C03890-2019

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 3, 2019
2. SEC Identification Number
54666
3. BIR Tax Identification No.
000163396
4. Exact name of issuer as specified in its charter
SHAKEY'S PIZZA ASIA VENTURES INC.
5. Province, country or other jurisdiction of incorporation
MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
15 KM EAST SERVICE ROAD CORNER MARIAN ROAD 2, BARANGAY SAN MARTIN DE PORRES, PARANAQUE CITY Postal Code 1700
8. Issuer's telephone number, including area code
(632) 867-7677
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 1,531,321,053
11. Indicate the item numbers reported herein
Item 9: 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.

Shakey's Pizza Asia Ventures, Inc.PIZZA

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

Shakey’s Pizza finalizes the purchase of ‘Peri-Peri Charcoal Chicken’

Background/Description of the Disclosure

Shakey’s Pizza Asia Ventures Inc (PSE: PIZZA), one of the country’s leading restaurant operators, finalizes the purchase of Peri-Peri Charcoal Chicken (“Peri”), an emerging fast casual and full service restaurant brand in the Philippines.

Following an Asset Purchase Agreement signed last April 2019, PIZZA acquired the assets and intellectual property relating to the Peri business, including its brand, trade name, and the various proprietary recipes used by the chain to make its trademark peri-peri chicken.

With the closing of the deal and completion of the acquisition, as of June 1 2019, PIZZA now owns and operates all company-owned Peri stores, and serves as brand-owner and franchisor of those being operated by franchisees.

Currently, Peri has a store network of 23 units in various parts of the Philippines.

Further, PIZZA also signed today a Memorandum of Agreement to purchase, for a nominal amount, the various assets and intellectual property of Project Pie (“Project Pie”), an artisanal pizza brand for a higher end, niche market.

Previously, Project Pie was majority owned by Century Pacific Group, parent company of PIZZA, and GIC, Singapore’s sovereign wealth fund.

PIZZA, the Philippines’ largest casual dining restaurant, has built an established track record of building and operating stores with its nationwide store count of 229 as of end March 2019. It expects to end this year with 248 Shakey’s outlets locally - a total of 20 net new stores for 2019.

In addition, the Company currently has 3 outlets internationally, developing a Middle East presence where strong sales there continue to be supported by a large overseas Filipino base.

PIZZA owns the perpetual rights to the Shakey's brand for the Middle East, Asia (excluding Japan and Malaysia), China, Australia, and Oceania. With two international area development agreements signed up, its total international pipeline is at least 20 outlets over the next few years.

Other Relevant Information

Please refer to attached.

Filed on behalf by:
Name Giovanna Vera
Designation Head - Investor Relations