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GMA Network statement on the PDR issue

Published June 11, 2020 6:46 PM PHT

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GMA Network maintains the legality of its issuance of Philippine Depositary Receipts or PDRs, and will fully comply and submit the necessary documents requested by the House of Representatives.

GMA Network maintains the legality of its issuance of Philippine Depositary Receipts or PDRs, and that this was done in compliance with the regulations of the Securities and Exchange Commission and of the Philippine Stock Exchange.

The Network will fully comply and submit the necessary documents as requested in the House of Representatives' committee hearing held today, June 11, 2020.