UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2019

(Commission File No. 1-03006)

PLDT Inc.

(Translation of registrant’s name into English)

Ramon Cojuangco Building

Makati Avenue

Makati City

Philippines

(Address of registrant’s principal executive office)

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 ☒  Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1):

    Yes  ☐    No  ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7):

    Yes  ☐    No  ☒

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

    Yes  ☐    No  ☒

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, 2018. 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.

1

EXHIBIT INDEX

Copies of the disclosure letters that we filed today with the Securities and Exchange Commission and the Philippine Stock Exchange regarding the following matters:

2

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, thereto duly authorized.

Date: November 7, 2019

3

Exhibit 99.1

EXHIBITS

November 7, 2019

Philippine Stock Exchange

6/F Philippine Stock Exchange Tower

28^th Street corner 5^th Avenue

Bonifacio Global City, Taguig City

Head - Disclosure Department

Gentlemen:

In accordance with Section 17.1 (b) and Section 17.3 of the Securities Regulation Code, we submit herewith a copy of SEC Form 17-C with a press release attached thereto regarding the Company’s unaudited consolidated financial results for the nine (9) months ended September 30, 2019.

This shall also serve as the disclosure letter for the purpose of complying with PSE Revised Disclosure Rules.

Very truly yours,

/s/Florentino D. Mabasa, Jr.

FLORENTINO D. MABASA, JR.

Assistant Corporate Secretary

November 7, 2019

Securities & Exchange Commission

Secretariat Building, PICC Complex

Roxas Boulevard, Pasay City

Director – Markets and Securities Regulation Dept.

Gentlemen:

In accordance with Section 17.1 (b) of Securities Regulation Code and SRC Rule 17.1.1.1.3(a), we submit herewith two (2) copies of SEC Form 17-C with a press release attached thereto regarding the Company’s unaudited consolidated financial results for the nine (9) months ended September 30, 2019.

Very truly yours,

/s/Florentino D. Mabasa, Jr.

FLORENTINO D. MABASA, JR.

Assistant Corporate Secretary

COVER SHEET

Company Name

Principal Office (No./Street/Barangay/City/Town/Province)

COMPANY INFORMATION

CONTACT PERSON INFORMATION
The designated contact person MUST be an Officer of the Corporation

Note:  In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.

