USSECDIV090203

 

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

 

Report on Form 6-K dated September 2, 2003

(Commission File No. 1-15024)

 

 

 

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

(Name of Registrant)

 

Ramon Cojuangco Building

Makati Avenue, Makati City

Philippines 0721

(Address of Principal Executive Officers)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F: y Form 40-F: o

 

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: o No: y

 

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

 

Yes: o No: y

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: o No: y

 

 

 

 

 

 

 

 

 

 

 

Enclosure:

 

 

 

A copy of the disclosure letter we sent today to the Philippine Stock Exchange and the Securities and Exchange Commission regarding cash dividend declaration on the Company’s Series B, F, Q, V, Z, E, K, O and U 10% Cumulative Convertible Preferred Stock, Series III Convertible Preferred Stock, Series IV Cumulative Non-Convertible Redeemable Preferred Stock and Series V, VI and VII Convertible Preferred Stock.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 2, 2003

 

Philippine Stock Exchange

4/F Philippine Stock Exchange Center

Exchange Road, Ortigas Center

Pasig City

 

Attention: Atty. Jose G. Cervantes

Senior Vice President

 


Gentlemen:

 

In compliance with the disclosure requirements of the Philippine Stock Exchange, we advise that during the meeting of the Board of Directors of our Company on September 2, 2003, the following cash dividends were declared:

 

1.         P1.00 per outstanding share of the Company’s Series B 10% Cumulative Convertible Preferred Stock, for the annual period ending August 31, 2003, payable on September 30, 2003 to the holders of record on September 16, 2003.

 

2.         P1.00 per outstanding share of the Company’s Series F 10% Cumulative Convertible Preferred Stock, for the annual period ending August 31, 2003, payable on September 30, 2003 to the holders of record on September 16, 2003.

 

3.         P1.00 per outstanding share of the Company’s Series Q 10% Cumulative Convertible Preferred Stock, for the annual period ending August 31, 2003, payable on September 30, 2003 to the holders of record on September 16, 2003.

 

4.         P1.00 per outstanding share of the Company’s Series V 10% Cumulative Convertible Preferred Stock, for the annual period ending August 31, 2003, payable on September 30, 2003 to the holders of record on September 16, 2003.

 

5.         P1.00 per outstanding share of the Company’s Series Z 10% Cumulative Convertible Preferred Stock, for the annual period ending August 31, 2003, payable on September 30, 2003 to the holders of record on September 16, 2003.

 

6.         P1.00 per outstanding share of the Company’s Series E 10% Cumulative Convertible Preferred Stock, for the annual period ending September 30, 2003, payable on October 31, 2003 to the holders of record on September 25, 2003.

 

7.         P1.00 per outstanding share of the Company’s Series K 10% Cumulative Convertible Preferred Stock, for the annual period ending September 30, 2003, payable on October 31, 2003 to the holders of record on September 25, 2003.

 

8.         P1.00 per outstanding share of the Company’s Series O 10% Cumulative Convertible Preferred Stock, for the annual period ending September 30, 2003, payable on October 31, 2003 to the holders of record on September 25, 2003.

 

9.         P1.00 per outstanding share of the Company’s Series U 10% Cumulative Convertible Preferred Stock, for the annual period ending September 30, 2003, payable on October 31, 2003 to the holders of record on September 25, 2003.

 

10.     $1.029412 per outstanding share of the Company’s Series III Convertible Preferred Stock, payable on October 15, 2003 to the holders of record on September 25, 2003.

 

11.     P12,420,000.00 on the Company’s Series IV Cumulative Non-Convertible Redeemable Preferred Stock, payable on September 15, 2003 to the holders of record on September 12, 2003.

 

12.     P4.675 per outstanding share of the Company’s Series V Convertible Preferred Stock, payable on October 15, 2003 to the holders of record on September 19, 2003.

 

13.     $.09925 per outstanding share of the Company’s Series VI Convertible Preferred Stock, payable on October 15, 2003 to the holders of record on September 19, 2003.

 

14.     JY10.179725 per outstanding share of the Company’s Series VII Convertible Preferred Stock, payable on October 15, 2003 to the holders of record on September 19, 2003.

 

Thank you.

 

Very truly yours,

 

 

 

MA. LOURDES C. RAUSA-CHAN

Corporate Secretary

 

 

 

COVER SHEET

 

 

P

W

-

5

5

 

 

 

 

 

 

 

 

S.E.C. Registration No.

 

 

P

H

I

L

I

P

P

I

N

E

L

O

N

G

 

D

I

S

T

A

N

C

E

 

T

E

L

E

P

H

O

N

E

 

C

O

M

P

A

N

Y

 

 

 

 

 

 

(Company’s Full Name)

 

 

R

A

M

O

N

 

C

O

J

U

A

N

G

C

O

 

B

L

D

G

.

 

 

 

 

M

A

K

A

T

I

 

A

V

E

.

