of the CA.

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

None

Other Relevant Information

None

Filed on behalf by:
Name Diane Madelyn Ching
Designation Corporate Secretary