SECURITIES AND EXCHANGE COMMISSION

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.1

SERVICE REVENUES RISE 8% TO Php116.3 BILLION – HIGHEST NINE MONTH REVENUE LEVEL SINCE PEAK IN 2014

THIRD QUARTER SERVICE REVENUES UP 9% YEAR-ON-YEAR

EXCLUDING INTERNATIONAL,

SERVICE REVENUES GREW 11% TO Php109.4 BILLION

– ANOTHER RECORD HIGH

CONSUMER WIRELESS REVENUES ROSE 21% IN 3Q19 RESULTING IN A 20% RISE IN 9M19 REVENUES OF Php52.6 BILLION

DATA/BROADBAND NOW 70% OF CONSUMER AND ENTERPRISE REVENUES

MOBILE INTERNET REVENUES UP 47% IN 9M19

MOBILE DATA TRAFFIC HIT 1.1 EXABYTES (1106 PB) IN 9M19, DOUBLE 9M18

3Q19 MOBILE DATA TRAFFIC 20% HIGHER THAN 2Q19

AND 83% UP VS 3Q18

HOME REVENUES RISE 2% TO Php27.6 BILLION

RECONFIGURED HOME OPERATIONS WELL POSITIONED FOR STRONG 2020 GROWTH

ENTERPRISE BUSINESS MAKING STEADY PROGRESS WITH 6% INCREASE IN REVENUES TO Php29.2 BILLION

ICT/DATA CENTER REVENUES UP 20%

EBITDA OF PhP60.3 BILLION IN 9M19 HIGHER BY 16% VS LAST YEAR

MARGIN AT 51%

3Q19 EBITDA – HIGHEST SINCE 2Q13 –

UP 19% FROM 3Q18 AND 2% FROM 2Q19

TELCO CORE INCOME OF Php19.4 BILLION – 1% HIGHER THAN 9M18

GUIDANCE OF Php26.4 BILLION AFFIRMED

CAPEX OF Php53.4 BILLION AT END SEPTEMBER 2019

PLDT AND SMART NETWORK BESTED COMPETITION IN VIDEO EXPERIENCE, DOWNLOAD AND UPLOAD SPEED AND LATENCY, TIED FOR COVERAGE

     MANILA, Philippines 7th November 2019 – PLDT Inc. (“PLDT”) (PSE: TEL) (NYSE: PHI) announced today its unaudited financial and operating results for the first nine (9) months of 2019 with Consolidated Service Revenues (net of interconnection costs) rising

8% year-on-year to Php116.3 billion. This is the highest 9-month revenue level ever attained by PLDT, surpassing the previous peak in 2014. Third quarter service revenues rose to Php39.6 billion or 9% higher than the same period in 2018, representing four quarter-on-quarter increases from the third quarter of 2018.

The Company’s three major business groups -- Consumer Wireless, PLDT Home and PLDT Enterprise – generated Php109.4 billion in revenues, 11% higher year-on-year and making up 94% of total service revenues.  As in the previous quarter, Consumer Wireless set the pace, climbing by 20% to Php52.6 billion.

Data and Broadband, now 66% of total service revenues, continued to grow briskly, reaching Php76.7 billion, up 20% from the prior year.  

Consolidated EBITDA sustained its double-digit growth, up 16% versus 9M2018 to Php60.3 billion, mainly due to the combined impact of higher service revenues and lower cash opex. EBITDA margin rose to 51%.  Both EBITDA and the EBITDA margin exclude the costs of the manpower rightsizing program (MRP) and reflect the impact of PFRS16, the new accounting standard for leases which took effect on 1 January 2019. For the third quarter of 2019, EBITDA stood at Php20.4 billion, 19% higher year-on-year, and now the highest EBITDA for the quarter since the second quarter of 2013.

Telco Core Income amounted to Php19.4 billion, up 1% from last year.  This excludes the impact of equity in losses from Voyager, and gains from the sale of Rocket Internet shares.  Reported Net Income was lower by 2% year-on-year at Php16.0 billion due to higher MRP expenses and lower gains from the sale of Rocket Internet shares.

Consolidated Net Debt stood at US$2,919 million whilst net debt-to-EBITDA was at 2.0x. Gross Debt stood at US$3,451 million, of which 10% is US dollar-denominated. Only 6% of total debt is unhedged. Post-interest rate swaps, about 89% are fixed-rate loans while 11% are floating-rate loans. The average interest cost (pre-tax) was at 4.8% compared to 4.5% for the full year 2018.

“By posting its highest-ever nine-month revenues, PLDT is providing more evidence that it is firmly back on the growth path.  It is worth noting that we have started to make inroads in recovering market share in revenue terms in the mobile business in the last two quarters, indicating that we have reached a turning point,” said Manuel V. Pangilinan, Chairman, President and Chief Executive Officer of PLDT.

“Our efforts are now focused on building on the momentum achieved thus far which means continuing to level up our game to better address the rapidly evolving needs of our individual and corporate customers,” he added.

First video, now games power Consumer Wireless growth

The Consumer Wireless business accelerated its growth momentum, with its third quarter revenues in 2019 reaching Php18.2 billion, up 21% compared to the same period last year.  This resulted in a 20% year-on-year rise in revenues to Php52.6 billion, of which 68% are from data.    

Building on the success of its free YouTube promo and other data-centric offers, Smart ramped up its efforts to drive LTE adoption and usage by continuing to promote mobile video viewing and stepping up activities to meet the rising demand for mobile games.

