C02262-2017

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)
2. SEC Identification Number
3. BIR Tax Identification No.
4. Exact name of issuer as specified in its charter
5. Province, country or other jurisdiction of incorporation
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Postal Code
8. Issuer's telephone number, including area code
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 share 1,435,451,680
11. Indicate the item numbers reported herein

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.

PhilWeb CorporationWEB

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

Disposition of Shares by Subsidiaries

Background/Description of the Disclosure

PhilWeb Corporation, thru its subsidiary BigGame, Inc., acquired a PAGCOR e-Games site in Mandaue City from Edmundo T. Misa by giving the latter 200,000 PhilWeb Corporation common shares.

Name of subsidiary and/or affiliate
Nature of relationship with Issuer
Details of the Transaction
Date of Transaction Number of Shares Acquired Number of Shares Disposed Price Per Share
Apr 19, 2017 - 200,000 P7.95
Total number of shares held by the subsidiary and/or affiliate after transaction
Percentage to total outstanding shares
Other Relevant Information

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Filed on behalf by:
Name Raymund Aquino
Designation VP Legal/Assistant Corporate Secretary