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)

Jul 11, 2018

2. SEC Identification Number

A1997-13456

3. BIR Tax Identification No.

005-029-401-000

4. Exact name of issuer as specified in its charter

CONCEPCION INDUSTRIAL CORP

5. Province, country or other jurisdiction of incorporation

METRO MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

308 Sen. Gil Puyat Avenue, Makati City, Philippines Postal Code 1209

8. Issuer's telephone number, including area code

02-772-1819

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

NA

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	407,263,891

11. Indicate the item numbers reported herein

ITEM 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.

Concepcion Industrial Corporation CIC

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
RESULTS OF REGULAR BOARD MEETING IN 11 JULY 2018
Background/Description of the Disclosure
The Board of Directors in its regular meeting held today, 11 June 2018, approved the 2018 Long Term Share Incentive Plan. Under the Plan, a percentage of the Company’s profit will be used to buy its existing shares in the stock market, which will then be given to entitled employees as an award (the “Award”) based on pre-determined conditions. The program will be funded annually based on 1% to 2% of CIC profit based on the financial measure of Profit After Tax and Minority Interest. The Company’s Chairman, Chief Executive Officer, and President, as the Administrator, will determine the provisions, terms, and conditions of the Award as well as to whom it will be granted. The Purpose of the Plan is to: (a) create “equity interest” in the Company and foster identification with “shareholder interests” toward common Company goals. This means fostering an “Ownership Culture” in which Employees take a greater interest in the factors driving long-term business success; (b) increase internal Employee retention (especially for Key Talents) to stay with the Company and contribute to longer term business objectives, while improving attraction of new external talent; and (c) improve the total compensation of employees by allowing Eligible Employees to build personal wealth through equity value appreciation of Company stocks.
Other Relevant Information
DETAILS IN FILE ATTACHED