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)

Sep 6, 2022

2. SEC Identification Number

1177

3. BIR Tax Identification No.

000-768-480-000

4. Exact name of issuer as specified in its charter

GLOBE TELECOM, INC.

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

The Globe Tower, 32nd Street corner 7th Avenue, Bonifacio Global City, Taguig City Postal Code 1634

8. Issuer's telephone number, including area code

(02) 7797-2000

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	133,941,497
TOTAL DEBT (in Millions of Pesos)	240,045

11. Indicate the item numbers reported herein

Please refer to the relevant attachments.

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.

Globe Telecom, Inc.GLO

PSE Disclosure Form 4-14 - Stock Rights Offering References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Stock Rights Offering
Background/Description of the Disclosure
Please be informed that we received the Notice of Approval issued by The Philippine Stock Exchange, Inc. (the “PSE” or “Exchange”) on September 1, 2022, approving the application of Globe Telecom, Inc. (the “Company” or “Globe”) for the offer and issuance of up to Php17.0 Billion worth of Globe’s common shares (the “Rights Shares”) by way of a stock rights offer on a preemptive basis to eligible shareholders of record, and the subsequent listing of said shares (the “Rights Offer”). The PSE approved the INDICATIVE TIMETABLE of activities relative to the Rights Offer as follows: Pricing date [September 8,] 2022 Ex-Date [September 16,] 2022 Record Date [September 21,] 2022 Offer Period [October 3-7,] 2022 Tentative Listing Date [October 28,] 2022 The dates listed above are subject to market and other conditions and may be changed at the discretion of the Company and the Underwriters, subject to the approval of the PSE. On August 25, 2022, the Securities and Exchange Commission (the “SEC”) issued a Confirmation of Exempt Transaction confirming that the Rights Offer is exempt from the registration requirements under Section 8 of the Securities Regulation Code.

Date of Approval by Board of Directors	Jun 17, 2022
Entitlement Ratio	TBA
Offer Price	TBA
Number of Shares to be Offered	TBA
Ex-Rights Date	Sep 16, 2022
Record Date	Sep 21, 2022
Start of Offer Period	Oct 3, 2022
End of Offer Period	Oct 7, 2022

Use of Proceeds
The proceeds from the SRO will be primarily used for the following: (i) pre-payment or repayment, repurchase of all or a portion of certain borrowing, including interest thereon, and other liabilities availed of by the Company for the purposes of capital expenditures; and (ii) capital expenditure plans.
Other Relevant Information
Please refer to the relevant attachment. This disclosure is being amended to reflect the Notice of Approval received from the Exchange, which includes the INDICATIVE TIMETABLE of the Rights Offer, the change in offer size (from Php[32.0] Billion to Php[17.0] Billion), and the Confirmation of Exempt Transaction issued by the SEC. Given that this is an SRO, there will be necessary adjustments to the Company's share price and outstanding shares effective on ex-date. Thank you very much.