C00572-2024

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)
Feb 1, 2024
2. SEC Identification Number
PW-00000834
3. BIR Tax Identification No.
000-269-435
4. Exact name of issuer as specified in its charter
ROXAS AND COMPANY, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F Cacho Gonzales Bldg., 101 Aguirre St., Legaspi Village, Makati City Postal Code 1229
8. Issuer's telephone number, including area code
(02) 8810-8901 to 06
9. Former name or former address, if changed since last report
CADP GROUP CORPORATION
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 2,351,929,996
11. Indicate the item numbers reported herein
Item No. 9

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.

Roxas and Company, Inc.RCI

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

Update on Land Cases
Background/Description of the Disclosure

On January 30, 2024, after the lapse of the fifteen (15) day mandatory period which started on January 11, 2024, without any party filing any Motion for Reconsideration, the Department of Agrarian Reform (DAR) issued the Certificate of Finality of even date. A copy of the Certificate of Finality was received by the company on January 30, 2023. In the said Certification, the DAR attested that the Consolidated Order it issued on December 29, 2023 (hereafter, the “Consolidated Order”), by operation of law, had become final and executory on January 27, 2024. Accordingly, the DAR-Bureau of Agrarian Legal Assistance (DAR-BALA) was directed to immediately transmit the entire case folder to the DAR Regional Office for execution avoiding any unnecessary delay, citing DAR Administrative Order No. 5, Series of 2017 in relation to Section 16 of Republic Act No. 6657, there being no legal impediment for its execution.

The final and executory nature of the Consolidated Order, as thoroughly explained by the DAR Secretary, ended the almost four (4) decades of judicial hostilities that have been alternatively instigated and endured by Roxas & Company, Inc. (RCI), on one hand, and the Agrarian Reform Beneficiaries (ARBs), on the other. More importantly, the elusive justice, despite the Supreme Court’s final disposition in G.R. No. 127876 issued on December 17, 1999 and in the consolidated Decision on December 4, 2009 in G.R. Nos. 149548, 167505, 167540, 167543, 167845 and 179650 nullifying the DAR proceedings that led to the issuance of the Certificate of Land Ownership Award (CLOA), have now been achieved and secured.

Verily, RCI can now fully enjoy its ownership rights over its 1,619.22855-HA (297HA with finality + 1,322.22855HA) property it will retain and receive the equitable just compensation over the properties to be awarded by DAR to the ARBs. The ARBs, on the other hand, can now fully enjoy the benefits of the Comprehensive Agrarian Reform Law, as enunciated in the Consolidated Order.
Name of the court or agency in which the proceedings are pending Department of Agrarian Reform
Date Instituted Aug 11, 2023
Docket Number DAR ADM Case No. A-9999-04-MS-0556-2023
Principal Parties

Roxas & Company, Inc. (landowner) vs. Katipunan ng mga Magbubukid sa Hacienda Roxas, Inc. (KAMAHARI), represented by its President Carlito Caisip, and Damayan ng Manggagawang Bukid sa Asyenda Roxas-National Federation of Sugar Workers (DAMBA-NFSW), represented by Lauro Martin (Agrarian Reform Beneficiaries).
Nature and description of the legal proceedings

Consolidation of all cases involving three (3) haciendas: Palico, Banilad, and Caylaway (Briefly referred as to the “Roxas Landholdings”)
The effect(s) on the Issuer's business or operations, if any

RCI can monetize its ownership rights and fully utilize its 1,619 hectares share and receive just compensation for the 1,322 hectares that it will give up. This will be done through a masterplan to enhance the overall real estate value of its strategic Nasugbu landholdings. The decision allows the Company to access fresh financing, opens new development plans for internal projects as well as support its subsidiaries, and diversify the long term revenue streams of the Group. The optimization of the use of land assets will be further enhanced by the proposed consolidated SMC-MPTC tollway that will pass through the area. Finally, RCI can widen its ESG initiatives in the communities and become a leading proponent of responsible business.
Other Relevant Information

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Filed on behalf by:
Name Melchor Manalo
Designation Assistant Corporate Secretary/ Compliance Officer/ Corporate Information Officer and Investment Relations Officer