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)

Jan 21, 2022

2. SEC Identification Number

1803

3. BIR Tax Identification No.

00406761000

4. Exact name of issuer as specified in its charter

ABS-CBN Corporation

5. Province, country or other jurisdiction of incorporation

Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

ABS-CBN Broadcasting Center, Sgt. Esguerra Ave. cor. Mother Ignacia Street Quezon City Postal Code 1103

8. Issuer's telephone number, including area code

(632)34152272

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	875,422,529

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.

ABS-CBN CorporationABS

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
Sale of Treasury Shares
Background/Description of the Disclosure
As previously disclosed, on January 20, 2022, the Board approved the sale of its treasury shares and PDRs held by ABS-CBN, to interested qualified institutional buyers. Accordingly, a block sale of 21,322,561 ABS-CBN common shares and 11,507,379 PDRs was completed today, January 21, 2022 at a price of P15.23 for each common share and for each PDR. The price represents a 12% premium over the PSE closing price of the ABS-CBN common shares on January 20, 2022; and a 19% premium over their 30-day volume weighted average price. The purchaser for the common shares and PDRs was ABS-CBN’s principal shareholder, Lopez, Inc. at a total purchase price of Four Hundred Ninety-Nine Million, Nine Hundred Ninety-Nine Thousand, Nine Hundred Eighty-Six and 20/100 Pesos (P499,999,986.20). The proceeds will be used for digital initiatives, content production and other general corporate purposes.
Other Relevant Information
Amended to include details of purchaser and use of proceeds.