C02013-2022

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)
Mar 25, 2022
2. SEC Identification Number
094008811
3. BIR Tax Identification No.
004-500-964-000
4. Exact name of issuer as specified in its charter
ACE Enexor, Inc.
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
4th Floor, 6750 Office Tower, Ayala Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(02) 7730 6300
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 Shares 250,000,001
11. Indicate the item numbers reported herein
N/A

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.

ACE Enexor, Inc.ACEX

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

Executive Committee approval of the Company’s Shelf Registration
Background/Description of the Disclosure

Please be informed that the Company’s Executive Committee, by authority of the Board of Directors, approved on 25 March 2022 the following:

1. To authorize (a) the filing by the Company with the Securities and Exchange Commission (“SEC”) of a registration statement covering a three-year shelf registration (the “Shelf Registration”) of up to 649,870,100 primary common shares (the “Securities”), (b) the Company’s offer, issuance and listing of such Securities in up to three separate tranches, and (c) the filing of the corresponding application for the listing of Securities issued under each such tranche (the “Listing Applications”) with the Philippine Stock Exchange (“PSE”);

2. To authorize the offer and issuance by the Company, out of the Securities to be shelf registered, in the following tranches: (a) up to 74,000,000 Securities through a follow-on offering to the public; (b) up to 339,076,058 Securities to AC Energy Corporation (“ACEN”) at an issue price of PhP10.00 per share in exchange for certain properties of ACEN pursuant to the asset for the share swap transaction executed with the Corporation on 29 December 2021; and (c) up to 236,794,042 Securities through a stock rights offering, all subject to compliance with all applicable SEC and PSE rules and regulations;

3. To delegate authority to the Chairman, John Eric T. Francia, the President, Rolando J. Paulino, Jr. and CFO, Maria Corazon G. Dizon, to jointly determine and finalize the final structure and other terms and conditions of the offer issuance and listing of the Securities from the Shelf Registration, including the size, price, and the schedules of each tranche, and other documents and appointments or engagements necessary to implement the foregoing transactions;

4. To authorize the filing of such documents as may be required by the SEC and PSE in connection with the Shelf Registration and the Listing Applications for each tranche, respectively, including a prospectus for the initial tranche and relevant offer supplements for subsequent tranches;

5. To authorize any one (1) of John Eric T. Francia, Rolando J. Paulino, Jr., Maria Corazon G. Dizon, and Dodjie D. Lagazo to sign such documents and execute such actions as are necessary to implement the foregoing; and

6. To authorize the disclosures contained in the prospectus and offer supplements for each tranche, and such other documents, certifications or confirmations as may be required by the SEC and the PSE, and to assume responsibility for the information contained therein.
Other Relevant Information

Given that this is a Stock Rights Offering, there will be necessary adjustments to the Company's share price and outstanding shares on the ex-date.
Filed on behalf by:
Name Alan Ascalon
Designation Assistant Corporate Secretary