CR04442-2020

The PSE makes no representation on the accuracy, validity, correctness and completeness of the information stated in the respective PORs of listed companies. The PSE shall use the information contained in the POR submitted by the company in computing a company's weight in the index and this may be updated or adjusted consistent with the policy of the Exchange in managing the PSEi and sector indices.

Manila Electric CompanyMER

PSE Disclosure Form POR-1 - Public Ownership Report Reference: Amended Rule on Minimum Public Ownership

Report Type

Report Date Jun 30, 2020
Computation of Public Ownership
Number of Issued and Outstanding
Common Shares
1,127,271,117
Less: Number of Treasury
Common Shares, if any
172,412
Number of Outstanding
Common Shares
1,127,098,705

Less :

A. Directors
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Manuel V. Pangilinan 50,000 - 50,000 0
Lance Y. Gokongwei 5,010 - 5,010 0
Ray C. Espinosa 46,000 - 46,000 0
Anabelle L. Chua 11,060 - 11,060 0
Frederick D. Go 30 - 30 0
Victorico P. Vargas 1,000 - 1,000 0
Jose Ma. K. Lim 45,010 - 45,010 0
Elpidio L. Ibañez 15,263 - 15,263 0
James L. Go 184,450 - 184,450 0.02
Pedro E. Roxas 1,000 - 1,000 0
Artemio V. Panganiban 1 - 1 0
358,824 0 358,824 0.02
B. Officers
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Simeon Ken R. Ferrer 767 - 767 0
Roberto R. Almazora 93,082 - 93,082 0
Ronnie L. Aperocho 14 - 14 0
William S. Pamintuan - - - 0
Rogelio L. Singson - - - 0
Betty C. Siy-Yap - - - 0
Maria Luisa V. Alvendia - - - 0
Edgardo V. Carasig - - - 0
Ferdinand O. Geluz 12,877 - 12,877 0
Victor Emmanuel S. Genuino II - - - 0
Melanie T. Oteyza - - - 0
Jose Ronald V. Valles - - - 0
Antonio M. Abuel, Jr. 10,427 - 10,427 0
Ireneo B. Acuna 18,355 - 18,355 0
Ferdinand C. Alejandro 8,952 - 8,952 0
Patrick Dave B. Bacani - - - 0
Roque D. Bacani - - - 0
Bennette D. Bachoco - - - 0
Joseph Allan C. Baltazar - - - 0
Rita D. Bantigue - - - 0
Benjamin U. Cusi 24,050 - 24,050 0
Jenevi L. Dela Paz - - - 0
Ma. Cecilia M. Domingo 1,245 - 1,245 0
Lawrence S. Fernandez 4,500 - 4,500 0
Jose Mari P. Melendres - - - 0
Maria Carmela T. Migriño - - - 0
Richard O. Ochava - - - 0
Charina P. Padua 37,609 - 37,609 0
Raymond B. Ravelo - - - 0
Jose S. Reyes, Jr. 8,827 - 8,827 0
Froilan J. Savet 8,435 - 8,435 0
Jose Antonio T. Valdez - - - 0
Maria Zarah R. Villanueva-Castro - - - 0
Ma. Cynthia C. Soluren 11,575 - 11,575 0
240,715 0 240,715 0
C. Principal/Substantial Stockholders
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Beacon Electric Asset Holdings, Inc. 394,059,235 - 394,059,235 34.96
JG Summit Holdings, Inc. 333,189,397 - 333,189,397 29.56
Metro Pacific Investments Corp. 118,364,807 - 118,364,807 10.5
845,613,439 0 845,613,439 75.02
D. Affiliates
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Meralco Industrial Engineering Services Corp. - - - -
Corporate Information Solutions, Inc. - - - -
Meralco Energy, Inc. - - - -
e-Meralco Ventures, Inc. - - - -
Meralco Financial Services Corp. - - - -
MPioneer Insurance, Inc. - - - -
Clark Electric Distribution Corporation - - - -
Lighthouse Overseas Insurance Limited - - - -
Meralco PowerGen Corporation - - - -
Meridian Atlantic Light Co. Ltd. - - - -
MRail, Inc. - - - -
Gen. Electric Phils. Meter & Instrument Co., Inc. - - - -
Indra Philippines, Inc. - - - -
0 0 0 0
E. Government
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
None - - - -
0 0 0 0
F. Banks
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
None - - - -
0 0 0 0
G. Employees
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
Board of Administrator - ESOP 6,685 - 6,685 0
6,685 0 6,685 0
H. Lock-Up Shares
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
None - - - -
0 0 0 0
I. Others
Name Direct Indirect Total direct & indirect shares % to Total Outstanding Shares
First Phil. Holdings Corp. 44,382,436 - 44,382,436 3.94
First Phil. Utilities Corp. 93,270 - 93,270 0.01
44,475,706 0 44,475,706 3.95
Number of Listed
Common Shares
1,127,092,509
Total Number of
Non-Public Shares
890,695,369
Total Number of Shares Owned
by the Public
236,403,336
Public Ownership Percentage 20.97%
Other Relevant Information

Please refer to attached disclosure.

Filed on behalf by:
Name Jocelyn Villar-Altamira
Designation Assistant Vice President and Head, Corporate Governance and Compliance