Republic Glass : Acquisition or Disposition of Shares of Another Corporation

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) Jun 8, 20222. SEC Identification Number 116033. BIR Tax Identification No. 000-141-079-0004. Exact name of issuer as specified in its charter REPUBLIC GLASS HOLDINGS CORPORATION5. Province, country or other jurisdiction of incorporation PHILIPPINES6. Industry Classification Code(SEC Use Only) 7. Address of principal office 6F REPUBLIC GLASS BLDG., 196 SALCEDO ST., LEGASPI VILLAGE, MAKATI CITYPostal Code12298. Issuer's telephone number, including area code [phone] TO 139. Former name or former address, if changed since last report N/A10. 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 PAR P1.00 PAR VALUE	682,065,632

11. Indicate the item numbers reported herein 9A.

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.

Republic Glass Holdings CorporationREG 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

Material Information/Transaction

Background/Description of the Disclosure

Purchase of additional shares of Science Park of the Philippines, Inc.

Date of Approval by Board of Directors

May 11, 2022

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

On May 11, 2022, the Board approved the authority of the President and CEO to negotiate and conclude the purchase of additional shares of SPPI. Currently, the Company holds approximately 12.27% in equity holdings of SPPI. After the additional purchase, this percentage will increase to approximately 12.88%. The acquisition is expected to expand the profitability of the Company.

Details of the acquisition or disposition

Date	Jun 7, 2022

Manner

The parties will execute the Deed of Absolute Sale of Shares of Stock and other documents in relation to the transaction.

Description of the company to be acquired or sold

Science Park of the Philippines, Inc. (SPPI) was established in 1989, and through the years, has gained the reputation of being a cutting-edge developer of industrial estates through its Light Industry & Science Park projects. Today, SPPI is highly regarded as one of the pioneers and leaders in private industrial estate development in the country and has the largest hectarage of industrial estates developed and being developed with almost 800 hectares of aggregate area.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	3,804,110
Percentage to the total outstanding shares of the company subject of the transaction	0.61
Price per share	6.15

Nature and amount of consideration given or received

The two (2) individual sellers sold 1,902,055 shares each at purchase price of Php 11,697,638.25 or a total of 3,804,011 shares or Php 23,395,276.50, which is payable in cash upon signing of Deed of Absolute Sale of Shares of Stock.

Principle followed in determining the amount of consideration

Price was seller-offered and was arrived on a willing-buyer, willing-seller basis.

Terms of payment

Cash upon signing of Deed of Absolute Sale of Shares of Stock.

Conditions precedent to closing of the transaction, if any

N/A

Any other salient terms

N/A

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
Bryan G. Teng	N/A
Kenrick G. Teng	N/A

Effect(s) on the business, financial condition and operations of the Issuer, if any

The acquisition is expected to expand the profitability of the Company.

Other Relevant Information

This information is being disclosed in compliance with PSE disclosure rules. Thank you!

Filed on behalf by:

Name	Florence Wong
Designation	Vice President/Chief Financial Officer