PLDT, Inc. · PSE:TEL

PLDT — Merger or Acquisition (May 2016)

11 slides from PLDT's merger presentation, May 30, 2016

  1. Slide 1: Cover letter to Philippine Stock Exchange

    YN <> PLDT May 30, 2016 Philippine Stock Exchange 3/F Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue Makati City Attention: Ms. Janet A. Encarnacion Head, Disclosure Department Gentlemen: We enclose the presentation materials in connection with the PLDT co-acquisition of Telecommunicat

  2. Slide 2: Cover letter to Securities & Exchange Commission

    WN <> PLDT May 30, 2016 Securities & Exchange Commission SEC Building, EDSA Mandaluyong City Attention: Mr. Vicente Graciano P. Felizmenio, Jr. Director — Markets and Securities Regulation Dept. Gentlemen: We enclose the presentation materials in connection with the PLDT co-acquisition of Telecommun

  3. Slide 3: SEC Cover Sheet

    COVER SHEET SEC Registration Number Piw/-|5]5 Company Name PIH/I|LJI]P]P] TINIE L/O|N|G DI I|S/TJAINIC/E TJE;LJE;/P/H/O|NJE C)/O|M/P/A/N/Y Principal Office (No./Street/Barangay/City/Town/Province) R/A|M|O|N C)/O}/J}|UIAIN/G/C|O BJU;}I/L/]D/I|N|G MIA/|K{A|T/I A|VJE|N|U/E M/A|K]A|T] I CyIITILY Form Ty

  4. Slide 4: SEC Current Report under Section 17

    10. SECURITIES AND EXCHANGE COMMISSION CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.1 May 30, 2016 Date of Report (Date of earliest event reported) SEC Identification Number PW-55 BIR Tax Identification No. 000-488-793 PHILIPPINE LONG DISTANCE TELEPHONE COMPANY E

  5. Slide 5: PLDT Co-acquisition of Telecommunications Business of San Miguel Corporation

    Delivering the total digital experience PLDT Inc. Inc. PLDT Co- Co-acquisition of Telecommunications Business of San Miguel Corporation Monday, 30th May 2016 1

  6. Slide 6: Transaction Highlights

    Transaction Highlights PLDT Investment Acquisition of 50% of the equity interest of the telecommunication business of San Miguel Corporation ("SMC"), on joint basis with Globe Telecom (“Globe”) Subject of PLDT's PLDT and Globe to acquire all share capital of Vega Telecom, which holds SMC's Investmen

  7. Slide 7: Target Group Structure

    Target Group Structure Sellers San Miguel Bow Arken Brightshare Corporation Holdings, Inc. Holdings, Inc. Vega Telecom New Century eTelco, Inc. Telecoms, Inc. Hi-Frequency Cobaltpoint Telecommunication, Telecommunications Inc. Philippines, Inc. (formerly Extelcom) Tori Spectrum Eastern Bell Telecomm

  8. Slide 8: Transaction Rationale

    Transaction Rationale Access to additional frequencies will help significantly improve internet speed, quality, and coverage Provides 700MHz will improve indoor coverage and enable faster rollout in regional and rural areas significant Attractive mobile connectivity and digital services to its consu

  9. Slide 9: Transaction Consideration

    Transaction Consideration Total Purchase Price (in P billions) PLDT's Vega Bow Arken Brightshare Total 50% Equity Interest 52.08 0.58 0.19 52.85 26.42 Assumed Liabilities 17.02 0.12 0.02 17.15 8.58 Total Consideration 69.10 0.69 0.21 70.00 35.00 50% share 34.55 0.35 0.10 35.00 Payment Schedule of Eq

  10. Slide 10: PLDT Funding Plan

    PLDT Funding Plan PLDT intends to finance the acquisition through a combination of: Proceeds from the sale of 25% of its equity interest in Beacon Electric to Metro Pacific Investments Corporation ("MPIC") for total consideration of PHP 26.2 billion MPIC will pay PHP 17.0 billion in cash immediately

  11. Slide 11: Conclusion

    Conclusion Benefits to the public: PLDT and Smart customers to experience higher call quality and faster internet and data services Speeding up of the country’s development efforts, especially in the rural areas Advantages of additional spectrum to PLDT: More efficient asset utilization Will allow P

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