As a result, mobile internet revenues jumped 47% year-on-year, with mobile internet traffic having risen to 1,106 PB or 1.1 Exabytes for the first nine months of 2019.  This represents a doubling of traffic from 9M 2018.  In the third quarter alone, mobile internet traffic hit 437 PB, 20% higher than 2Q19 and 83% higher versus the same period last year.  This is made possible by the significantly improved PLDT-Smart network that is able to fully support the exponential growth in mobile data traffic.

In late June, Smart launched its Free YouTube for All promo which offered one hour or 1 GB of video viewing per day via various video apps like YouTube, iflix, iWant, NBA and Cignal Play. Coming closely after the original Free YouTube promo, this new offer broadened the range of available video content. Shortly after, Smart introduced a new promo called Giga Stories which offered 2 GB of data with additional 1 GB for TikTok, Instagram, and Facebook, all for Php99.

At the same time, Smart redoubled efforts to encourage its subscribers to move up to LTE by offering 30 days of Free YouTube for those who upgraded to an LTE SIM, and 60 days of Free YouTube for those who moved up to an LTE smartphone.  As a result of these efforts and continued improvement of Smart’s LTE service, the number of LTE data users jumped 82% from a year ago.  At the end of September, close to 70% of handsets on the network are LTE/3G capable.

“By encouraging our customers to shift to LTE, we can achieve our critical goal of providing them the best customer experience. Given the clear superiority of our LTE networks, our customers can pursue their digital passions and enjoy the best online video and mobile games experience,” said Alfredo S. Panlilio, President and CEO of Smart Communications and Executive Vice President and Chief Revenue Officer of PLDT.

Indeed, the outlook for mobile games has turned even brighter as the number of customers playing games such as Mobile Legends continued to rise sharply.  Moreover, the standing of mobile games has levelled up with the establishment of e-sports leagues in the Philippines.

Earlier this year, Smart partnered with Cignal to launch The Nationals, the first franchise-based e-sports league in the country.  The PLDT-Smart Omega team won the championship in that competition.  Its players are now training as part of the Philippine national e-sports team SIBOL which will compete in the upcoming South East Asian

games in December.  This is the first time in the world that e-sports will be officially part of an international athletic competition.

“Mobile games are at a tipping point, and we are giving e-sports the big boost that will make it soar.  For example, we will soon be holding the biggest National Mobile Legends Tournament in Asia with a prize pool of Php20 million,” said Oscar A. Reyes Jr., PLDT Senior Vice President for Consumer Business – Individual Group.

PLDT Home positioned for a stronger 2020

PLDT Home’s revenues, 77% of which were from data/broadband, grew by 2% to Php27.6 billion in the first nine months of 2019, despite continuing operational challenges due to the ongoing transition to a new installation and repair set-up.  The Home service organization focused its efforts on reconfiguring its systems and processes from end-to-end to provide a stronger foundation for growth in 2020.

Fiber-to-the-home continued to be the flagship home broadband offering as it offers the best customer experience.  Given its extensive and robust fixed line network, PLDT continues to enjoy a commanding lead in home broadband.

To complement its fiber services, PLDT Home strengthened its fixed wireless services for both postpaid and prepaid customers.  Starting late in the third quarter of 2019, these services became available nationwide, ably supported by the LTE network of Smart which has consistently won recognition from several international internet analytics firms for being the country’s fastest wireless internet network.

“We used the latter part of the third quarter to review and evaluate operational gaps and to prepare for stronger growth moving forward.  Taking off from the lessons learned, we have launched a turnaround plan dubbed ‘October Rising’ that aimed to boost new connects, increase the number of upgrades, speed up repairs for existing customers, and significantly reduce churn. The results for the month of October are promising.  This has bolstered our confidence in our ability to achieve even better results in the coming months,” said Butch Jimenez, Senior Vice President for the PLDT Home Business.

“Moreover, moving forward, PLDT Home now has a full suite of strong products – fiber, fixed wireless postpaid and fixed wireless prepaid – addressing all market segments for home broadband services, utilizing the most extensive and fastest fixed and mobile networks in the country,” he added.