 

M

A

K

A

T

I

 

C

I

T

Y

(Business Address: No. Street City/Town/Province)

 

 

ATTY. MA. LOURDES C. RAUSA-CHAN

 

814-3552

Contact Person Company Telephone Number

 

1

2

 

3

1

 

DIVIDEND ADVICE

 

0

6

Every 2nd

Tuesday

 

 

Month Day FORM TYPE Month Day

Fiscal Year Annual Meeting

 

C

F

D

 

N/A

Dept. Requiring this Doc. Amended Articles Number/Section

 

Total Amount of Borrowings

2,206,877

As of June 30, 2003

 

 

N/A

 

 

N/A

Total No. of Stockholders Domestic Foreign

-------------------------------------------------------------------------------------------------------------------

To be accomplished by SEC Personnel concerned

 

 

 

 

 

 

 

 

 

 

 

File Number ____________________________________

LCU

 

 

 

 

 

 

 

 

 

 

Document I.D. ____________________________________

Cashier

 

 

 

STAMPS

 

 

Remarks: Please use black ink for scanning purposes.

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

 

 

 

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

 

 

 

 

1. September 2, 2003 __________

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 registrant as specified in its charter

 

5. Philippines ___________________________ 6. (SEC Use Only)

Province, country or other jurisdiction or Industry Classification Code:

Incorporation

 

7. Makati Avenue, Makati City, Philippines ________________ ____________________

Address of principal office Postal Code

 

8. (632) 814-3664 ___________________________________________________________________

Registrant’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

 

Title of Each Class Number of Shares of Common Stock

Outstanding and Amount of Debt Outstanding

 

____________________________________________________________________________________

 

____________________________________________________________________________________

 

____________________________________________________________________________________

 

11. Indicate the item numbers reported herein: __________ ___________________________________

 

 

 

 

 

 

 

 

 

 

 

In compliance with Section 17.1 (b) of the Securities Regulation Code, we disclose that the Board of Directors of the Company, at its meeting held on September 2, 2003 declared the following cash dividends:

 

1.      P1.00 per outstanding share of the Company’s Series B 10% Cumulative Convertible Preferred Stock, for the annual period ending August 31, 2003, payable on September 30, 2003 to the holders of record on September 16, 2003.

 

2.      P1.00 per outstanding share of the Company’s Series F 10% Cumulative Convertible Preferred Stock, for the annual period ending August 31, 2003, payable on September 30, 2003 to the holders of record on September 16, 2003.

 

3.      P1.00 per outstanding share of the Company’s Series Q 10% Cumulative Convertible Preferred Stock, for the annual period ending August 31, 2003, payable on September 30, 2003 to the holders of record on September 16, 2003.

 

4.      P1.00 per outstanding share of the Company’s Series V 10% Cumulative Convertible Preferred Stock, for the annual period ending August 31, 2003, payable on September 30, 2003 to the holders of record on September 16, 2003.

 

5.      P1.00 per outstanding share of the Company’s Series Z 10% Cumulative Convertible Preferred Stock, for the annual period ending August 31, 2003, payable on September 30, 2003 to the holders of record on September 16, 2003.

 

6.      P1.00 per outstanding share of the Company’s Series E 10% Cumulative Convertible Preferred Stock, for the annual period ending September 30, 2003, payable on October 31, 2003 to the holders of record on September 25, 2003.

 

7.      P1.00 per outstanding share of the Company’s Series K 10% Cumulative Convertible Preferred Stock, for the annual period ending September 30, 2003, payable on October 31, 2003 to the holders of record on September 25, 2003.

 

8.      P1.00 per outstanding share of the Company’s Series O 10% Cumulative Convertible Preferred Stock, for the annual period ending September 30, 2003, payable on October 31, 2003 to the holders of record on September 25, 2003.

 

9.      P1.00 per outstanding share of the Company’s Series U 10% Cumulative Convertible Preferred Stock, for the annual period ending September 30, 2003, payable on October 31, 2003 to the holders of record on September 25, 2003.

 

10.  $1.029412 per outstanding share of the Company’s Series III Convertible Preferred Stock, payable on October 15, 2003 to the holders of record on September 25, 2003.

 

11.  P12,420,000.00 on the Company’s Series IV Cumulative Non-Convertible Redeemable Preferred Stock, payable on September 15, 2003 to the holders of record on September 12, 2003.

 

12.  P4.675 per outstanding share of the Company’s Series V Convertible Preferred Stock, payable on October 15, 2003 to the holders of record on September 19, 2003.

 

13.  $.09925 per outstanding share of the Company’s Series VI Convertible Preferred Stock, payable on October 15, 2003 to the holders of record on September 19, 2003.

 

14.  JY10.179725 per outstanding share of the Company’s Series VII Convertible Preferred Stock, payable on October 15, 2003 to the holders of record on September 19, 2003.

 

 

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.

 

 

 

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

 

 

By:

 

MA. LOURDES C. RAUSA-CHAN

Corporate Secretary

 

September 2, 2003

 

 

 

 

 

 

 

SIGNATURES

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant had duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

 

 

 

By: MA. LOURDES C. RAUSA-CHAN

Corporate Secretary

 

 

 

Date: September 2, 2003