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)

Dec 6, 2021

2. SEC Identification Number

34218

3. BIR Tax Identification No.

000-153-610-000

4. Exact name of issuer as specified in its charter

AYALA CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

32F to 35F, Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

32F to 35F, Tower One and Exchange Plaza, Ayala Tr

9. Former name or former address, if changed since last report

(02)7908-3000

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	619,695,649
Preferred B Series 1 Shares	20,000,000
Preferred B Series 2 Shares	30,000,000
Voting Preferred Shares	200,000,000

11. Indicate the item numbers reported herein

Item 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.

Ayala CorporationAC

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
Ayala Corporation's wholly owned subsidiary, AC Energy and Infrastructure Corporation, signs share purchase agreement with Arran Investment Pte Ltd
Background/Description of the Disclosure
In relation to Ayala Corporation's disclosures dated November 12, 2020 (C07909-2020) and January 4, 2021 (C00015-2021), AC Energy and Infrastructure Corporation ("ACEIC") signed a share purchase agreement with an affiliate of GIC Private Limited, Arran Investment Pte Ltd ("Arran"), for the sale of 2,689,521,681 secondary AC Energy Corporation ("ACEN") shares at a price of PHP3.4678 per share or for a total consideration of PHP9,326,723,285.37. The sale of secondary ACEN shares to Arran is meant to implement the Investment Agreement that the parties signed on December 30, 2020 to enable Arran to own 17.5% of the outstanding capital stock of ACEN post completion of ACEN’s follow-on offering and the infusion by ACEIC of its international assets into ACEN. The price at which the secondary ACEN shares will be sold to Arran is pursuant to the pricing mechanism as agreed by the parties in their December 30, 2020 Investment Agreement, which pricing mechanism is independent of future market price movements. Completion of the sale of shares is scheduled on December 10, 2021 subject to applicable regulatory approvals.
Other Relevant Information
None