ICT services continue to power Enterprise growth

The Enterprise Business Group continued to make steady progress, generating Php29.2 billion in revenues, a 6% increase in first nine months of 2019 versus last year, with data generating over two-thirds of revenues.

Fixed line revenues continued to grow, up 3% to Php21.3 billion, on the back of rising demand for fiber-based services (broadband and networking).  Wireless revenues grew 11% to Php4.7 billion, lifted not only by the 6% growth in postpaid but also the rise in revenues generated by mobile platforms (up 49%) and Internet of Things (IoT) applications (up 17%).  Total IoT connections reached over 500,000.

The ICT business of PLDT Enterprise grew 20% to Php3.1 billion, twice the market growth rate.  This has been powered by the rise in Cloud and Cybersecurity services which grew year-on-year by 78% and 128%, respectively.

Foreign companies keen on doing business in the Philippines have also taken notice of the wide range of solutions offered by PLDT Enterprise. ICT revenues from servicing companies in Hong Kong, China, Singapore, US, and more registered 56% year-on-year growth.

“Over the last few years, we have reorganized and strengthened our teams as well as expanded our product portfolio to go beyond access and connectivity. This is in line with our thrust to be the preferred ICT partner of choice of businesses, be it small to medium or large corporate enterprises. This approach continues to pay off for us as we have been consistently outpacing the growth of the market,” said Jovy Hernandez, Senior Vice President and Head of PLDT Enterprise.

Again, the fastest and soon, the widest mobile data network too

The sustained growth in the company’s service revenues has been powered by the continuing improvements in the service quality of the fixed and mobile networks of PLDT and Smart as confirmed by independent international firms conducting internet testing and analysis.

In its latest report on the Philippines released in September 2019, mobile internet analytics firm OpenSignal said that Smart had won again in four categories—Video Experience, Download Speed Experience, Upload Speed Experience and Latency Experience—and – again – scored a draw in 4G Availability.

Based on the Open Signal report: “In terms of video experience, Smart beat Globe with a score of 47.6 against 30.4, meaning Smart subscribers have a better experience watching videos with reasonable load times and minimal stalling despite low resolutions.”  As for Globe, the report said that subscribers “will struggle to get anything close to an acceptable Video Experience.”

“That means we have more than surpassed competition in terms of network quality in the Philippines, and now effectively erased the advantage that the competition used to have in terms of 4G or LTE coverage.  Not only are we now poised to take the lead in coverage as well, we are aiming to level up our network quality to be comparable with other telcos outside the Philippines,” said Mario G. Tamayo, Senior Vice President for Network Planning and Engineering for PLDT and Smart.

OpenSignal’s report covered the period May 1 to July 29, 2019 and analyzed over 533 million measurements from over 190,000 devices.

Smart’s continuing roll-out of its 4G and 3G base stations has made possible these gains in mobile service quality and coverage.  In the first nine months of 2019, Smart increased the number of its 4G base stations by about 5,500 from end-2018 to about 21,700.

Meantime, PLDT further expanded the coverage of its fiber fixed broadband network by 12% versus end-2018 to 7.1 million homes.  The total available fiber-powered ports for customers had reached about 1.7 million by end-September 2019.  Moreover, the total footprint of PLDT’s transmission and distribution network grew 26% versus end-2018 to nearly 307,000 kilometers of fiber cables.

This sustained improvement in the PLDT network has been supported by PLDT’s stepped up capital expenditures program spanning several years.  Of Php78.4 billion earmarked for capex in 2019, total capex amounted to Php53.4 billion in the first nine months of 2019.

About 75% of the capex has been poured into network and IT systems which includes investments in increased LTE coverage and capacity, expanded fiber transport to support both fixed broadband and mobile data, and new international cable networks.

