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 27, 2021

2. SEC Identification Number

1177

3. BIR Tax Identification No.

000-768-480-000

4. Exact name of issuer as specified in its charter

GLOBE TELECOM, INC.

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

27/F, The Globe Tower, 32nd Street corner 7th Avenue, Bonifacio Global City, Taguig Postal Code 1634

8. Issuer's telephone number, including area code

(02) 7797-2000

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

n/a

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 SHARES	133,619,207
TOTAL DEBT (in Millions of Pesos)	185,506

11. Indicate the item numbers reported herein

Pls refer to the relevant attachments.

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.

Globe Telecom, Inc.GLO

PSE Disclosure Form 4-21 - Redemption of Security References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Results of Redemption of Series A Non-Voting Perpetual Preferred Shares
Background/Description of the Disclosure
We completed redemption of our 20,000,000 Globe Series A Non-Voting Perpetual Preferred (GLOPP) Shares on August 23, 2021 (as August 22, 2021 falls on a Sunday), at the redemption price equal to the issue price of the GLOPP Shares plus accrued and unpaid dividends up until August 22, 2021 based on the dividend rate of 5.2006% per annum. The effect of the redemption will decrease the number of foreign shareholders of preferred shares.

Date of Approval by Board of Directors	May 6, 2021
Record Date, if applicable	Jul 28, 2021
Redemption Price	Php 500 per share plus accrued and unpaid dividends up until August 22, 2021
Redemption Period	-
Redemption Date	Aug 22, 2021

Effects on the capital structure

Issued Shares

Type of Security/Stock Symbol	Before	After
Common Shares/GLO	133,619,207	133,619,207
Voting Preferred Shares/GLOPA	158,515,021	158,515,021
Non Voting Preferred Shares / GLOPP	20,000,000	20,000,000

Outstanding Shares

Type of Security/Stock Symbol	Before	After
Common Shares/GLO	133,619,207	133,619,207
Voting Preferred Shares/GLOPA	158,515,021	158,515,021
Non Voting Preferred Shares / GLOPP	20,000,000	0

Treasury Shares

Type of Security/Stock Symbol	Before	After
Common Shares/GLO	0	0
Voting Preferred Shares/GLOPA	0	0
Non Voting Preferred Shares / GLOPP	0	20,000,000

Listed Shares

Type of Security/Stock Symbol	Before	After
Common Shares/GLO	132,401,583	132,401,583
Voting Preferred Shares/GLOPA	158,515,021	158,515,021
Non Voting Preferred Shares / GLOPP	20,000,000	20,000,000

Effect(s) on foreign ownership level, if any	The effect of the redemption will decrease the number of foreign shareholders of preferred shares.

Other Relevant Information
This disclosure is being amended to disclose the results of the redemption of our Series A Non-Voting Perpetual Preferred Shares. We will disclose in due course as to the re-issuance or the retirement of the redeemed GLOPP Shares. Please refer to the relevant attachment. Thank you very much.