C06415-2016

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)
2. SEC Identification Number
3. BIR Tax Identification No.
4. Exact name of issuer as specified in its charter
5. Province, country or other jurisdiction of incorporation
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Postal Code
8. Issuer's telephone number, including area code
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 1,867,640,146
11. Indicate the item numbers reported herein

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.

Xurpas Inc.X

PSE Disclosure Form 4-11 - Change in Number of Issued and Outstanding Shares References: Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Change in Number of Issued and Outstanding Shares

Background/Description of the Disclosure

Pursuant to the Share Purchase Agreement executed last October 6, 2016 by and among Xurpas Inc. (the "Company"), Emmanuel Michel Jean Allix and Wavemaker Labs Pte. Ltd. for the acquisition of 100% stake in Art of Click Pte. Ltd. ("AOC"), a company registered under the laws of Singapore and engaged in the business of mobile media advertising, the Company issued on November 11, 2016 an aggregate of 69,939,486 common shares from its unissued authorized capital stock in the amount of Php13.45 per share based on a 30-day average market price of the Company's shares (15 days before and 15 days after the Closing Date).

Change(s) in Number of Issued and Outstanding Shares

Issued Shares
Type of Security /Stock Symbol Before After
Common Shares/X 1,797,700,660 1,867,640,146
Outstanding Shares
Type of Security /Stock Symbol Before After
Common Shares/X 1,797,700,660 1,867,640,146
Other Changes, if any
In percent Before After
Public float
Foreign Ownership level
Filed on behalf by:
Name Mark Gorriceta
Designation Assistant Chief Information Officer