C02455-2022

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)
Apr 12, 2022
2. SEC Identification Number
147584
3. BIR Tax Identification No.
002-727-376-000
4. Exact name of issuer as specified in its charter
Premiere Horizon Alliance Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Unit 1705, East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
(02) 8632 - 7715.
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 STOCK P 0.25 PAR VALUE 5,096,541,496
11. Indicate the item numbers reported herein
Item No. 9 Other Item

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.

Premiere Horizon Alliance CorporationPHA

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

Approval of the Securities and Exchange Commission (SEC) Valuation

Background/Description of the Disclosure

Further to our disclosure on July 21, 2021, we advise that 540,983,008 common shares have been issued in favor of convertible note holders at a conversion price of Php0.70 per share following the Securities and Exchange Commission approval of the valuation and payment of corresponding documentary stamp taxes. As a result of the conversion, the Company’s liabilities were reduced by Php378,688,107.37 and equity was increased by the amount of Php377,335,649.85 as of April 1, 2022. The difference in the liabilities and equity pertains to the documentary stamp tax.

The Board of Directors approved the issuance of the new shares on July 20, 2021. Since the shares were issued from the unissued authorized capital stock, stockholders' approval is not necessary.

We hereby attached the Certificate of Approval of Valuation which was received last March 22, 2022.

Other Relevant Information

None

Filed on behalf by:
Name Paolo Antonio Martinez
Designation Asst. Vice President, Group Financial Controller, Deputy Chief Information Officer, Data Protection Officer