LN00077-2021

NOTICE

Subject Monde Nissin Corporation: Initial Public Offering – Preliminary Terms and Conditions
Company Name Monde Nissin Corporation
Security Details
Type of Security Stock Symbol Par Value
Common Shares MONDE Php 0.50
Mode of Listing Initial Public Offering
Board Main Board
Date of PSE Approval Apr 21, 2021
Issued Shares (Post-Offer)
Stock Symbol No. of Shares
MONDE 17,968,611,496
Outstanding Shares (Post-Offer)
Stock Symbol No. of Shares
MONDE 17,968,611,496
Treasury Shares (Post-Offer) (if applicable)
Stock Symbol No. of Shares
- -
Primary Offer Shares
Stock Symbol No. of Shares
MONDE Up to 3,600,000,000
Secondary Offer Shares (if applicable)
Stock Symbol No. of Shares
- -
Total Offer Shares
Stock Symbol No. of Shares
MONDE Up to 3,600,000,000
Over-Allotment Option Shares (if applicable)
Stock Symbol No. of Shares
MONDE Up to 540,000,000
Shares Applied for Listing
Stock Symbol No. of Shares
MONDE 17,968,611,496
Offer Price Up to Php 17.50
Market Capitalization (Post-IPO) Up to Php 314,450,701,180.00
TP Allocation Up to 720,000,000 common shares equivalent to up to Php 12,600,000,000.00
Allocation per TP Up to 5,760,000 common shares equivalent to up to Php 100,800,000.00
LSI Allocation Up to 360,000,000 common shares equivalent to up to Php 6,300,000,000.00
Estimated Public Float (Post-IPO) 20.03%*
Applicable Lock-up Rule Article III, Part D, Section 2 of the Listing Rules
Total Shares Under Escrow
Stock Symbol No. of Shares Duration of Lock-up
MONDE 10,469,020,792 180 days
MONDE 1,228,611,504 365 days
Lead Underwriter(s) Please see below list.
Stabilizing Agent (if applicable) UBS AG Singapore Branch
Other Parties to the Offer
Function Name of the Party
Selling Shareholder Henry Soesanto
Joint Global Coordinators and Joint Bookrunners UBS AG Singapore Branch
Joint Global Coordinators and Joint Bookrunners Citigroup Global Markets Limited
Joint Global Coordinators and Joint Bookrunners J.P. Morgan Securities PLC
Local Lead Underwriters and Joint Bookrunners BDO Capital & Investment Corporation
Local Lead Underwriters and Joint Bookrunners BPI Capital Corporation
Local Lead Underwriters and Joint Bookrunners First Metro Investment Corporation
Joint International Bookrunner Credit Suisse (Singapore) Limited
International Co-Bookrunners Jefferies Singapore Limited
International Co-Bookrunners Macquarie Capital Securities (Singapore) Pte. Ltd.
Domestic Co-Lead Underwriters China Bank Capital Corporation
Domestic Co-Lead Underwriters PNB Capital and Investment Corporation
Domestic Co-Lead Underwriters SB Capital Investment Corporation
Legal Counsel to the Issuer on Philippine Law Picazo Buyco Tan Fider & Santos
Legal Counsel to the Issuer on US Federal and New York State Law Allen & Overy LLP
Legal Counsel to the Underwriters on Philippine Law Angara Abello Concepcion Regala & Cruz
Legal Counsel to the Underwriters on US Federal and New York State Law Milbank LLP
Selling Agents PSE Trading Participants
Stock Transfer Agent BDO Unibank, Inc. – Trust Investment Group
Receiving Agent BDO Unibank, Inc. – Trust Investment Group
Escrow Agent BDO Unibank, Inc. – Trust Investment Group
External Auditor SyCip Gorres Velayo & Company
Price-Setting Date May 18, 2021
Start of Offer Period May 24, 2021
End of Offer Period May 28, 2021
Tentative Listing Date Jun 7, 2021
Corporate Website Hyperlink to the Prospectus TBA
Other Relevant Information

On April 21, 2021, the Exchange approved the application of Monde Nissin Corporation (the “Company” or “MONDE”) for the initial listing of 17,968,611,496 common shares, with a par value of Php 0.50 per share, under the Main Board of the Exchange, which includes the shares subject of the Company’s Initial Public Offering (“IPO” or “Offer”) with the following details:

1. 14,368,611,496 common shares, representing the total number of issued and outstanding shares of the Company prior to the initial public offering of the Company’s shares; and

2. Up to 3,600,000,000 common shares, representing the total number of shares to be offered to the public on a primary basis.

The IPO of the Company, with an Offer Price of up to Php 17.50 per share, consists of the following:

1. Base offer of up to 3,600,000,000 common shares will be issued and offered to the public on a primary basis; and

2. Over-allotment option of up to 540,000,000 existing common shares to be offered by Mr. Henry Soesanto (“the Selling Shareholder”) and will be sold as part of the Institutional Offer.

Attached is a copy of the signed Preliminary Offer Terms Sheet.

The Company’s Estimated Public Float (Post-IPO), assuming the Over-allotment Option is fully exercised will be 23.04%. The indicated post-IPO public float of 20.03% is on the assumption that the Over-Allotment Option is not fully exercised. On the other hand, the Total Shares Under Escrow indicated above are based on the assumption that the Over-Allotment Option Shares are likewise fully subscribed.

The Exchange’s approval of the conduct of the IPO and listing of the Company’s shares is subject to its compliance with all of the post-approval conditions and requirements of the Exchange.

The Exchange will advise the investing public of further developments on the IPO of the Company.

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