C02491-2024

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)
Apr 24, 2024
2. SEC Identification Number
AS094-002365
3. BIR Tax Identification No.
003-868-048
4. Exact name of issuer as specified in its charter
SPC POWER CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7/F, BDO Towers Paseo, 8741 Paseo de Roxas, Makati City Postal Code 1209
8. Issuer's telephone number, including area code
(63 2) 8810 4474 to 77
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: Issued 1,569,491,900
Treasury 72,940,097
Outstanding 1,496,551,803
11. Indicate the item numbers reported herein
No. 9

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.

SPC Power CorporationSPC

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Sale of 29,925,000 common shares in Bohol Light Company, Inc. of SPC Power Corporation

Background/Description of the Disclosure

The SPC Board in a special board meeting on April 24, 2024 approved the sale of the Corporation’s 29,925,000 common shares in Bohol Light Company, Inc. for Php 6.67 per share to Primelectric Holdings, Inc. or in the total amount of Php 199.5 million.
The sale shall be in accordance with the terms and conditions of a Share Purchase Agreement and other definitive documents to be entered into by the parties.
Bohol Light Company Inc. is a distribution utility engaged in the distribution of electricity in Tagbilaran City, its franchise area.

Other Relevant Information

N/A

Filed on behalf by:
Name Maria Luz Caminero
Designation Senior Vice President for Legal and Regulatory Affairs