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 27, 2018

2. SEC Identification Number

A199813754

3. BIR Tax Identification No.

201-277-095

4. Exact name of issuer as specified in its charter

Puregold Price Club, Inc.

5. Province, country or other jurisdiction of incorporation

Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 900 Romualdez St., Paco, Manila Postal Code 1007

8. Issuer's telephone number, including area code

(632) 522-8801 to 04

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

None

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	2,765,381,406

11. Indicate the item numbers reported herein

Other Matters

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.

Puregold Price Club, Inc.PGOLD

PSE Disclosure Form 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Puregold solf to Lawson Inc. its total shareholdings in PG Lawson Inc.
Background/Description of the Disclosure
On April 26, 2018, Puregold signed a Share Purchase Agreement with Lawson Inc selling to the latter 4,900,000 shares in PG Lawson Inc.

Date of Approval by Board of Directors	N/A

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
Puregold has accepted the offer of its joint venture partners, Lawson Japan, to buy its 70% equity interest in the Philippine joint venture, PG Lawson. The divestment decision will enable Puregold to rebalance its risks portfolio in the grocery retail sector and focus its resources in the further development and strengthening of the Puregold brand.

Details of the acquisition or disposition

Date	Apr 26, 2018

Manner
Disposition of shares
Description of the company to be acquired or sold
70% of the outstanding shares of Puregold Price Club, Inc. in PG Lawson Inc.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	4,900,000
Percentage to the total outstanding shares of the company subject of the transaction	70
Price per share	not applicable

Nature and amount of consideration given or received
less than 10% of the total asset of the company
Principle followed in determining the amount of consideration
-
Terms of payment
Cash payment
Conditions precedent to closing of the transaction, if any
None
Any other salient terms
None

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Lawson, Inc.	no relation

Effect(s) on the business, financial condition and operations of the Issuer, if any
it will enable Puregold to rebalance its risks portfolio in the grocery retail sector and focus its resources in the further development and strengthening of the Puregold brand.
Other Relevant Information
None