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 29, 2017

2. SEC Identification Number

ASO94-03992

3. BIR Tax Identification No.

003-871-592

4. Exact name of issuer as specified in its charter

Global Ferronickel Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Makati, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7F Corporate Business Center, 151 Paseo de Roxas cor. Arnaiz St. Makati City Postal Code 1228

8. Issuer's telephone number, including area code

(02) 519 7888

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

not applicable

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	2,334,640,312

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.

Global Ferronickel Holdings, Inc.FNI

PSE Disclosure Form 4-11 - Change in Number of Issued and Outstanding Shares References: Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Share grants
Background/Description of the Disclosure
Pursuant to previous board and stockholders' approvals on the grant of the 1st tranche of the Employee Stock Option Plan, 10,100,000 common shares out of the Corporation's listed treasury shares with the market price of Php2.62 per share were granted to eligible employees as share grants with a lock-in period of 2 years from date of grant.

Change(s) in Number of Issued and Outstanding Shares

Issued Shares

Type of Security /Stock Symbol	Before	After
Common/FNI	5,822,357,151	5,822,357,151

Outstanding Shares

Type of Security /Stock Symbol	Before	After
Common/FNI	5,453,437,399	5,463,537,399

Other Changes, if any

In percent	Before	After
Public float	26.77	25.14
Foreign Ownership level	30.14	30.11