SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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 20, 2021

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 Code 1605

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	1,109,566,917
Treasury	16,447,340

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 Report

Source	philSTAR.com
Subject of News Report	SEC OKs Jollibee's P20 billion preferred share issuance
Date of Publication	Sep 18, 2021

Clarification of News Report
Excerpt of our response is found below: “MANILA, Philippines — The Securities and Exchange Commission (SEC) has approved the P20 billion preferred share shelf registration of Jollibee Foods Corp. (JFC). Part of the proceeds would fund JFC’s expansion. JFC wholly owned subsidiary Zenith Foods Corp. plans to build a new commissary in Cebu to support its business needs in Visayas and Mindanao. The preferred shares will be issued in one or more tranches within a period of three years, as allowed under the SEC’s shelf registration program. For the first tranche, the company will offer up to P8 billion worth of preferred shares, with an over-allotment option of up to P4 billion. Jollibee expects to net P11.9 billion from the initial offer, assuming the oversubscription option is fully exercised. Proceeds will be used for the partial redemption of its senior perpetual securities, as well as for capital expenditures for its commissary and new store expansion. The company registered up to 20 million cumulative, non-voting, non-participating, non-convertible, and redeemable perpetual preferred shares to be sold at P1,000 apiece. The first tranche of the offer is scheduled on Sept. 28 to Oct. 4, based on the latest timetable submitted to the SEC. JFC tapped BPI Capital Corp. as the issue manager for the transaction, and will also serve as joint lead underwriter and bookrunner alongside BDO Capital & Investment Corp, China Bank Capital Corp. and SB Capital Investment Corp.” The Company would like to advise the Philippine Stock Exchange that we have not received the pre-effective letter or official communication from the SEC in connection with the approval of the Company's Registration Statement for the preferred shares. Furthermore, we wish to emphasize that the Company has not issued any press release or confirmation in connection with the foregoing. Rest assured that the Company will make the necessary disclosures at the appropriate time once we receive the official confirmation from the SEC.
Other Relevant Information
Please see attachment.