C01619-2023

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)
Mar 3, 2023
2. SEC Identification Number
184044
3. BIR Tax Identification No.
350-000-775-860
4. Exact name of issuer as specified in its charter
JG SUMMIT HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
METRO MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
43rd Floor, Robinsons Equitable Tower, ADB Avenue corner Poveda Street, Ortigas Center, Pasig City, Metro Manila Postal Code 1605
8. Issuer's telephone number, including area code
(632) 8633-7631 to 40
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 7,520,983,658
11. Indicate the item numbers reported herein
9

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.

JG Summit Holdings, Inc.JGS

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 Reports

Source BusinessWorld (Online Edition)
Subject of News Report BPI-RBC merger may take effect this year
Date of Publication Mar 3, 2023
Clarification of News Report

We refer to your letter dated March 3, 2023 requesting JG Summit Holdings, Inc. ("JGS") to clarify and/or confirm a news article entitled entitled “BPI-RBC merger may take effect this year” posted in Business World (Online Edition) on March 3, 2023. The article reported in part that:.

“BANK of the Philippine Islands’ (BPI) merger with Robinsons Bank Corp. (RBC) could take effect earlier than estimated as both parties expect to get all the necessary regulatory approvals within the year.

The listed lender’s merger with Robinsons Bank could be finalized as early as Oct. 1, earlier than the original estimate of Jan. 1, 2024, BPI President and Chief Executive Officer Jose Teodoro ‘TG’ K. Limcaoco told BusinessWorld on the sidelines of a central bank event last week.

‘We’ve given ourselves, optimistically, six months. So if that’s the case, we’ll look at Oct. 1,’ he said.

Mr. Limcaoco said though unlikely, the merger could even take effect as early as July 1 if the Bangko Sentral ng Pilipinas (BSP), the Philippine Competition Commission (PCC), and the Securities Exchange Commission (SEC) approve it within the first semester.

‘If we get the approval in July, August, or September, then it will be Oct. 1. If we get the approval in April or May, which I don’t think we will get, then it could be July 1,’ he said.

. . . .”

Upon advice received from BPI, JGS confirms the statements quoted in the subject news article that the BPI-RBC merger may take effect this year, earlier than previous estimate of 01 January 2024, if both parties are able to secure all the necessary approvals.

Other Relevant Information

Please see the attached JGS SEC Form 17-C Current Report

Filed on behalf by:
Name Maria Celia Fernandez-Estavillo
Designation Senior Vice President, General Counsel and Corporate Secretary