SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of September 2007
Commission File Number 1-03006
Philippine Long Distance Telephone Company
(Exact Name of Registrant as Specified in Its Charter)
Ramon Cojuangco Building
Makati Avenue
Makati City
Philippines
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.)
Form 20-F Ö Form 40-F
(Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes No Ö
(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________ )
NOTE REGARDING FORWARD-LOOKING STATEMENTS
Some information in this report may contain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. We have based these forward-looking statements on our current beliefs, expectations and intentions as to facts, actions and events that will or may occur in the future. Such statements generally are identified by forward-looking words such as believe, plan, anticipate, continue, estimate, expect, may, will or other similar words.
A forward-looking statement may include a statement of the assumptions or bases underlying the forward-looking statement. We have chosen these assumptions or bases in good faith. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual results may differ materially from information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the risk factors set forth in Item 3. Key Information Risk Factors in our annual report on Form 20-F for the fiscal year ended December 31, 2006. You should also keep in mind that any forward-looking statement made by us in this report or elsewhere speaks only as at the date on which we made it. New risks and uncertainties come up from time to time, and it is impossible for us to predict these events or how they may affect us. We have no duty to, and do not intend to, update or revise the statements in this report after the date hereof. In light of these risks and uncertainties, you should keep in mind that actual results may differ materially from any forward-looking statement made in this report or elsewhere.
EXHIBITS
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1
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Copy of the disclosure letter we sent today to the Philippine Stock Exchange regarding promotion to officer rank of certain employees of the Company.
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5
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Exhibit 1
September 14, 2007
Philippine Stock Exchange
Philippine Stock Exchange Center
Exchange Road, Ortigas Center
Pasig City
Attention: Atty. Pete M. Malabanan
Head Disclosure Department
Gentlemen:
In compliance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1, we disclose that at the meeting of the Board of Directors of the Company held on September 14, 2007, the Board approved the promotion of the following persons to the positions indicated opposite their respective names effective September 14, 2007:
Name Position
1. Marco Alejandro T. Borlongan |
From Assistant Vice President, Consumer Service Delivery Center to Vice President/ Head, Consumer Service Delivery Center |
2. Amihan E. Crooc |
From Assistant Vice President, IS Application Development and Management Center to Vice President/OIC, Information Systems Sector and concurrent Head of Application Development and Management Center |
This shall also serve as the disclosure letter for the purpose of complying with the PSE Revised Disclosure Rules.
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Very truly yours,
PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
/s/ Ma. Lourdes C. Rausa-Chan MA. LOURDES C. RAUSA-CHAN Corporate Secretary |
Page 1 of 5
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Exhibit 1
September 14, 2007
Securities and Exchange Commission
SEC Building
EDSA, Mandaluyong City
Attention: Atty. Justina F. Callangan
Director, Corporation Finance Department
Gentlemen:
In accordance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1, we submit herewith five (5) copies of SEC Form 17-C regarding promotion to or within officer ranks of certain employees of Philippine Long Distance Telephone Company.
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Very truly yours,
PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
/s/ Ma. Lourdes C. Rausa-Chan MA. LOURDES C. RAUSA-CHAN Corporate Secretary |
Page 2 of 5
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Exhibit 1
COVER SHEET
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(Companys Full Name)
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(Business Address: No. Street City/Town/Province)
ATTY. MA. LOURDES C. RAUSA-CHAN |
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816-8405 |
Contact Person Company Telephone Number
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SEC FORM 17-C |
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Every 2nd Tuesday |
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Month Day FORM TYPE Month Day
Fiscal Year Annual Meeting
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Dept. Requiring this Doc Amended Articles
Number/Section
Total Amount of Borrowings
2,186,626 As of July 31, 2007 |
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Total No. of Stockholders Domestic Foreign
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To be accomplished by SEC Personnel concerned
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File Number _________________________
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Document I.D. _________________________
Cashier
STAMPS
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Remarks: Please use black ink for scanning purposes.
Page 3 of 5
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Exhibit 1
SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17-C UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.1
1. 14 September 2007
Date of Report (Date of earliest event reported)
2. SEC Identification Number PW-55
3. BIR Tax Identification No. 000-488-793
4. PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
Exact name of issuer as specified in its charter
5. PHILIPPINES 6. _____________ (SEC Use Only)
Province, country or other jurisdiction Industry Classification Code
of Incorporation
7. Ramon Cojuangco Building, Makati Avenue, Makati City 1200 Address of principal office Postal Code
8. (632) 816-8405
Issuer's telephone number, including area code
9. Not Applicable
Former name or former address, if changed since last report
10. Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act
Title of Each Class |
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding |
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_____________________________________________________________
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Page 4 of 5
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Exhibit 1
11. Item 9 (Other Events)
At the meeting of the Board of Directors of the Company held on September 14, 2007, the Board approved the promotion of the following persons to the positions indicated opposite their respective names effective September 14, 2007:
Name Position
1. Marco Alejandro T. Borlongan |
From Assistant Vice President, Consumer Service Delivery Center to Vice President/ Head, Consumer Service Delivery Center |
2. Amihan E. Crooc |
From Assistant Vice President, IS Application Development and Management Center to Vice President/OIC, Information Systems Sector and concurrent Head of Application Development and Management Center |
Pursuant to the requirements of the Securities Regulation Code, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
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PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
By:
/s/ Ma. Lourdes C. Rausa-Chan MA. LOURDES C. RAUSA-CHAN Corporate Secretary |
September 14, 2007
Page 5 of 5
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
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By : /s/ Ma. Lourdes C. Rausa-Chan Name : Ma. Lourdes C. Rausa-Chan Title : Senior Vice President, Corporate Affairs and Legal Services Head and Corporate Secretary
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Date: September 14, 2007