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)
Jun 16, 2025
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 CITYPostal 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 Shares (JFC)
1,119,661,123
Preferred Shares (JFCPB)
9,000,000
Treasury Shares - Common
16,447,340
Treasury Shares - Preferred (JFCPA)
3,000,000
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 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Clarification of News Reports
Source
Manila Bulletin (Online Edition) and The Korean Economic Daily
Subject of News Report
Jollibee’s appetite for Korea grows with reported Norang Food buyout; Jollibee to buy chicken chain Norang Tongdak amid global K-food frenzy
Date of Publication
Jun 11, 2025
Clarification of News Report
An excerpt of our response is found below:
"Jollibee Foods Corp., a household name in Southeast Asia’s food market, has been named the preferred buyer of Norang Tongdak, a South Korean fried chicken brand, in a deal estimated at 140 billion won ($100 million), according to industry sources.
The upcoming deal follows the Philippines-based food chain operator’s foray into South Korea in 2024 through the acquisition of the homegrown chain Compose Coffee Co. for 370 billion won in partnership with Seoul-based Elevation Equity Partners.
Amid the growing appetite for Korean cuisine buoyed by the popularity of K-pop and Korean TV series, Jollibee again teamed up with Elevation Equity to purchase Norang Tongdak. Norang means yellow and Tongdak refers to fried chicken.
On Tuesday, Jollibee signed a memorandum of understanding with Q Capital Partners and Corstone Asia to acquire the chicken franchise from the two Korean private equity firms."
As a matter of policy, the Company does not comment on market speculation or ongoing commercial discussions.
Other Relevant Information
Please see attached Letter to the Exchange.
Filed on behalf by:
Name
VALERIE AMANTE
Designation
Global Chief Legal, Ethics, and Compliance Officer Jollibee Group