This capex program also includes the roll-out of last mile installation and customer premises equipment for fixed broadband, investments to support the restructured installation and repair operations of PLDT Home, as well as the expansion of the data center network of PLDT Enterprise.

Conclusion

“With two-thirds – and growing – of our revenues now coming from data and broadband, we have made significant progress in the digital transformation of our business. Data will continue to be the main driver of the business, with the ability to provide superior customer experience being the key to market leadership, and our best defense against competition.

“Connectivity plays a big part in the delivery of CX, with content and applications helping entrench the data habit and in building customer loyalty.  Over the past few years, both PLDT and Smart have boosted revenues by addressing Filipinos’ love of online video, and, more recently, their growing passion for online games and e-sports. To support this, we continue to invest significantly in our fixed and mobile networks, and, in our IT platforms and systems so that PLDT and Smart can provide our customers with unparalleled customer experience.  These initiatives have sustained our growth momentum, particularly of our Consumer Wireless Business which has made a strong recovery registering double-digit growth.  Given this, we remain confident that we shall achieve our guidance for full-year telco core income of Php26.4 billion,” concluded Pangilinan.

###

PLDT INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(in million pesos)

PLDT INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (continued)

(in million pesos)

PLDT INC. AND SUBSIDIARIES

CONSOLIDATED INCOME STATEMENTS

For the Nine Months Ended September 30, 2019 and 2018

(in million pesos, except earnings per common share amounts which are in pesos)

Certain amounts in 2018 were reclassified to conform with the current presentation

This press release may contain some statements which constitute “forward-looking statements” that are subject to a number of risks and uncertainties that could affect PLDT’s business and results of operations. Although PLDT believes that expectations reflected in any forward-looking statements are reasonable, it can give no guarantee of future performance, action or events.

For further information, please contact:

About PLDT

PLDT is the leading telecommunications provider in the Philippines. Through its principal business groups – fixed line and wireless– PLDT offers a wide range of telecommunications services across the Philippines’ most extensive fiber optic backbone and fixed line, and mobile network.

PLDT is listed on the Philippine Stock Exchange (PSE: TEL) and its American Depositary Shares are listed on the New York Stock Exchange (NYSE:PHI).  PLDT has one of the largest market capitalizations among Philippine listed companies.

Further information can be obtained by visiting the web at www.pldt.com.

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.

Date:  November 7, 2019

Exhibit 99.2

November 7, 2019

Philippine Stock Exchange

6/F Philippine Stock Exchange Tower

28^th Street corner 5^th Avenue

Bonifacio Global City, Taguig City

Head, Disclosure Department

Gentlemen:

In compliance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1.1.1.3(b).2, we submit herewith a copy of SEC Form 17-C with respect to certain discloseable events/information.

This shall also serve as the disclosure letter for the purpose of complying with PSE Revised Disclosure Rules.

Very truly yours,

/s/Florentino D. Mabasa, Jr.___

FLORENTINO D. MABASA, JR.

Assistant Corporate Secretary

Page 1 of 7

November 7, 2019

Securities & Exchange Commission

Secretariat Building, PICC Complex

Roxas Boulevard, Pasay City

Director – Markets and Securities Regulation Dept.

Gentlemen:

In compliance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1.1.1.3(a), we submit herewith two (2) copies of SEC Form 17-C with respect to certain discloseable events/information.

Very truly yours,

/s/Florentino D. Mabasa, Jr.___

FLORENTINO D. MABASA, JR.

Assistant Corporate Secretary

Page 2 of 7

COVER SHEET

Company Name

Principal Office (No./Street/Barangay/City/Town/Province)

COMPANY INFORMATION

CONTACT PERSON INFORMATION
The designated contact person MUST be an Officer of the Corporation

Note:  In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.

