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)

May 7, 2020

2. SEC Identification Number

AS094-002365

3. BIR Tax Identification No.

003-868-048

4. Exact name of issuer as specified in its charter

SPC POWER CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7th Floor, Cebu Holdings Center, Archbisop Reyes Avenue, Cebu Business Park, Cebu City Postal Code 6000

8. Issuer's telephone number, including area code

(63 32) 232 0477; (63 2) 8810 4474 to 77

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: Issued	1,569,491,900
Treasury Shares	72,940,097
Outstanding	1,496,551,803

11. Indicate the item numbers reported herein

Item No. 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.

SPC Power CorporationSPC

PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Report on Cash Dividend Declaration
Background/Description of the Disclosure
At the same meeting, the Board, upon motion duly made and seconded, unanimously approved the declaration of cash dividends equivalent to P0.40 per share, or for a total of P598.6 million, to all stockholders of record as of May 22, 2020, payable on or before May 29, 2020.

Type of Securities

• Common
• Preferred-
• Others-

Cash Dividend

Date of Approval by Board of Directors	May 7, 2020
Other Relevant Regulatory Agency, if applicable	N.A.
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Type (Regular or Special)	Regular
Amount of Cash Dividend Per Share	P0.40
Record Date	May 22, 2020
Payment Date	May 29, 2020

Source of Dividend Payment
From internally generated funds
Other Relevant Information
None