Disclosure and Transparency

OWNERSHIP STRUCTURE

Ayala Corporation is incorporated in the Republic of the Philippines and has a registered office address and principal place of business in 32F to 35F, Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City. The company is a publicly listed company with the following ownership structure:

 

Shareholder Number of Common Shares % Outstanding Common Shares
Mermac, Inc.

PCD Nominee Corporation
(Non-Filipino)

PCD Nominee Corporation
(Filipino)


Mitsubishi Corporation

303,689,196

151,493,460


79,698,716

63,077,540

48.9643%

24.4255%


12.8499%

10.1701%
 

As of December 31, 2016

STAKEHOLDER COMMUNICATIONS

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

a. Structured and unstructured corporate disclosures
b. Company website
c. Analysts’ briefings
d. Press releases
e. Press briefings
f. One-on-one meetings between company officers and analysts/institutional investors
g. Annual report
h. International and local investor conferences
i. International non-deal road shows
j. Stockholders’ meeting
k. Conference calls
l.Email alerts

The company’s Annual Report discloses key risks, corporate objectives, financial and non- financial performance indicators, dividend policy, whistle-blowing policy, profiles, meeting attendance and continuing education of board directors, information on remuneration of the CEO and board, and external auditor’s fee. The Annual Report is given to shareholders at the annual meeting and is also available online at: http://www.ayala.com.ph/investor_relations/page/annual-reports.

RELATED PARTY TRANSACTIONS

Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Parties are also considered to be related if they are subject to common control or common significant influence which include affiliates. Related parties may be individuals or corporate entities.

In the ordinary course of business, the Group transacts with its related parties. Details of the company’s Related Party Transactions are disclosed in the Financial Statements of the Annual Report and in Section I of the company’s Annual Corporate Governance Report.

CONTENT AND TIMING OF DISCLOSURES

Ayala updates the investing public with strategic, operating, and financial information through adequate and timely disclosures filed with the SEC and PSE. These disclosures are readily available in the company’s website.

Aside from compliance with periodic reporting requirements, Ayala promptly discloses major and market-sensitive information such as dividend declarations, joint ventures and acquisitions, the sale and disposition of significant assets, and other information that may affect the decision of the investing public.

  • Real Estate
  • Water Infrastructures
  • Energy
  • Social Commitment
  • Financial Services
  • Electronic Manufacturing
  • Transport Infrastructure
  • Telecommunications
  • BPO and Education
  • Automotive