LN00322-2021

NOTICE

Subject Arthaland Corporation: Follow-on Public Offering of Series D Preferred Shares - Preliminary Terms and Conditions
Company Name Arthaland Corporation
Mode of Listing Follow-on Public Offer
Security Details
Type of Security Stock Symbol Par Value
Series D Preferred Shares ALCPD Php 1.00
Issued Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer		 Number of shares
Post-Offer
ALCPD Preferred Shares - Up to 6,000,000
Outstanding Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer		 Number of shares
Post-Offer
ALCPD Preferred Shares - Up to 6,000,000
Treasury Shares (Pre and Post-Offer) (if applicable)
Stock Symbol Type of Shares Number of shares
Pre-Offer		 Number of shares
Post-Offer
- - - -
Primary Offer Shares
Stock Symbol No. of Shares
ALCPD Up to 4,000,000
Secondary Offer Shares (if applicable)
Stock Symbol No. of Shares
- -
Total Firm Offer Shares
Stock Symbol No. of Shares
ALCPD Up to 4,000,000
Over-Allotment or Oversubscription Option Shares (if applicable)
Stock Symbol No. of Shares
ALCPD Up to 2,000,000
Total Shares Applied for Listing
Stock Symbol No. of Shares
ALCPD Up to 6,000,000
Offer Price Php 500.00
Market Capitalization (Post-IPO) -
TP Allocation Up to 800,000 Preferred Shares equivalent to up to Php400,000,000.00
Allocation per TP Up to 6,400 Preferred Shares equivalent to up to Php3,200,000.00
LSI Allocation N/A
Estimated Public Float (with Overallotment/Oversubscription) -
Estimated Public Float (without Overallotment/Oversubscription) -
Total Shares Under Escrow
Stock Symbol No. of Shares Duration of Lock-up
- - -
Parties to the Offer
Function Name of the Party
Sole Issue Manager, Lead Bookrunner and Lead Underwriter BDO Capital & Investment Corporation
Legal Counsel to the Company SyCip Salazar Hernandez & Gatmaitan
Legal Counsel to the Underwriter Romulo Mabanta Buenaventura Sayoc & De Los Angeles
Stock Transfer Agent Professional Stock Transfer, Inc.
Receiving Agent Professional Stock Transfer, Inc.
Escrow Agent N/A
External Auditor Reyes Tacandong & Co.
Price-Setting Date Nov 16, 2021
Start of Offer Period Nov 18, 2021
End of Offer Period Nov 24, 2021
Tentative Listing Date Dec 3, 2021
Corporate Website Hyperlink to the Prospectus TBA
Other Relevant Information

The Exchange approved the application of Arthaland Corporation (“ALCO” or the “Company”) for the listing of up to 6,000,000 Series D Preferred Shares (“ALCPD” or the “Offer Shares”), subject of the follow-on public offering (the “Offer”) of the Company, at an offer price of Php500.00 (“Offer Price”) per Offer Share.

The details of the Offer are as follows:

a. Base Offer. 4,000,000 Preferred Shares which is offered to the public on a primary basis; and

b. Oversubscription Option. In the event of oversubscription, the Sole Issue Manager, Lead Underwriter and Sole Bookrunner, in consultation with the Company, has the right (but not the obligation) to offer up to an additional 2,000,000 Preferred Series D Shares.

The number of issued and outstanding shares indicated in the fields above is on the assumption that the oversubscription option is fully exercised.

Please refer to the attached copy of the signed Offer Terms of the Company’s Series “D” Preferred Shares for the details on the Offer terms and conditions, as well as the features of the subject Preferred Shares.

Please refer to Circular Nos. C06053-2021 dated September 6, 2021 and C06238-2021 dated September 14, 2021, for the Company’s relevant disclosures relevant to the Series “D” Preferred Shares.

The Exchange’s approval of the listing of the ALCPD shares is subject to the Company’s compliance with all of the conditions and post-approval requirements of the Exchange.

The Exchange will advise the investing public of developments on the Offer of the Company.

For your information and guidance.
Filed on behalf by:
Name Norberto Moreno Jr.
Designation Listings Department