C06870-2016

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 8, 2016
2. SEC Identification Number
A200110402
3. BIR Tax Identification No.
213-054-503
4. Exact name of issuer as specified in its charter
SBS PHILIPPINES CORPORATION
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105
8. Issuer's telephone number, including area code
(02) 371 1111
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 1,200,000,000,000
11. Indicate the item numbers reported herein
Item 9: Other events

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.

SBS Philippines CorporationSBS

PSE Disclosure Form 13-1 - Change in Shareholdings of
Directors and Principal Officers References: SRC Rule 23 (SEC Form 23-B) and
Section 13 of the Revised Disclosure Rules

Subject of the Disclosure

Changes in the shareholdings of Mr. Necisto U. Sytengco, Chairman of the Board of SBS Philippines Corporation

Background/Description of the Disclosure

Changes in the indirect interests of Mr. Necisto U. Sytengco as a result of share acquisitions

Name of Person MR. NECISTO U. SYTENGCO
Position/Designation CHAIRMAN OF THE BOARD
For Equity Securities
Type of Security / Stock Symbol Date of Transaction Securities Acquired (A) or Disposed (D) Ownership Form Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Number of Shares (A) or (D) Price per Share
SBS Dec 6, 2016 30,085 A 5.39 I Held by a corporation of which officer is a controlling shareholder (Swan Insurance Agency Corporation)
SBS Dec 6, 2016 32,400 A 5.25 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 17,000 A 5.26 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 14,000 A 5.27 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 22,000 A 5.28 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 19,800 A 5.29 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 25,000 A 5.30 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 25,000 A 5.31 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 7,000 A 5.32 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 25,000 A 5.33 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 30,000 A 5.34 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 22,000 A 5.35 I Held by a member of officer's immediate family sharing the same household
SBS Dec 6, 2016 75,000 A 5.42 I Held by a member of officer's immediate family sharing the same household
Number of Shares Owned after the Transaction
Direct 42,254,600
Indirect 432,860,040
Filed on behalf by:
Name Regina Simona De Guzman
Designation Corporate Secretary and Compliance Officer