CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Sep 13, 2024
2. SEC Identification Number
77487
3. BIR Tax Identification No.
000-388-771
4. Exact name of issuer as specified in its charter
JOLLIBEE FOODS CORPORATION doing business under the name and style of Jollibee
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10/F JOLLIBEE PLAZA BUILDING, 10 F. ORTIGAS JR. AVENUE, ORTIGAS CENTER, PASIG CITY Postal Code1605
8. Issuer's telephone number, including area code
(632) 8634-1111
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common
1,121,726,180
Treasury
16,447,340
Preferred Shares (JFCPA)
3,000,000
Preferred Shares (JFCPB)
9,000,000
11. Indicate the item numbers reported herein
-
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Jollibee Foods CorporationJFC
PSE Disclosure Form 4-21 - Redemption of Security References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Redemption of Series A Preferred Shares
Background/Description of the Disclosure
On September 13, 2024, the Board of Directors of Jollibee Foods Corporation approved the redemption of its Series A Preferred Shares with stock symbol JFCPA with Redemption Date on October 14, 2024.
Date of Approval by Board of Directors
Sep 13, 2024
Record Date, if applicable
Sep 30, 2024
Redemption Price
PhP1,000.00 plus accrued and unpaid cash dividends due thereon as of 14 October 2024*
Redemption Period
N/A
Redemption Date
Oct 14, 2024
Effects on the capital structure
Issued Shares
Type of Security/Stock Symbol
Before
After
JFC
1,138,596,518
1,138,596,518
JFCPA
3,000,000
3,000,000
JFCPB
9,000,000
9,000,000
Outstanding Shares
Type of Security/Stock Symbol
Before
After
JFC
1,122,149,178
1,122,149,178
JFCPA
3,000,000
0
JFCPB
9,000,000
9,000,000
Treasury Shares
Type of Security/Stock Symbol
Before
After
JFC
16,447,340
16,447,340
JFCPA
0
3,000,000
JFCPB
0
0
Listed Shares
Type of Security/Stock Symbol
Before
After
JFC
1,132,330,884
1,132,330,884
JFCPA
3,000,000
3,000,000
JFCPB
9,000,000
9,000,000
Effect(s) on foreign ownership level, if any
The redemption will decrease the number of foreign shareholders of JFC’s preferred shares .
Other Relevant Information
Upon redemption, the Series A Preferred Shares shall be considered retired.
*(continuation of Redemption Price): PhP1,000.00 plus accrued and unpaid cash dividends due thereon as of 14 October 2024, after deducting transfer costs customarily chargeable to stockholders, as applicable, to effect the redemption.