LN00386-2021

NOTICE

Subject Figaro Coffee Group, Inc.: Initial Public Offering – Preliminary Terms and Conditions
Company Name Figaro Coffee Group, Inc.
Mode of Listing Initial Public Offering
Security Details
Type of Security Stock Symbol Par Value
Common Shares FCG Php 0.10
Issued Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer
Number of shares
Post-Offer
FCG Common Shares - Up to 5,011,005,003
Outstanding Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer
Number of shares
Post-Offer
FCG Common Shares - Up to 5,011,005,003
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
FCG Up to 1,260,000,000
Secondary Offer Shares (if applicable)
Stock Symbol No. of Shares
- -
Total Firm Offer Shares
Stock Symbol No. of Shares
FCG Up to 1,260,000,000
Over-Allotment or Oversubscription Option Shares (if applicable)
Stock Symbol No. of Shares
FCG Up to 126,000,000
Total Shares Applied for Listing
Stock Symbol No. of Shares
FCG Up to 5,011,005,003
Offer Price Up to Php1.28
Market Capitalization (Post-IPO) Up to Php6,414,086,403.84
TP Allocation Up to 252,000,000 common shares equivalent to up to Php322,560,000.00
Allocation per TP Up to 2,016,000 common shares equivalent to up to Php2,580,480.00
LSI Allocation Up to 126,000,000 common shares equivalent to up to Php161,280,000.00
Estimated Public Float (with Overallotment/Oversubscription) 27.66%
Estimated Public Float (without Overallotment/Oversubscription) 25.79%
Total Shares Under Escrow
Stock Symbol No. of Shares Duration of Lock-up
FCG 3,625,000,003 365 days
Parties to the Offer
Function Name of the Party
Joint Issue Managers, Joint Lead Underwriters and Joint Bookrunners Abacus Capital & Investment Corporation
Joint Issue Managers, Joint Lead Underwriters and Joint Bookrunners China Bank Capital Corporation
Joint Issue Managers, Joint Lead Underwriters and Joint Bookrunners PNB Capital and Investment Corporation
Legal Counsel to the Company Picazo Buyco Tan Fider & Santos Law Offices
Legal Counsel to the Joint Issue Managers, Joint Lead Underwriters and Joint Bookrunners Romulo Mabanta Buenventura Sayoc & de los Angeles
Selling Agents PSE Trading Participants
Stock Transfer Agent Philippine National Bank acting through its Trust Banking Group
Receiving Agent Philippine National Bank acting through its Trust Banking Group
Escrow Agent Philippine National Bank acting through its Trust Banking Group
External Auditor R.S. Bernaldo & Associates
Price-Setting Date Dec 22, 2021
Start of Offer Period Jan 10, 2022
End of Offer Period Jan 14, 2022
Tentative Listing Date Jan 24, 2022
Corporate Website Hyperlink to the Prospectus TBD
Other Relevant Information

The Exchange approved the application of Figaro Coffee Group, Inc. (“FCG” or the “Company”) for the initial listing of up to 5,011,005,003 common shares, with a par value of Php0.10 per share, under the Main Board of the Exchange, which includes the shares subject of the Company’s Initial Public Offering (“IPO”) with the following details:

1. 3,625,005,003 common shares, representing the total number of issued and outstanding shares of the Company prior to the initial public offering of the Company’s shares; and

2. Up to 1,386,000,000 common shares, representing the total number of shares to be offered to the public on a primary basis.

The IPO of the Company, with an Offer Price of up to Php1.28 per share, consists of the following:

1. Firm Shares of up to 1,260,000,000 common shares; and

2. Overallotment Option Shares of up to 126,000,000 common shares, the “Option Shares”, together with the Firm Shares shall collectively be referred to as the “Offer Shares” and will be issued and offered to the public on a primary basis.

Attached is a copy of the signed revised Preliminary Offer Terms Sheet.

This notice is being amended to reflect the Company’s revised timetable of activities. Please refer to LN00385-2021 dated December 10, 2021.

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

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

For your information and guidance.

Filed on behalf by:
Name Norberto Moreno Jr.
Designation Listings Department