C07566-2020

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)
Oct 28, 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 13,692,457,210
Amount of Debt Outstanding 2Q 2020 (in billions) 28.97
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.ACEN

PSE Disclosure Form 10-1 - Acquisition or Disposition of Shares
by Subsidiaries/Affiliates Reference: Section 10 of the Revised Disclosure Rules

Subject of the Disclosure

Bulacan Power Generation Corporation's disposition of 3,500,000 ACEN shares

Background/Description of the Disclosure

Bulacan Power Generation Corporation ("Bulacan Power") sold today 3,500,000 shares of the Company.

Name of subsidiary and/or affiliate Bulacan Power Generation Corporation
Nature of relationship with Issuer A subsidiary of the Company
Details of the Transaction
Date of Transaction Number of Shares Acquired Number of Shares Disposed Price Per Share
Oct 28, 2020 - 659,000 3.82
Oct 28, 2020 - 897,000 3.83
Oct 28, 2020 - 423,000 3.84
Oct 28, 2020 - 337,000 3.85
Oct 28, 2020 - 321,000 3.86
Oct 28, 2020 - 863,000 3.87
Total number of shares held by the subsidiary and/or affiliate after transaction 21,321,271
Percentage to total outstanding shares 0.16
Other Relevant Information

Bulacan Power was formerly known as PHINMA Power Generation Corporation

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