Metro Pacific Investments: Results of the organizational meeting of the board of directors
SAFETY AND EXCHANGES COMMISSIONSEC FORM 17-C
CURRENT ARTICLE 17 REPORT
OF THE SECURITIES REGULATORY CODE
AND CBC RULE 17.2(c)
1. Report Date (Date of first reported event) May 27, 20222. SEC Identification Number CS2006044943. BIR tax identification number 244-520-457-0004. Exact name of the issuer as specified in its charter Metropolitan Pacific Investment Company5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry classification code (SEC use only) 7. Principal office address 9th Floor, Tower 1, Rockwell Business Center, Ortigas Avenue, City of PasigPostal code16048. Issuer’s phone number including area code (632) 8888-08889. Former name or address, if changed since last report N / A10. Securities registered pursuant to Articles 8 and 12 of the SRC or Articles 4 and 8 of the RSA
|
Title of each class |
Number of Common Shares Outstanding and Amount of Outstanding Debt |
| Common stock shares | 29,511,927,752 |
11. Indicate the article numbers reported here 9
The Exchange does not warrant or assume any responsibility for the accuracy of the facts and statements contained in any corporate disclosures, including financial reports. All data contained herein is prepared and submitted by the Disclosing Party to the Exchange, and is being released for informational purposes only. Any questions about the data contained herein should be directed directly to the disclosing party’s corporate information officer.
Metropolitan Pacific Investment CompanyMPI
PSE Disclosure Form 4-25 – Organizational Meeting Results References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules
|
Purpose of disclosure |
|
Results of the organizational board meeting |
|
Background/Description of Disclosure |
|
At the organizational meeting of the board of directors of MPIC held immediately after the annual meeting of shareholders, the following persons were appointed members of the board committee and officers of the company for the year 2022. |
List of officers elected for the coming year with their corresponding holdings in the Issuer
|
person’s name |
Position/Designation |
Participations in the listed company |
Nature of indirect ownership |
|
|
Direct |
Indirect |
|||
| Manuel V. Pangilinan | Chairman of the Board, President and CEO | 10,280,001 | – | – |
| Alfred V. Ty | Vice-chairman of the board | 600,001 | – | – |
| June Cheryl A. Cabal-Revilla | Executive Vice President, Chief Financial Officer, Chief Sustainability Officer and Chief Risk Officer | 1 | – | – |
| Artemio V. Panganiban | Lead Independent Director | 1,600,001 | – | – |
| Ricardo M. Pilares III | Vice President – Legal, Corporate Secretary, Head of Corporate Governance and Head of Compliance | 325,000 | – | – |
| Cristina S. Palma-Gil Fernandez | Deputy General Secretary | – | – | – |
| Melody M. del Rosario | Vice President – PR and Corporate Communications | – | – | – |
| Maida B. Bruce | Vice President, Strategic Financing for Subsidiaries and Affiliates | 1,000,000 | – | – |
| Michael T. Toledo | Vice President, Government Relations and Public Affairs | – | – | – |
| Loudette Anne M. Zoilo | Vice President, Human Resources | 705 800 | – | – |
| Nancy Kathleen S. Roxas | Vice President, Treasury | – | – | – |
| Maricris A. Ysmael | Vice President, Investor Relations | – | – | – |
| Marisa V. Condé | Vice President – Technical Finance, Head of Data Privacy | – | – | – |
| Ryan Jerome T. Chua | Vice President, Business Development | 40,000 | – | – |
| Kristine Pineda-Fragante | Assistant Vice President – Reporting and Financial Planning | 310,600 | – | – |
| Francis Alvin V. Asilo | Assistant Vice President – Legal | 11,000 | – | – |
| Mom. Clarice U. Marucut | Assistant Vice President – Business Development | – | – | – |
| Mom. Joanna Carmela P. Sanalila | Internal Audit Manager | 6,300 | – | – |
List of committees and members
|
Name of committees |
Members |
Committee Position/Designation |
| Audit Committee | Pedro E. Roxas | President |
| Audit Committee | Artemio V. Panganiban | Member |
| Audit Committee | Francisco C. Sebastian | Member |
| Audit Committee | Ricardo M. Pilares III | Committee Secretary |
| Risk Management Committee | Artemio V. Panganiban | President |
| Risk Management Committee | Pedro E. Roxas | Member |
| Risk Management Committee | Alfred V. Ty | Member |
| Risk Management Committee | Ricardo M. Pilares III | Committee Secretary |
| Compensation Committee | Albert F. Del Rosario | President |
| Compensation Committee | Pedro E. Roxas | Member |
| Compensation Committee | Jose Ma.K.Lim | Member |
| Compensation Committee | Ricardo M. Pilares III | Committee Secretary |
| Appointments Committee | Christopher H. Young | President |
| Appointments Committee | Albert F. Del Rosario | Member |
| Appointments Committee | Prof. Roberto C. Yap, SJ | Member |
| Appointments Committee | Manuel V. Pangilinan | Non-voting member |
| Appointments Committee | Ricardo M. Pilares III | Committee Secretary |
| Governance and Sustainability Committee | Prof. Roberto C. Yap, SJ | President |
| Governance and Sustainability Committee | Artemio V. Panganiban | Member |
| Governance and Sustainability Committee | Oscar J. Hilado | Member |
| Governance and Sustainability Committee | Ricardo M. Pilares III | Committee Secretary |
| Finance Committee | Oscar J. Hilado | President |
| Finance Committee | Artemio V. Panganiban | Member |
| Finance Committee | Christopher H. Young | Member |
| Finance Committee | Francisco C. Sebastian | Member |
| Finance Committee | Manuel V. Pangilinan | Member |
| Finance Committee | June Cheryl A. Cabal-Revilla | Substitute member |
| Finance Committee | Ricardo M. Pilares III | Committee Secretary |
|
List of other material resolutions, transactions and corporate actions approved by the Board of Directors |
|
At MPIC’s annual shareholders’ meeting held on May 27, 2022, the shareholders ratified and confirmed all the acts performed or caused to be performed by the board of directors and management during the financial year ended December 31, 2021 and approved the renewal of the mandate of SGV & Co. as external auditors of MPIC for the year 2022. |
|
Other relevant information |
|
Please see the accompanying disclosure filed with the SEC. |
|
Last name |
RICARDO III PILARES |
|
Designation |
Vice President, Legal Affairs and Compliance |
Disclaimer
Metro Pacific Investments Corp. published this content on May 27, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on May 27, 2022 07:07:25 UTC.
Public now 2022
|
|
|
|
|
|
|
||||
|
||||
Trends in Technical Analysis METRO PACIFIC INVESTMENTS CORPORATION
| Short term | Middle term | Long term | |
| Tendencies | Neutral | Neutral | Neutral |
Evolution of the income statement
|
Sale  To buy |
|
| Medium consensus | TO BUY |
| Number of analysts | 6 |
| Last closing price | PHP3.87 |
| Average target price | PHP 5.69 |
| Average Spread / Target | 47.1% |
