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. |