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)

Apr 3, 2019

2. SEC Identification Number

54666

3. BIR Tax Identification No.

000163396

4. Exact name of issuer as specified in its charter

SHAKEY'S PIZZA ASIA VENTURES INC.

5. Province, country or other jurisdiction of incorporation

MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

15 KM EAST SERVICE ROAD CORNER MARIAN ROAD 2, BARANGAY SAN MARTIN DE PORRES, PARANAQUE CITYPostal Code 1700 Postal Code 1700

8. Issuer's telephone number, including area code

(632) 867-7677

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 SHARES	1,531,321,053

11. Indicate the item numbers reported herein

Item 9: Other Matters

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.

Shakey's Pizza Asia Ventures, Inc.PIZZA

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of news report

Source	Manila Times.net
Subject of News Report	Shakey's PH to Acquire Peri-Peri Chicken chain
Date of Publication	Apr 3, 2019

Clarification of News Report
We wish to confirm that the Company (i) is subject to non-disclosure agreements with respect to transaction costs relating to the acquisition; and (ii) expects the acquisition price to be not substantial relative to its current market capitalization. We would also like to confirm that the deal is expected to close mid-year, upon fulfillment of conditions precedent customary to this kind of transaction. We also wish to confirm that the Company is looking at a combination of internally generated cash and debt to finance the acquisition. However, we wish to clarify that the decision will be based on evolving financial assumption, subject to changes in economic factors and other company-specific developments. We trust that you find the foregoing clarification sufficient and in order.
Other Relevant Information
Please see attached.