LN00236-2022

NOTICE

Subject Figaro Coffee Group, Inc.: Initial Public Offering - Release of Shares under Lock-Up
Company Name Figaro Coffee Group, Inc.
Security Details
Type of Security Stock Symbol Par Value
Common Shares FCG Php 0.10
Reference(s) LN00023-2022 dated January 20, 2022
Type of Transaction(s) Initial Public Offering
Lock-up Details
Duration of Lock-up 365 days
Applicable Lock-up Rule Article III, Part D, Section 2 of the Consolidated Listing and Disclosure Rules, as amended
Escrow Agent PNB acting through its Trust Banking Group
Date of Execution of Escrow Agreement Dec 22, 2021
Details of the Mandatory Lock-up
Name of Shareholder No. of Shares Stock Symbol Percentage
Camerton, Inc. 400,000,000 FCG 8.61
Details of the Voluntary Lock-up (if applicable)
Name of Shareholder No. of Shares Stock Symbol Percentage
- - - -
Total Shares to be Released from Lock-up
Stock Symbol No. of Shares
FCG 400,000,000
Expiry of Lock-up Sep 14, 2022
Effective Date of Tradability of the Shares Sep 15, 2022
Other Relevant Information

As previously announced in Listing Notice No. LN00023-2022 dated January 20, 2022, in light of Figaro Coffee Group, Inc.’s (“FCG” or the “Company”) compliance with the lock-up requirement of the Exchange, 400,000,000 FCG common shares were subject to a lock-up period of 365 days from the full payment of shares.

In a letter dated September 6, 2022, Philippine National Bank, acting through its Trust Banking Group (the “Escrow Agent”), informed the Exchange that the lock-up period for the 400,000,000 FCG common shares owned by the above-mentioned Locked-up Shareholder, will expire on September 14, 2022.

In view thereof, the 400,000,000 FCG common shares that were held in escrow will be eligible for trading starting on Wednesday, September 15, 2022.

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