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)

Sep 12, 2017

2. SEC Identification Number

CS2011102137

3. BIR Tax Identification No.

007-979-726

4. Exact name of issuer as specified in its charter

Cirtek Holdings Philippines Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

116 East Main Avenue, Phase V-SEZ Laguna Technopark, Binan Laguna Postal Code 4024

8. Issuer's telephone number, including area code

+63 2 729 6205

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	419,063,353

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.

Cirtek Holdings Philippines CorporationTECH

PSE Disclosure Form 4-15 - Creation and Issuance of New Equity Security References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Creation of Preferred B Shares
Background/Description of the Disclosure
The Board of Directors of the Corporation approved the creation of 270,000,000 Preferred B Shares with a par value of One Peso (PhP1.00) per share for a possible capital raising exercise that will be conducted by the Company

Date of approval by Board of Directors of the creation and/or issuance of a new security	Sep 8, 2017

Rationale for the creation and/or issuance
The creation of Preferred B Shares allows for flexibility in the Company's ability to raise fresh capital

Features of the new security

If convertible

Conversion or entitlement ratio	N/A
Corresponding number of underlying shares with percentage to total outstanding shares	N/A
Conversion price or exercise price	N/A
Provisions for adjustment(s) in conversion ratio and/or conversion period	N/A

If redeemable

Redemption price	TBA
Redemption period	TBA

Method and/or procedures in redemption
TBA

Terms and conditions of the issuance

Number of shares to be issued	-
Corresponding percentage to total outstanding shares	-
Issue price per share	TBA
Aggregate value of consideration	TBA

Source of shares available for issuance
The Corporation will increase its authorized capital stock to allow for the creation of Preferred B Shares
Basis upon which the issue value was determined
TBA
Terms of payment
TBA
Timetable and manner of issuance
TBA

Effect(s) on the ownership structure, including the list of principal shareholders with their corresponding shareholdings and percentage ownership to total outstanding shares before and after the transaction

Principal Shareholders	Before		After
	Number of shares	%	Number of shares	%
TBA	-	-	-	-

Effect(s) on the capital structure

Issued Shares

Type of Security/Stock Symbol	Before	After
Common / TECH	419,063,353	419,063,353
Preferred A	400,000,000	-
Preferred B	0	-

Outstanding Shares

Type of Security/Stock Symbol	Before	After
Common / TECH	419,063,353	419,063,353
Preferred A	400,000,000	-
Preferred B	0	-

Treasury Shares

Type of Security/Stock Symbol	Before	After
Common / TECH	0	0

Listed Shares

Type of Security/Stock Symbol	Before	After
Common / TECH	419,963,353	419,063,353
Preferred A	0	0
Preferred B	0	-

Effect(s) on the public float, if any	TBA
Effect(s) on foreign ownership level, if any	TBA

Other Relevant Information
The issuance of the new Preferred B shares will come from the increase in the authorized capital stock of the Corporation, which shall be submitted for approval by the Securities and Exchange Commission.