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)

Jul 21, 2020

2. SEC Identification Number

PW-94

3. BIR Tax Identification No.

000-707-922

4. Exact name of issuer as specified in its charter

PAL Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

8th Floor, PNB Financial Center, President Diosdado Macapagal Ave., CCP Complex, Pasay City Postal Code 1307

8. Issuer's telephone number, including area code

(632) 8810-2451

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
Common	11,610,978,242

11. Indicate the item numbers reported herein

Item 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.

PAL Holdings, Inc.PAL

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Material Information
Background/Description of the Disclosure
21 July 2020 DISCLOSURE DEPARTMENT THE PHILIPPINE STOCK EXCHANGE, INC. PSE Tower, One Bonifacio High Street, 28th Street cor. 5th Avenue, Bonifacio Global City, Taguig City Attention : MS. JANET A. ENCARNACION Head, Disclosure Department Gentlemen: Please be advised that at the meeting of the Board of Directors of PAL Holdings, Inc. (the “Corporation”) held today, 21 July 2020, the Nomination and Compensation Committee (the “Committee”) reported to the Board that it has received from the following nominees a withdrawal of their consent to be nominated to the Board for 2020-2021 for personal reasons, to wit: Ms. Vivienne K. Tan Mr. John G. Tan Mr. Mark M. Chen (Independent Director) The Committee further reported to the Board that with the foregoing, it convened an emergency meeting on 20 July 2020 to consider other nominees in lieu of the above. Thereafter, the Committee endorsed to the Board the nomination of Mr. Patrick L. Go as an independent director of the Corporation for 2020-2021. The Amended Definitive Information Statement which reflects the final line up of nominees to the Board from 2020-2021 as well as all the required information of the new nominee can be downloaded from https://edge.pse.com.ph/companyDisclosures/form.do?cmpy_id=20. Should you wish further clarification regarding this matter, please let us know. Very truly yours, PAL HOLDINGS, INC. By: MA. CECILIA L. PESAYCO Corporate Secretary
Other Relevant Information
Please see attached file.