C01239-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 1,613,444,202 |
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.
Subject of the Disclosure |
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Signing of Collective Bargaining Agreement 2017-2022 on 06 March 2017 |
Background/Description of the Disclosure |
Please be advised that a Collective Bargaining Agreement (“CBA”) between Pilipinas Shell Petroleum Corporation and the Kapisanan ng mga Manggagawa Sa Shell was signed today, 06 March 2017. The CBA covers all regular rank and file employees of the Registrant in its depots, installation and terminals and will be effective for a period of five (5) years, commencing from 16 January 2017 until 15 January 2022. In the event that another agreement is not concluded by 16 January 2022, the CBA shall remain in force until a new agreement is concluded. This follows the other successful CBA signing with the Tabangao Shell Refinery Employees Association last 11 January 2017. |
Other Relevant Information |
None |
Name | Charles Edward Cheng |
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Designation | Legal Counsel & Assistant Corporate Secretary |