Disclosure and Transparency

Governance  >  Annual Corporate Governance Report  > Disclosure and Transparency

I . OWNERSHIP STRUCTURE

Holding 5% shareholding or more as of March 31, 2019

 

Shareholder

Number of Shares

Percent*

Beneficial Owner

Mermac, Inc.

Common-296,625,706

Voting Preferred- 170,809,486

56.27%

Mermac, Inc.

PCD Nominee Corporation (Non-Filipino)

Common- 179,323,529

21.59%

PCD Participants acting for themselves or for their customers

PCD Nominee Corporation (Filipino)

Common- 91,285,373

10.99%

PCD Participants acting for themselves or for their customers

Mitsubishi Corporation

Common- 41,577,540

Voting Preferred- 21,514,970

7.60%

Mitsubishi Corporation

*of outstanding voting shares
 

Shareholdings of Officers as of March 31, 2019  

Please refer to our public ownership report as of March 31, 2019 for the shareholdings of our directors and key officers. 

https://www.ayala.com.ph/sites/default/files/disclosures/PSE-BIR-Public%20Ownership%20Report%20as%20of%20March%2031%2C%202019.pdf

All directors and officers from Managing Directors and above, and the Controllers, Chief Internal Auditor, Chief Risk Officer, Treasurer, Corporate Secretary and Assistant Corporate Secretary, shall report their trades to the Office of the Compliance Officer within three (3) business days from dealing with such securities. All other officers and employees shall likewise report to the Office of the Compliance Officer within ten (10) days from the end of each quarter their trades with Ayala securities during such quarter.

 

II. ANNUAL REPORT DISCLOSURES 

The annual report disclosed the following:

Key risks

Biographical details of directors/commissioners

Corporate objectives

Training and/or continuing education program attended by each director/commissioner

Financial performance indicators

Number of board meetings held during the year

Non-financial performance indicators

Attendance of each director in respect of meetings held

Dividend policy

Details of whistle-blowing policy

 

 

 
 

External Auditor’s Fee* for the Year 2018

 

Name of auditor

Audit Fee

Audit Related Fee

Non-audit Fee

Sycip, Gorres, Velayo & Co.

P5.99million

P4.93million

P0.12million

 *inclusive of VAT

 

III. MEDIUM OF COMMUNICATIONS

Ayala employs the following modes of communication for disseminating corporate developments and financial and operational results on a regular basis to its stakeholders:

Structured and unstructured corporate disclosures

One-on-one meetings between company officers and analysts/institutional investors

Company website

Annual report

Analysts’ briefings

International and local investor conferences

Press releases

International non-deal roadshows

Press briefings

Stockholders’ meeting

Conference calls

Email alerts

Mobile Application  

 

 

 

 

 

 
Date of Release of Audited Financial Statements 
 

2017 Audited FS - March 16, 2018

2018 Audited FS- March 22, 2019

 

V.  COMPANY WEBSITE

The companywebsite discloses up-to-date information about the following

  • Business operations
  • Financial statements/reports (current and prior years)
  • Materials provided in briefings to analysts and media
  • Shareholding structure
  • Group corporate structure
  • Downloadable annual report
  • Notice of AGM and/or EGM
  • Company's constitution (company's by-laws, memorandum and articles of association)

 

VI. RELATED PARTY TRANSACTIONS 

The Related Party Transactions of the Company are disclosed in the audited financial statements.

 
Top
Top

Copyright © 2017, Ayala Corporation

privacy | terms of use