LN00013-2024

NOTICE

Subject Century Properties Group, Inc.: Follow-on Public Offering of Series B Preferred Shares - Preliminary Terms and Conditions
Company Name Century Properties Group, Inc.
Mode of Listing Follow-on Public Offering
Security Details
Type of Security Stock Symbol Par Value
Series B Preferred Shares CPGPB Php 0.53
Issued Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer		 Number of shares
Post-Offer
CPGPB Preferred - Up to 40,000,000
Outstanding Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer		 Number of shares
Post-Offer
CPGPB Preferred - Up to 40,000,000
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
CPGPB 20,000,000
Secondary Offer Shares (if applicable)
Stock Symbol No. of Shares
- -
Total Firm Offer Shares
Stock Symbol No. of Shares
CPGPB 20,000,000
Over-Allotment or Oversubscription Option Shares (if applicable)
Stock Symbol No. of Shares
CPGPB Up to 20,000,000
Total Shares Applied for Listing
Stock Symbol No. of Shares
CPGPB Up to 40,000,000
Offer Price Php100.00
Market Capitalization (Post-IPO) -
TP Allocation 4,000,000 Preferred Shares equivalent to Php 400,000,000.00
Allocation per TP Up to 32,500 Preferred Shares equivalent to Php 3,250,000.00
LSI Allocation N/A
Estimated Public Float (with Overallotment/Oversubscription) -
Estimated Public Float (without Overallotment/Oversubscription) N/A
Dividend Rate
Stock Symbol Dividend Rate
CPGPB 7.5432%
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 Underwriter and Sole Bookrunner China Bank Capital Corporation
Legal Counsel to the Issuer Angara Abello Concepcion Regala & Cruz Law Offices
Legal Counsel to Sole Issue Manager, Lead Underwriter and Sole Bookrunner Sycip Salazar Hernandez & Gatmaitan
Stock Transfer Agent Stock Transfer Service, Inc.
Receiving Agent Stock Transfer Service, Inc.
Escrow Agent N/A
External Auditor Sycip, Gorres Velayo & Company
Price/Dividend Rate Setting Date Feb 1, 2024
Start of Offer Period Feb 6, 2024
End of Offer Period Feb 13, 2024
Tentative Listing Date Feb 22, 2024
Corporate Website Hyperlink to the Prospectus TBA
Other Relevant Information

The Exchange approved the application of Century Properties Group, Inc. (“CPG” or the “Company”) for the listing of up to 40,000,000 Series B Preferred Shares (“CPGPB” or the “Offer Shares”), subject of the follow-on public offering (the “Offer”) of the Company, at an offer price of Php 100.00 per Offer Share. The Offer Shares consists of the following:

a. Base Offering: 20,000,000 Series B Preferred Shares; and

b. Oversubscription Option: Up to 20,000,000 Series B Preferred Shares.

Please refer to the attached copy of the signed preliminary offer terms of the Company’s Series B Preferred Shares for the details on the offer terms and conditions, as well as the features of the Offer Shares.

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

Further, please refer to C07550-2023 dated October 18, 2023 and C08100-2023 dated November 13, 2023 or the Company’s disclosures relevant to the Series “B” Preferred Shares.

The Exchange’s approval of the listing of the Offer Shares is subject to the Company’s compliance with any and all of the post-approval conditions and requirements of the Exchange, the Securities and Exchange Commission and other relevant regulatory bodies. The same is without prejudice to any subsequent action that the Exchange may take in relation to the Company’s compliance with applicable rules 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