COVER SHEET

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(Company's Full Name)

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Business Address: No. Street City/Town/Province

7974269

MARISALVE CIOCSON.CO
Contact Person
1

Month

Companyffelepone Number
17-C

Day

ol

Month

FORM TYPE

Day

Secondary License Type, lf Applicable

Dept. Requiring this Doc.

Amended Articles Number/Section

Total Amount of

Total No. of Stockholders

Domestic

Foreign

To be accomplished by SEC Personnel concerned

File Number

LCU

Document l.D

Cashier

STAMPS

Remarks - pls. use black ink for scanning purposes

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0703201 5000051

SECURITIES AND EXCHANGE COMMISSION

SECBuilding, EDSA,Greenhills,MandaluyongCity,MetroManila, Philippines
Tel:(632) 726-0931 to 39 Fax:(632)725-5293Email: mis@sec.gov.ph

Barcode Page
The following document has been received

Receiving Officer/Encoder : Jojit Licudine

Receiving Branch
: SEC Head Office
Receipt Date and Time : July 03, 2015 08'.28:54 AM
Received

From

Head Office

Company Representative

Doc Source
Company lnformation
SEC Registration No.

PW00001177

Company Name

GLOBE TELECOM INC

lndustry Classification

Telecommunications

Company Type

Stock Corporation

Document lnformation
Document lD

Document Type

17-C (FORM 11-C:CURRENT DISCL/RPT)

Document Code

17-C

0703201 5000051

Period Covered

July 02, 2015

No. of Days Late

Department

CFD

Remarks

SECURIT!ES AND EXCHANGE COMMISSION

SEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATIONS CODE (SRC)
AND SRc RULE 17(a)-1(bX3) THEREUNDER

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2.

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3.

1177

SEC ldentification Number

4.

000-768-480-000
BIR Tax ldentification Number

GLOBETELECOM tNc.
Exact Name of registrant as specified in its charter

PHILIPPINES

5.

6.

Province, country or other jurisdiction of

incorporation

7.

ndustry Classification Code

Metro

Phi
tnes
principal
Address of
office

1634

Postal code

8.

(02) 7e7-2000
Registrant's telephone number, including area code

N.A.

Former name or former address, if changed since last report

10.

Securities registered pursuant to Sections 4 and 8 of the SRC

Title of Each Class

Number of Shares of Common Stock

Outstanding and Amount of Debt Outstanding
(as of March 31, 2015)

COMMON SHARES

132,735,047

TOTAL DEBT (in Millions of Pesos)

64,538

lndicate the item numbers reported herein

Please refer to attached

Re:

Corporate Disclosure

Pursuant to the requirements of the Securities Regulations Code, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date

02 Julv 2015

tr

nt

Compliance Officer, Asst. Corporate Secretary and

VP, LegalServices

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SGtobe

Gl.obe Telecom,lnc.

The G[obe Tower

32nd Street corner 7th Avenue,

Bonifacio GLobaL City,
Taguig, PhiLippines 1 634
+632.79720OO

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\!z www.g[obe.com.ph

02 July 2015
Securities and Exchange Commission
SEC Building, Mandaluyong City

Attention:

Mr. Vicente Graciano P. Felizmenio, Jr.

Director, Markets & Securlfies Regulation Department

Philippine Stock Exchange, lnc.

3/F Tower One and Exchange Plaza
Ayala Triangle, Ayala Avenue, Makati City

Attention:

Ms. Janet A. Encarnacion

Head, Disclosure Depaftment

Philippine Dealing and Exchange Corporation

37/F Tower 1, The Enterprise Center
6766 Ayala Avenue cor. Paseo de Roxas, Makati City

Attention:

Ms. Vina Vanessa S. Salonga

Head, lssuer Compliance and Disclosure Depaftment

Gentlemen:

Globe Telecom, lnc. discloses that the National Telecommunications Commission (NTC) approved today
the joint application filed by Globe Telecom, lnc. (Globe) and Bayan Telecommunications, lnc. (Bayantel)
to authorize Globe to convert its debt holdings in Bayantel into equity which will result in a controlling
interest by the former of at least 54% of the latter's outstanding shares.
The joint application was filed in October 2013 pursuant to Section 20(h) of Commonwealth Act No. 146,
pursuant to the Resolution of Bayantel's Rehabilitation Court (RegionalTrial Court Branch 158 Pasig City)
in SEC Case 03-25 dated 27 August 2013.
Bayantel has been undera court-assisted corporate rehabilitation since 2003 and on 27August2013, the
Regional Trial Court confirmed the Amendment of Bayantel's Rehabilitation Plan wherein Globe, as
Bayantel's principal creditor, will be authorized to convert its debt holdings into a controlling interest of at
least 54% in Bayantel's outstanding shares.

The above information is being disclosed in accordance with the disclosure rules of the Securities and
Exchange Commission and the Philippine Stock Exchange.

Very truly yours,

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ATTY. MARISALVE CIOCSON-CO

Compliance Officer, Assistant Corporate Secretary &
VP-Legal Services