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)
Jul 9, 2018
2. SEC Identification Number
20573
3. BIR Tax Identification No.
000-477-863-000
4. Exact name of issuer as specified in its charter
METROPOLITAN BANK & TRUST COMPANY
5. Province, country or other jurisdiction of incorporation
Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Metrobank Plaza, Sen. Gil Puyat Ave., Urdaneta Village, MakatiPostal Code1200
8. Issuer's telephone number, including area code
(02)898-8000
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
3,980,015,036
11. Indicate the item numbers reported herein
Item No. 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.
Metropolitan Bank & Trust CompanyMBT
PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Clarification of News Article.
Source
Philippine Daily Inquirer
Subject of News Report
No strike two
Date of Publication
Jul 9, 2018
Clarification of News Report
We reply with respect to the news article on Biz Buzz column entitled “No strike two” published in the July 9, 2018 issue of the Philippine Daily Inquirer. The article reported in part that:
“Shares of Metropolitan Bank and Trust Co. slid by 7 percent in the last three trading days on rumors of a new loan scam. The amount talked about in the grapevine is much less than what involved a high-ranking bank executive about a year ago, but as the issued cropped out too soon after the first strike, it’s still enough to unnerve investors.
To those awaiting clarify on the issue, Metrobank has categorically denied the rumors/speculations. ‘Not true. There is no loan fraud,’ said Metrobank head of investor relations Juan Placido Mapa III.
. . . .”
In response to PSE's request for clarification, we confirm that there is no new loan scam as referenced in the Biz Buzz article dated July 9, 2018, We further confirm that the quote attributed to Metrobank Vice President Mr. Juan Placido Mapa III is correct.