Page 3 of 7

SECURITIES AND EXCHANGE COMMISSION

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.1

Page 4 of 7

11.  Item 4 (Resignation, Removal or Election of Directors or Officers) and Item 9 (Other Events)

We disclose that at the meeting of the Board of Directors of PLDT Inc. (respectively, the “Board” and the “Company”) held on November 7, 2019:

Ms. Mary Julie C. Carceller has over 20 years of experience in customer experience, marketing programmes, and business markets. She served as Vice President of Smart for: (a) Multi-Segment Marketing from 2016 to 2017, (b) Smart Infinity from 2006 to 2017, and (c) Corporate Business Group and PR Management Group from 2002 to 2006. She obtained her Bachelor of Arts Degree in Mass Communications, Major in Marketing, Advertising, and Public Relations from the Assumption College. She attended the Advance Management Program of The Wharton School of Business, University of Pennsylvania.  

Mr. Christopher Almazan has over 16 years of experience in consumer electronics and FMCG industry in Southeast Asia & Oceania region. Prior to joining PLDT in September 2019, he was the Head of Regional Retail Innovation, Southeast Asia & Oceania-Mobile Business Division, Regional Headquarters of Samsung Asia Pte., Ltd. He also served as Senior Global Retail Strategist-Mobile Business Division, Retail Team-Strategic Marketing Office (Global Headquarters), Mobile Communications Division of Samsung Electronics Co., Ltd. from April 2017 to April 2018, Head of Retail Marketing and Customer Excellence, IT & Mobile Business of Samsung Vina Electronics Co., Ltd from October 2013 to April 2017, and Senior Regional Retail Marketing Manager, Southeast Asia & Oceania-IT & Mobile Business Regional Headquarters of Samsung Asia Pte, Ltd. from April 2013 to October 2013. He obtained his Bachelor of Science Degree in Commerce, Major in Business Management and Entrepreneurship from San Beda College. He has a Postgraduate Degree in Strategy and Innovation from the University of Oxford and a Master of Science Degree in Marketing from De La Salle University.

Mr. Mitchie M. Arcaina served as an Assistant Vice President of Maynilad Water Services, Inc. for Human Resources from May 2016 to June 2017, and as a Senior Manager for Learning and Organization Development from October 2007 to May 2015. He also served as Head of Training and Development of Diversified Technology Systems Incorporated from October 2006 to October 2007. He obtained his Bachelor of Arts Degree in Speech Communication from the University of the Philippines, Master of Business Administration from Ateneo de Manila University and Regis University in Denver, Colorado, U.S.A., and Master of Science in International Human Resource Management and Comparative Industrial Relations with CIPD from University of Manchester, United Kingdom.    

Page 5 of 7

Mr. Aniceto M. Franco III worked as a company consultant on sales, marketing & business development from February 2016 to January 2017. Prior to that, he was the Vice President for Sales and Distribution, Distribution and Access Group of ABS-CBN Corporation from January 2014 to January 2016, Vice President and Group Head for Bayan Sales Group of Bayan Telecommunications, Inc. from 2011 to December 2013, and Vice President for Bayan Consumer Division of Bayan Telecommunications, Inc. from 2008 to 2010. He obtained his Bachelor of Science Degree in Business Economics, Major in Business Management from De La Salle University.

Ms. Eleanor Nadal-Wei served as Program Manager of Verizon Media (formerly Oath), Business Strategy, Partner Manager of Oath Ad Platforms (formerly Yahoo), and Platform Partner Manager of Yahoo Ad Exchange from February 2012 to July 2019. She also served as Senior Account Manager and Senior Ad Trafficker of Tribal Fusion from May 2006 to January 2012.  She obtained her Bachelor of Science Degree in Management, Major in Management of Communications Technology from Ateneo de Manila University.

The cash dividend was declared out of the unaudited unrestricted retained earnings of the Company as at June 30, 2019, which are sufficient to cover the total amount of dividend declared.

Page 6 of 7

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.

PLDT INC.

By:

/s/Florentino D. Mabasa, Jr.___

FLORENTINO D. MABASA, JR.

Assistant Corporate Secretary

November 7, 2019

Page 7 of 7

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.

Date:  November 7, 2019