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)

Sep 2, 2016

2. SEC Identification Number

34218

3. BIR Tax Identification No.

000-153-610-00

4. Exact name of issuer as specified in its charter

AYALA CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

32F to 35F , Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

(02)908-3000

9. Former name or former address, if changed since last report

-

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	620,177,892
Preferred B Series 1	20,000,000
Preferred B Series 2	27,000,000
Voting Preferred Shares	200,000,000

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.

Ayala CorporationAC

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
Divestment of Integreon,Inc.
Background/Description of the Disclosure
Please be informed that LiveIt Investments, Limited (“LiveIt”), a wholly-owned subsidiary of Ayala Corporation, has divested its 58.71% stake in Integreon, Inc., a BVI business company limited by shares, through a business combination transaction with Anchorage Merger Sub Ltd., another BVI business company limited by shares owned by IGL Services Ltd, where Integreon, Inc. is the surviving entity. IGL Services Ltd. is a wholly owned subsidiary of certain private equity funds managed by NewQuest Capital Partners (“NewQuest”). As a result of the business combination, LiveIt exercised its right to exchange all of its shares of stock in Integreon Inc. for consideration. Integreon Inc. is a leading global provider of legal support, research and business services to law firms, financial institutions and corporations. NewQuest, on the other hand, is Asia’s leading secondaries private equity platform. With regards to LiveIt's other BPO investments, both HRMall and AffinityX are being retained. HRMall provides strategic value for the Ayala Group's HR requirements, AffinityX is a global leader in advertising and marketing production services, and both continue to achieve meaningful growth and profitability. In the case of AffinityX, a bolt-on acquisition in the digital space would be considered to accelerate growth as well as deepen capabilities. Ayala Corp. has also expanded its investments in the Human Capital space to include Education, which is the main enabler for the upgrading of Filipino Talent. Ayala Education, Inc (AEI) was formed to provide affordable, quality education that significantly improves the employability for its graduates. To date, AEI has built APEC (Affordable Private Education Centers) Schools, a chain of private high schools that has scaled to 27 branches and over 10,300 students in the past 3 years, and acquired a majority stake in University of Nueva Caceres, a leading university in the Bicol region that has grown to 7,700 students. AEI is seeking to invest in other leading Higher Education Institutions around the country.
Other Relevant Information
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