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)

Aug 1, 2024

2. SEC Identification Number

PW-55

3. BIR Tax Identification No.

000-488-793

4. Exact name of issuer as specified in its charter

PLDT Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Ramon Cojuangco Building, Makati Avenue, Makati City Postal Code 1200

8. Issuer's telephone number, including area code

(632) 8250-0254

9. Former name or former address, if changed since last report

Not Applicable

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
-	-

11. Indicate the item numbers reported herein

-

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.

PLDT Inc.TEL

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
DigiCo acquires 100% equity interest in Multipay Corporation (“Multipay”).
Background/Description of the Disclosure
On August 1, 2024, DigiCo, formally known as Limitless Growth Ventures Inc., acquired 903,000 common shares of Multipay from Multisys Technologies Corporation (“Multisys”). The Board of Directors of DigiCo approved the acquisition on July 19, 2024.

Date of Approval by Board of Directors	Jul 19, 2024

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

DigiCo’s acquisition of Multipay will enable DigiCo to leverage its expertise and resources to support Multipay’s growth trajectory while exploring and unlocking synergies in the companies led by Mr. Manuel V. Pangilinan such as PLDT Inc. (“PLDT”), Manila Electric Company (“Meralco”), and Metro Pacific Investments Corporation (“MPIC”). DigiCo is 60%-owned by PLDT, 20%-owned by Meralco, and 20%-owned by MPIC. The acquisition will also allow PLDT to diversify its services, expand its customer base, and create a comprehensive digital ecosystem, enhancing its value proposition and generating new revenue streams. This integration accelerates innovation and technological advancement, providing deeper customer insights, and fostering personalized services. It is a crucial move that significantly propels PLDT towards achieving the goal of transforming from a traditional telecommunications provider to a cutting-edge technology company.

Details of the acquisition or disposition

Date	Aug 1, 2024

Manner
Please refer to “Background/Description of the Disclosure”.
Description of the company to be acquired or sold
Multipay is a corporation duly organized under Philippine laws and with office address at #14 Mt. Olives St. Multinational Village, Moonwalk, Paranaque City. It is a corporation engaged in providing e-payment solutions.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	903,000
Percentage to the total outstanding shares of the company subject of the transaction	100
Price per share	Php276.85

Nature and amount of consideration given or received
The total purchase price is Php250,000,000.00.
Principle followed in determining the amount of consideration
The purchase price is based on Multipay’s business valuation using financial projections and future cash flows at 100% of its total issued and outstanding capital stock.
Terms of payment
The total purchase price was paid on August 1, 2024.
Conditions precedent to closing of the transaction, if any
The closing of the transaction occurred on August 1, 2024 upon the fulfillment of closing conditions that are customary in transactions of a similar nature including, but not limited to, the following: (a) completion of due diligence review; (b) procurement of internal corporate approvals; and (c) execution of definitive agreements.
Any other salient terms
None.

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Multisys Corporation	The seller, Multisys, is 46% owned by PLDT through its subsidiary, PLDT Global Investments Holdings Inc. Mr. Manuel V. Pangilinan is the Chairman of DigiCo and Multisys. Mr. Pangilinan is also the Chairman of PLDT. Mr. Alfredo S. Panlilio, a director of Multisys, is also a director of PLDT.

Effect(s) on the business, financial condition and operations of the Issuer, if any
None.
Other Relevant Information
None.