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)
May 15, 2019
2. SEC Identification Number
5213
3. BIR Tax Identification No.
000-917-916
4. Exact name of issuer as specified in its charter
GMA Network, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
GMA Network Center, EDSA corner Timog Avenue, Diliman, Quezon CityPostal Code1103
8. Issuer's telephone number, including area code
(632) - 9827777
9. Former name or former address, if changed since last report
-
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
Preferred Shares
7,499,507,184
Common Shares
3,361,047,000
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.
GMA Network, Inc.GMA7
PSE Disclosure Form 4-25 - Results of Organizational Meeting References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Results of the Organizational Meeting of the Board
Background/Description of the Disclosure
Results of the Organizational Meeting of the Board held on May 15, 2019 to elect and appoint Officers and members of the Board Committees
List of elected officers for the ensuing year with their corresponding shareholdings in the Issuer
Name of Person
Position/Designation
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
Felipe L. Gozon
Chairman and CEO
3,181
-
-
Gilberto R. Duavit, Jr.
President and COO
4,007,006
-
-
Felipe S. Yalong
Executive Vice President and CFO
1,613,000
-
-
Elvis B. Ancheta
SVP - Engineering Group
-
-
-
Marissa L. Flores
SVP - News and Public Affairs
474,000
-
-
Lizelle G. Maralag
SVP - Chief Marketing Officer
-
-
-
Ronaldo P. Mastrili
SVP - Finance and ICT
354,000
-
-
Lilybeth G. Rasonable
SVP - Entertainment Group
158,000
-
-
List of Committees and Membership
Name of Committees
Members
Position/Designation in Committee
Executive Committee
Gilberto R. Duavit, Jr.
Chairman
Executive Committee
Joel Marcelo G. JImenez
Vice Chairman
Executive Committee
Felipe L. Gozon
Member
Nomination Committee
Felipe L. Gozon
Chairman
Nomination Committee
Artemio V. Panganiban
Vice Chairman
Nomination Committee
Gilberto R. Duavit, Jr.
Member
Nomination Committee
Joel Marcelo G. JImenez
Member
Compensation and Remuneration Committee
Felipe L. Gozon
Chairman
Compensation and Remuneration Committee
Artemio V. Panganiban
Vice Chairman
Compensation and Remuneration Committee
Gilberto R. Duavit, Jr.
Member
Compensation and Remuneration Committee
Laura J. Westfall
Member
Audit and Risk Management Committee
Jaime C. Laya
Chairman
Audit and Risk Management Committee
Artemio V. Panganiban
Vice Chairman
Audit and Risk Management Committee
Laura J. Westfall
Member
Audit and Risk Management Committee
Anna Teresa M. Gozon
Member
Audit and Risk Management Committee
Judith R. Duavit-Vazquez
Member
List of other material resolutions, transactions and corporate actions approved by the Board of Directors
Election of Atty. Roberto Rafael V. Lucila as Compliance Officer
Reappointment of Belo Gozon Elma Parel Asuncion and Lucila as the Company's external legal counsel
Other Relevant Information
The shares of the officers listed above pertains only to Common Shares (GMA7)