C04880-2017

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)
Aug 4, 2017
2. SEC Identification Number
CEO2536
3. BIR Tax Identification No.
003-828-269-V
4. Exact name of issuer as specified in its charter
ABOITIZ EQUITY VENTURES, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634
8. Issuer's telephone number, including area code
(02) 886-2800
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 Stock P1 par value 5,633,792,557
Amount of Debt Outstanding (March 31, 2017) 259,135,524.00
11. Indicate the item numbers reported herein
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.

Aboitiz Equity Ventures, Inc.AEV

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Acquisition of Majority Stake in Eurofeed

Background/Description of the Disclosure

Acquisition of 70% equity interest in Europe Nutrition Joint Stock Company (“Eurofeed”) by Pilmico International Pte. Ltd. (Pilmico International), a wholly owned subsidiary of Aboitiz Equity Ventures, Inc. (AEV).

Date of Approval by
Board of Directors
Jul 29, 2017
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

To expand its animal feeds business in Vietnam.

Details of the acquisition or disposition
Date Aug 4, 2017
Manner

The acquisition of the 70% of the outstanding shares of Eurofeed to be paid in cash.

Description of the company to be acquired or sold

Eurofeed is a joint stock company organized under the laws of Vietnam.

The terms and conditions of the transaction
Number of shares to be acquired or disposed 2,800,000
Percentage to the total outstanding shares of the company subject of the transaction 70
Price per share To be determined
Nature and amount of consideration given or received

Up to US DOLLARS: Three Million Seven Hundred Thousand (USD3,700,000.00)

Principle followed in determining the amount of consideration

Enterprise Value is $5,300,000.00

Equity Value is the Enterprise Value minus long-term debt and short term debt as reflected in the books of Eurofeed at Closing Date.

Purchase Price is 70% of the Equity Value, subject to price adjustments on the basis of a closing audit review.

Terms of payment

One-time payment upon Closing.

Conditions precedent to closing of the transaction, if any

(i) Subject to closing audit review; (ii) execution of a Shareholders’ Agreement and (iii) delivery by the Sellers of the corresponding Amended Investment Certificates, and other corporate documents, letters, deeds, and instruments to be submitted to the relevant governmental authorities of the Socialist Republic of Vietnam necessary to obtain the Amended Enterprise Registration Certificate, among others.

Any other salient terms

None

Identity of the person(s) from whom the shares were acquired or to whom they were sold
Name Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Mr. Le Binh Hung and Ms. Nguyen Thi Ly No relationship
Effect(s) on the business, financial condition and operations of the Issuer, if any

The expansion of its core feeds business is Vietnam.

Other Relevant Information

The Purchase Price and the Price Per Share is subject to price adjustments on the basis of a closing audit review.

Filed on behalf by:
Name Sammy Dave Santos
Designation Associate General Counsel