C01222-2021

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)
Feb 25, 2021
2. SEC Identification Number
CEO2536
3. BIR Tax Identification No.
003-828-269-V
4. Exact name of issuer as specified in its charter
ABOITIZ EQUITY VENTURES INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
32nd Street Postal Code 1634
8. Issuer's telephone number, including area code
(02) 8886-2800
9. Former name or former address, if changed since last report
N/A
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 Stock P1 Par Value 5,630,225,457
Amount of Debt Outstanding (September 30, 2020) 331,460,797,000.00
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.

Aboitiz Equity Ventures, Inc.AEV

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 to the February 25, 2021 BusinessWorld (Online Edition) News Article

Source BusinessWorld (Online Edition)
Subject of News Report Aboitiz said to weigh sale of minority stake in Pilmico
Date of Publication Feb 25, 2021
Clarification of News Report

Dear Ms. Encarnacion:

This refers to the letter from the Philippine Stock Exchange (PSE) requesting Aboitiz Equity Ventures Inc. (AEV, or the “Company”) to confirm the veracity of the information contained in the BusinessWorld (Online Edition) news article dated February 25, 2021 entitled “Aboitiz said to weigh sale of minority stake in Pilmico” a portion of which are quoted hereunder:

“Philippine conglomerate Aboitiz Equity Ventures Inc. is considering a sale of a minority stake in its animal feed business Pilmico Foods Corp., people familiar with the matter said.

Aboitiz is considering selling about 20% to 30% of the unit, the people said, asking not to be identified because the information is private. The transaction could value the entire business at more than $1 billion, they said.

Deliberations are ongoing and the companies could decide against a deal, the people said. A representative for the company declined to comment.

. . . .”

We would like to clarify that the Food Group of Aboitiz Equity Ventures Inc. (AEV), alongside other businesses in our portfolio, is in constant pursuit of opportunities in our sectors and in the region to expand our businesses.

We likewise take an active stance in exploring ways to fund our growth story. We have multiple initiatives in place as we remain true to our commitment of delivering results and growing shareholder returns.

Our practice is to disclose projects as they reach a level of certainty or materiality.

For questions, please email [email protected].

We trust that we have clarified the above-quoted news article to your satisfaction.

Other Relevant Information

Please see attached.

Filed on behalf by:
Name Mailene de la Torre
Designation AVP-Governance and Compliance/Assistant Corporate Secretary