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)
Dec 1, 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 CityPostal Code1634
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 (as of October 28, 2022)
144,060,544
Total Debt (in Php Mn as of Sept. 30, 2022)
248,363
11. Indicate the item numbers reported herein
Please refer to the relevant attachment.
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 4-13 - 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 Report in relation to news article entitled, “Globe’s 917Ventures, Ayala Corp. to bring Taiwanese electric vehicles to PHL”.
Source
BusinessWorld (Online Edition)
Subject of News Report
"Globe’s 917Ventures, Ayala Corp. to bring Taiwanese electric vehicles to PHL"
Date of Publication
Dec 1, 2022
Clarification of News Report
This is in reply to the Philippine Stock Exchange, Inc.’s (PSE) letter dated December 1, 2022 with respect to the attached news article entitled “Globe’s 917Ventures, Ayala Corp. to bring Taiwanese electric vehicles to PHL” posted in BusinessWorld (Online Edition), it was reported in part that:
“GLOBE TELECOM, Inc. announced on Wednesday that its corporate venture builder, 917Ventures, and Ayala Corp. will soon bring Taiwan-based electric scooter and battery swapping system provider Gogoro to the Philippines.
. . . .
Globe said Ayala, 917Ventures, and Gogoro plan to pilot the program in the first quarter of 2023.
‘Gogoro’s Smartscooters will serve as an eco-friendly alternative to fossil fuel-powered vehicles currently used by the logistics and last-mile delivery industry,’ Globe said.
There will be battery swapping stations for Gogoro’s two-wheel electric vehicles (EV).
‘Users can quickly swap depleted batteries for fully-charged ones in seconds,’ Globe noted.
. . . .”
We confirm the information contained in the above-quoted news article and wish to further clarify that the announcement was only for a pilot program intended for the first quarter of 2023. Rest assured, we will disclose relevant details in due course.
Other Relevant Information
Please refer to the relevant attachment. Thank you very much.
Filed on behalf by:
Name
Marisalve Co
Designation
Chief Compliance Officer/Asst. Corporate Secretary/SVP for Law and Compliance