CR00522-2014

The PSE makes no representation on the accuracy, validity, correctness and completeness of the information stated in the respective PORs of listed companies. The PSE shall use the information contained in the POR submitted by the company in computing a company's weight in the index and this may be updated or adjusted consistent with the policy of the Exchange in managing the PSEi and sector indices.

Manila Electric CompanyMER

PSE Disclosure Form POR-1 - Public Ownership Report Reference: Amended Rule on Minimum Public Ownership

Report Type

Report Date Dec 31, 2013
Computation of Public Ownership
Number of Issued
Common Shares
1,127,271,117
Less: Number of Treasury
Common Shares, if any
172,412
Number of Outstanding
Common Shares
1,127,098,705

Less :

A. Directors
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Manuel V. Pangilinan - Chairman 1,000 24,000 25,000 0
Ramon S. Ang - Vice Chairman 1 0 1 0
Oscar S. Reyes - President & Chief Executive Officer 268 0 268 0
Ray C. Espinosa 1,000 20,000 21,000 0
James L. Go 10 0 10 0
Lance Y. Gokongwei 10 0 10 0
Jose Ma. K. Lim 10 0 10 0
Manuel M. Lopez 796,625 0 796,625 0.07
Manuel M. Lopez &/or Ma. Teresa Lopez 1,449,293 0 1,449,293 0.13
Estelito P. Mendoza 1 0 1 0
Artemio V. Panganiban 1 0 1 0
Pedro E. Roxas 1,000 0 1,000 0
2,249,219 44,000 2,293,219 0.2
B. Officers
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Simeon Ken R. Ferrer - Corporate Secretary 668 99 767 0
Ricardo V. Buencamino - Senior Executive VP 0 20,000 20,000 0
Roberto R. Almazora - Senior VP 50,935 5,739 56,674 0
Aaron A. Domingo - Senior VP 0 0 0 0
Alfredo S. Panlilio - Senior VP 0 668 668 0
Angelito D. Bermudo - Senior VP 0 0 0 0
Ramon B. Segismundo - Senior VP 0 6,500 6,500 0
Betty C. Siy-Yap - Senior VP & Chief Finance Officer 0 0 0 0
Rafael L. Andrada - First VP & Treasurer 0 20,000 20,000 0
Ruben B. Benosa - First VP 232 11,499 11,731 0
Helen T. De Guzman - First VP 1,091 3,000 4,091 0
Ivanna G. Dela Peña - First VP 26,231 500 26,731 0
William S. Pamintuan- First VP/Asst. Corporate Secretary/Compliance Officer/Info. Disclosure Officer 0 0 0 0
Antonio M. Abuel, Jr. - VP 0 2,500 2,500 0
Ireneo D. Acuña - VP 0 0 0 0
Ronnie L. Aperocho - VP 14 0 14 0
Angelita S. Atanacio - VP 0 0 0 0
Bennette D. Bachoco - VP 0 0 0 0
Edgardo V. Carasig - VP 0 0 0 0
Marthyn S. Cuan - VP 0 2,150 2,150 0
Rustico C. De Borja, Jr. - VP 16,069 15,125 31,194 0
Gerardo F. Dela Paz - VP 874 8,200 9,074 0
Manolo S. Fernando - VP & Asst. Treasurer 14,456 0 14,456 0
Ferdinand O. Geluz - VP 0 1,000 1,000 0
Victor S. Genuino - VP 0 0 0 0
Nixon G. Hao - VP 601 2,190 2,791 0
Ernie G. Imperial - VP 0 460 460 0
Dexter C. Lee - VP 0 0 0 0
Fortunato C. Leynes - VP 0 0 0 0
Redentor L. Marquez - VP 0 0 0 0
Raymond B. Ravelo - VP 0 0 0 0
Jose Rainier A. Reyes - VP 0 0 0 0
Nestor P. Sarmiento - VP 18,976 0 18,976 0
Liza Rose G. Serrano-Diangson - VP 11,338 4,956 16,294 0
Manuel Lorenzo L. Tuason - VP 22,180 0 22,180 0
Jose Antonio T. Valdez - VP 0 0 0 0
163,665 104,586 268,251 0
C. Principal/Substantial Stockholders
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Beacon Electric Asset Holdings, Inc. 563,124,042 0 563,124,042 49.96
JG Summit Holdings, Inc. 305,689,397 0 305,689,397 27.12
First Philippine Holdings Corporation 44,382,436 0 44,382,436 3.94
First Philippine Utilities Corporation 93,270 0 93,270 0.01
913,289,145 0 913,289,145 81.03
D. Affiliates
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Meralco Industrial Engineering Services Corp. 0 0 0 0
Corporate Information Solutions, Inc. 12,526 0 12,526 0
Meralco Energy, Inc. 0 0 0 0
e-Meralco Ventures, Inc. 0 0 0 0
Meralco Financial Services Corp. 0 0 0 0
Republic Surety & Insurance Co., Inc. 0 0 0 0
Clark Electric Distribution Corporation 0 0 0 0
Lighthouse Overseas Insurance Limited 0 0 0 0
Meralco PowerGen Corporation 0 0 0 0
Gen. Electric Phils. Meter & Instrument Co., Inc. 0 0 0 0
Indra Philippines, Inc. 0 0 0 0
12,526 0 12,526 0
E. Government
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
GSIS 0 11,848,210 11,848,210 1.05
SSS 51 5 56 0
Home Dev't. Mutual Fund 9,400 0 9,400 0
Phil. Health Insurance Corp. 0 0 0 0
Land Bank 0 44,898,510 44,898,510 3.98
9,451 56,746,725 56,756,176 5.03
F. Banks
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
- - - - -
0 0 0 0
G. Employees
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Board of Administrator - ESOP 5,775,135 0 5,775,135 0.51
5,775,135 0 5,775,135 0.51
H. Lock-Up Shares
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
- - - - -
0 0 0 0
I. Others
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
- - - - -
0 0 0 0
Number of Listed
Common Shares
1,125,322,317
Total Number of
Non-Public Shares
978,394,452
Total Number of Shares Owned
by the Public
148,704,253
Public Ownership Percentage 13.19
Filed on behalf by:
Name William Pamintuan
Designation First Vice President/ Assistant Corporate Secretary/ Head, Legal & Corporate Governance