C03881-2024

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)
Jun 10, 2024
2. SEC Identification Number
PW-00000834
3. BIR Tax Identification No.
000-269-435
4. Exact name of issuer as specified in its charter
ROXAS AND COMPANY, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F Cacho Gonzales Bldg., 101 Aguirre St., Legaspi Village, Makati City Postal Code 1229
8. Issuer's telephone number, including area code
(02) 8810-8901 to 06
9. Former name or former address, if changed since last report
CADP GROUP CORPORATION
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 2,802,032,693
11. Indicate the item numbers reported herein
Item No. 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.

Roxas and Company, Inc.RCI

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 on news article posted in Manila Standard (Online Edition) on June 07, 2024.
Source Manila Standard (Online Edition)
Subject of News Report Batangas farmers stage rally in Makati to protest eviction from RCI haciendas
Date of Publication Jun 7, 2024
Clarification of News Report

We write in response to your letter dated June 10, 2024, a copy of which we received today, June 10, 2024. In the said letter, you are directing Roxas and Company, Inc. (hereafter, “RCI” of the “Company”) to clarify, confirm and/or comment on the news article posted on the Manila Standard on June 7, 2024 entitled, “Batangas farmers stage rally in Makati to protest eviction from RCI haciendas”, including the alleged plan of the company to evict 50,000 individuals in the said 2,941 Has to make way for the RCI’s planned real estate development, including the possible effect on the company’s business and financial condition on the ongoing protest of Nasugbu’s residents. Relevant portion of the article is quoted hereunder, to wit:

“Some 1,000 residents of Nasugbu, Batangas gathered at Makati’s Freedom Park on June 6 to protest the plans of Roxas and Company Inc. (RCI) to evict some 50,000 individuals from Haciendas Palico, Banilad and Kaylaway (Roxas Haciendas) covering up to 2,941 hectares in nine barangays.

The delegation included officials of the local government unit of Nasugbu, Batangas led by vice mayor Mildred Sanchez, the Sangguniang Bayan members and barangay captains of the nine affected barangays.

Among the affected areas is Barangay Aga, where communities would be allegedly demolished to make way for RCI’s planned real estate development.

. . . .

The measure calls on the BSP, LBP, DBP and BPI not to grant financial support or any extension of loans to RCI until such time that the firm settled its obligations with affected agrarian reform beneficiaries (ARBs) over the disputed lands.

. . . .”

Please be advised that there is no truth to the statements made in the news article and the company is also perplexed as to where these libelous information are coming from. To date, there are no actions planned on the properties and affected parties until our company receives further instructions from the Department of Agrarian Reform (“DAR”). The company is also studying and finalizing the Highest and Best Use Study and Master Plan for the estate; thus, any actions taken or to be taken, on or against the properties concerned are mere speculations at this point.

As regards the alleged 50,000 affected individuals, RCI is firm on its position to comply with the DAR mandate; and that the company is willing to cooperate with the affected barangays to minimize disruption within their areas, if any.

On the call for the Banks not to grant financial support or any extension of loans to RCI until such time that that the firm settled its obligations with affected agrarian reform beneficiaries (“ARBs”) over the disputed lands, the Consolidated Order is clear. RCI, apart from the duty to vacate peacefully the properties to be distributed to the ARBs, has no other financial obligations to the latter.

With regard to the alleged SB Resolution No. 118 issued by the Sanggunian Bayan of Nasugbu, RCI has yet to receive an official copy of the same, but the company intends to answer their allegations against the company in due time.
Other Relevant Information

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Filed on behalf by:
Name Melchor Manalo
Designation Assistant Corporate Secretary/ Compliance Officer/ Corporate Information Officer and Investment Relations Officer