LN00189-2024

NOTICE

Subject Arthaland Corporation: Follow-on Public Offering of Series F Preferred Shares – Final Terms and Conditions
Company Name Arthaland Corporation
Mode of Listing Follow-on Public Offering
Security Details
Type of Security Stock Symbol Par Value
Series F Preferred Shares ALCPF Php1.00
Issued Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer
Number of shares
Post-Offer
ALCPF Preferred - Up to 6,000,000
Outstanding Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer
Number of shares
Post-Offer
ALCPF Preferred - Up to 6,000,000
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
ALCPF 4,000,000
Secondary Offer Shares (if applicable)
Stock Symbol No. of Shares
- -
Total Firm Offer Shares
Stock Symbol No. of Shares
ALCPF 4,000,000
Over-Allotment or Oversubscription Option Shares (if applicable)
Stock Symbol No. of Shares
ALCPF Up to 2,000,000
Total Shares Applied for Listing
Stock Symbol No. of Shares
ALCPF Up to 6,000,000
Offer Price Php500.00
Market Capitalization (Post-IPO) -
TP Allocation 800,000 Series F Preferred Shares equivalent to Php400,000,000.00
Allocation per TP 6,610 Series F Preferred Shares equivalent to Php3,305,000.00
LSI Allocation 400,000 Series F Preferred Shares equivalent to Php200,000,000.00
Estimated Public Float (with Overallotment/Oversubscription) -
Estimated Public Float (without Overallotment/Oversubscription) -
Dividend Rate
Stock Symbol Dividend Rate
ALCPF 7.3260%
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 Lead Bookrunner BDO Capital & Investment Corporation
Selling Agents PSE Trading Participants
Legal Counsel to the Company SyCip Salazar Hernandez & Gatmaitan
Legal Counsel to the Sole Issue Manager, Lead Underwriter and Bookrunner Romulo Mabanta Buenaventura Sayoc & de los Angeles
Stock Transfer Agent Stock Transfer Service, Inc.
Receiving Agent Stock Transfer Service, Inc.
Escrow Agent N/A
External Auditor Reyes Tacandong & Co.
Price/Dividend Rate Setting Date Oct 22, 2024
Start of Offer Period Oct 28, 2024
End of Offer Period Nov 4, 2024
Tentative Listing Date Nov 14, 2024
Corporate Website Hyperlink to the Prospectus ALCO-Final-Prospectus-23-October-2024.pdf
Other Relevant Information

The Exchange approved the application of Arthaland Corporation (“ALCO” or the “Company”) for the follow-on offering of up to 6,000,000 Series F Preferred Shares (“Offer Shares”), at an offer price of Php500.00 per Offer Share. The Offer Shares consists of the following:

a. Firm Offer. 4,000,000 Series F Preferred Shares; and

b. Oversubscription Option: In the event of an oversubscription, the Lead Underwriter, with the consent of the Company, may increase the size of the Offer up to an additional 2,000,000 Series F Preferred Shares.

Please refer to the attached copy of the signed final offer terms of the Company’s Series F 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.

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