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 15, 2019

2. SEC Identification Number

39274

3. BIR Tax Identification No.

000-506-020-000

4. Exact name of issuer as specified in its charter

PHINMA Energy Corporation

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Level 11 PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati City Postal Code 1210

8. Issuer's telephone number, including area code

8700100

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	4,889,774,922
Amount of Debt Outstanding (in billions)	7

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.

PHINMA Energy CorporationPHEN

PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure
Advisory on the Philippine Competition Commission (“PCC”) Approval of Sale of shares in PHINMA Energy Corporation (“PHEN”) to AC Energy, Inc. (“AC Energy”)
Background/Description of the Disclosure
Please be informed that Philippine Investment Management (PHINMA), Inc. (PHI) have advised PHEN that they have received approval from the Philippine Competition Commission (“PCC”) for the sale of its PHI and PHINMA Corporation's (PHN) combined 51.48% stake in PHEN to AC Energy.
Other Relevant Information
The disclosure was amended today to indicate the correct PSE reference number. This is an update on the company’s disclosure with PSE reference number C00749 - 2019 dated February 11, 2019. PHN will sell 1,283,422,198 shares in PHEN to AC Energy, representing a 26.25% stake. PHI will likewise sell its 25.23% stake in PHEN to AC Energy. As part of the sale, AC Energy will also subscribe to approximately P2.632 billion worth of primary shares of PHEN at par value which will result in a total stake for AC Energy of around 68%, subject to the conduct of a tender offer for the shares of PHEN’s minority shareholders.