C03169-2020

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
May 4, 2020
2. SEC Identification Number
39274
3. BIR Tax Identification No.
000-506-020-000
4. Exact name of issuer as specified in its charter
AC Energy Philippines, Inc.
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
4th Floor, 6750 Office Tower, Ayala Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(02) 7730 6300
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares 7,508,174,922
Amount of Debt Outstanding 3Q 2019 (in billions) 3.63
11. Indicate the item numbers reported herein
N/A

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

AC Energy Philippines, Inc.ACEPH

PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules

Subject of the Disclosure

Share Buy-Back Transaction of ACEPH Shares
Background/Description of the Disclosure

On 18 March 2020, the Board of Directors of the Company approved a share buy-back program to support share prices through the repurchase in the open market of up to PhP1 billion worth of common shares beginning 24 March 2020.

Type of Securities

Details of Share Buy-Back Transaction(s)
Date of Transaction Number of Shares Purchased Price Per Share
May 4, 2020 200,000 2.19
May 4, 2020 1,000,000 2.20
1,200,000
Effects on Number of Shares
Before After
Outstanding Shares 7,509,374,922 7,508,174,922
Treasury Shares 12,400,000 13,600,000
Cumulative Number of Shares Purchased to Date 1 13,600,000
Total Amount Appropriated for the Buy-Back Program 1,000,000,000
Total Amount of Shares Repurchased 26,690,240.00
Other Relevant Information

-

1 From the date when the share buy-back program commenced.

Filed on behalf by:
Name Alan Ascalon
Designation Vice President/ Asst. Corporate Secretary