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

168063

3. BIR Tax Identification No.

000-065-142-000

4. Exact name of issuer as specified in its charter

PRYCE CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

17th flr., Pryce Center, Chino Roces, cor. Bagtikan St., Makati City Postal Code 1203

8. Issuer's telephone number, including area code

(+632) 8 899 4401

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

-

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	1,918,843,669
Treasury	105,656,331

11. Indicate the item numbers reported herein

Item 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.

Pryce CorporationPPC

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
Board-Approved Study on Spin off of Pryce Corporation's Memorial Park Business
Background/Description of the Disclosure
The Board of Pryce Corporation approved an initiative to study the spinning off of its Memorial Park Business. The spun-off company will be tentatively named Pryce Memorial Park, Incorporated (or “PMPI”) and will have a separate management structure. This will entail the transfer of all memorial park properties and improvements thereon to PMPI. It is believed that the spun-off entity will achieve a sharper business focus, enhance the business, and could lead to further unlocking the potentials of the memorial park business. Further, the Board also approved an action for management to identify or look for a solar energy firm with whom the Company could partner and study the viability of putting up solar power stations in the Company’s land-banked properties.
Other Relevant Information
Please see the attached Letter to Exchange.